South Africa’s Finances Are in a Parlous State, Minister Warns

[ad_1] South Africa’s public finances are in a poor state, with the government failing to meet its tax-collection targets and tighter financial conditions making it difficult to borrow more and…

France Plans Bill to Boost Country’s Attractiveness for Finance

[ad_1] French Finance Minister Bruno Le Maire said the government will present a bill of measures aimed at luring more foreign financial firms to the euro area’s second-largest economy. “We…

South Africa Will Borrow More, Spends Less to Tackle Revenue Shortfall

[ad_1] South Africa’s National Treasury said it will ramp up borrowing, trim spending and raise taxes to compensate for a revenue shortfall, spiraling debt-servicing costs and a higher state wage…

South Africa Central Bank Says Domestic Bond Concentration Risky

[ad_1] The increasing concentration of South African government bonds in the hands of domestic investors, coupled with high levels of state debt, present a risk to the financial industry, the…

A War With High Financial Costs for Israel

[ad_1] The financial burden of the Israel-Hamas war is beginning to take its toll, sparking a political debate in Israel that will be tough for Prime Minister Benjamin Netanyahu and…

Businessman underscores need for implementing structural reforms

[ad_1] LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Presidential Candidate for the upcoming election 2024 Muhammad Ali Sheikh, stressed the need for implementing structural reforms for…

BMI maintains Malaysia’s budget deficit forecast at 4.9%

[ad_1] KUALA LUMPUR: BMI has maintained its 2023 forecast for Malaysia’s federal government budget deficit at 4.9 per cent of gross domestic product (GDP) from 5.6 per cent in 2022.…

Crypto market trades flat as government shutdown looms, inflation fears rise

[ad_1] Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to…