Indonesia’s Prabowo weighs former minister, regulator chief for finance job, sources say
By Ananda Teresia and Stefanno Sulaiman JAKARTA (Reuters) – Indonesian financial regulator Mahendra Siregar and former finance minister Chatib Basri are among the top choices Prabowo Subianto is considering for the role…
Explainer-How Britain is exploiting Brexit to reform finance?
By Huw Jones LONDON (Reuters) – Britain proposed over 30 reforms on Friday to bolster the City of London’s role as a global financial centre, now outside the European Union and facing…
UK’s Hunt: finance reforms won’t repeat pre-2008 mistakes
LONDON (Reuters) – British finance minister Jeremy Hunt said the financial services reforms he announced on Friday would not lead to a repeat of the regulatory errors that contributed to the 2008…
Russia might raise taxes in high-margin resource sectors -Finance Minister
(Reuters) – Russia’s finance ministry will analyse whether there is potential to increase taxes in resource sectors of the economy where there are high margins, Deputy Finance Minister Alexei Sazanov said on…
Britain reforms finance to exploit Brexit and ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock investment and…
Ghana hoping for IMF agreement by next week: finance ministry official
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – Ghana’s economic recovery efforts could be delayed and complicated if a visiting team from the International Monetary Fund (IMF) leaves without a staff-level…
China’s economy will keep growing at reasonable speed: finance minister
BEIJING (Reuters) – China’s economy will keep growing at a reasonable speed with stable employment and prices, finance minister Liu Kun said in a speech at the ASEAN plus Three Economic Cooperation…
Colombia could be open to buying Venezuela’s Monomeros -Finance Minister
BOGOTA (Reuters) – Colombia could be open to buying Venezuelan fertilizer maker Monomeros, Finance Minister Jose Antonio Ocampo said on Wednesday, at a time when higher fertilizer prices have contributed to inflationary…
Thai economy may miss forecast next year as global growth slows -Finance Minister
BANGKOK (Reuters) – Thailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the finance minister…
German finance minister expects higher debt burden but no tax rises
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to climb to around 70% after the energy crisis but said the government…
BOJ to conduct annual survey on climate finance to nurture ESG market
By Leika Kihara TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, seeking ways…
German budget for 2024 will be more challenging than for 2023 – Finance Minister
BERLIN (Reuters) – Germany’s budget margins will get tighter in the next couple of years, Finance Minister Christian Lindner said on Friday. “The 2024 budget will be incomparably more challenging than the…
German Finance Minister: need stability and growth for sustainable public finances
PARIS (Reuters) – Economic stability and growth are both crucial for delivering sustainable public finances, German Finance Minister Christian Lindner told a news conference ahead of talks with his French counterpart on…
Ghana at high risk of debt distress, finance minister says
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will freeze the hiring of public and civil servants and extend a moratorium on government car purchases and non-essential travel in order…
Indonesian household spending seen stable, investment to rise in Q4 – Finance Minister
JAKARTA (Reuters) – Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday. For the whole of 2022,…
New Zealand well-placed to weather tough 2023 – finance minister
By Lewis Jackson SYDNEY (Reuters) -New Zealand Finance Minister Grant Robertson said the world economy faced a “year of reckoning” in 2023 but the small island nation is well-placed to fend off…
State Senator Brian Kelsey Pleads Guilty To Campaign Finance Charges
NASHVILLE – Tennessee State Senator Brian Kelsey pleaded guilty today to violating campaign finance laws and conspiring to defraud the Federal Election Commission (FEC) as part of a scheme to benefit his…
German finance minister: must talk about fiscal stimulus for 2024 budget
BERLIN (Reuters) – The German government needs to talk about fiscal measures for the 2024 budget to stimulate the economy, Finance Minister Christian Lindner said on Tuesday. “We will have to talk…
Japan finance minister calls for permanent funding sources for defense budget
TOKYO (Reuters) – Japan must secure permanent financing sources to increase defense spending by reviewing revenue and expenditure, and further reform spending in coming years, Finance Minister Shunichi Suzuki said on Tuesday.…
Japan finance minister urges swift adoption of more spending measures
By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki vowed on Monday to guide economic and fiscal policy in a “responsible” manner, as he urged lawmakers to enact a second…
Colombia finance minister opens door to international financing
BOGOTA (Reuters) – Colombia Finance Minister Jose Antonio Ocampo on Thursday opened the door to possible financing in international markets for the Andean country, if the recent trend in falling borrowing costs…
Portugal’s finance minister backs planned EU debt rule flexibility
By Sergio Goncalves and Aislinn Laing LISBON (Reuters) – Portugal’s finance minister has backed the European Commission’s proposal to change the EU’s fiscal rules to allow governments to negotiate individual debt reduction…
Analysis-Investors expand footprint in commodity trade finance as banks retreat
By Julia Payne, Pratima Desai and Peter Hobson LONDON (Reuters) – Hedge funds have stepped up financing of trade in commodities such as oil, gas, cocoa and copper as banks hit the…
Spain’s GDP growth likely to top government outlook of 4.4%, finance minister says
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Monday said “everything points out” that the country’s gross domestic product in 2022 will grow above the 4.4% rate predicted in the government’s…
Ghana president sacks junior finance minister over alleged impropriety
ACCRA (Reuters) -Ghana’s President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday after allegations of impropriety were circulated by a well-known Ghanaian…
Philippine govt to address supply bottlenecks to tame inflation – Finance Minister
MANILA (Reuters) – The Philippine government will help ensure inflation will be on target-consistent path over the medium term by addressing supply shocks and bottlenecks, Finance Secretary Benjamin Diokno said on Friday.…
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