Q+A – Will post-election spending affect Thai fiscal, monetary policy?
BANGKOK – Thailand’s Puea Thai Party, which won a landslide election victory on Sunday, pledged a range of populist measures during its campaign, from wage increases to infrastructure projects to computers for school children.
Continue Reading »SIX SRIs, PUBLIC FINANCE TO CREATE RM13 BILLION FISCAL SPACE
KUALA LUMPUR, July 5 — Six strategic reforms initiativesannounced today, which includes the Public Finance SRI, aims to create RM13billion in fiscal space and complete the framework for the EconomicTransformation Programme. The SRIs are the second critical component of the ETP in addition to the 12National Key Economic Areas in a bid to boost the nation”s …
Continue Reading »Greek fiscal survival vital for euro zone: FinMin
ATHENS – Greece will stave off default not only for its own sake but because its survival is vital for the euro zone and the global economy, Greek Finance Minister Evangelos Venizelos told Reuters on Monday.
Continue Reading »Fiscal discipline, curb on government borrowing to contain inflation: SBP
KARACHI : The State Bank of Pakistan has said that fiscal discipline and restrictions on Government borrowing from SBP are necessary to contain inflationary expectations, which have become ingrained in recent months, according to State Bank’s Third Quarterly Report on the State of Pakistan’s Economy for FY11 released today.
Continue Reading »Fiscal discipline, restrictions on govt borrowing necessary to contain inflation: SBP
KARACHI : The State Bank of Pakistan has said that fiscal discipline and restrictions on Government borrowing from SBP are necessary to contain inflationary expectations, which have become ingrained in recent months, according to State Bank’s Third Quarterly Report on the State of Pakistan’s Economy for FY11 released today.
Continue Reading »State revenue grows 6 percent in fiscal 2011
DES MOINES – State government ended fiscal 2011 on a positive financial note with tax collections finishing the 12-month period on June 30 up 6 percent, the state budget officially closing the year with an estimated $479.9 million surplus and state lawmakers authorizing an 11th-hour spending plan.
Continue Reading »Revenue Department Releases Fiscal Year 2010-2011 Collections
HARRISBURG, Pa., July 1, 2011 /PRNewswire-USNewswire/ — Pennsylvania collected $3.2 billion in General Fund revenue in June, which was $246.1 million, or 8.3 percent, more than anticipated, Secretary of Revenue Daniel Meuser reported today.
Continue Reading »Russian President Announces Fiscal Policy for Improvement of …
One of the most important things that Russia needs right now is a new growth model, and just recently, President Dmitry Medvedev has announced that they have.
Continue Reading »Gov. Quinn Signed Fiscal Year 2012 State Budget
Governor Pat Quinn has made the deadline in approving a new budget, but not before making some big changes.
Continue Reading »News N Economics: Retail Sales and Fiscal Policy in Europe
But look at this data in a panel and note the deleterious nature of fiscal austerity amid the strong desire to save on the part of Spanish households. Marshall's right, this is 'economic deterioration', plain and simple. …
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