🌎📊What fiscal policy is needed to address the challenges of climate change in the region? This is one of the main topics in the document "𝐅𝐢𝐬𝐜𝐚𝐥 𝐏𝐚𝐧𝐨𝐫𝐚𝐦𝐚 𝐨𝐟 𝐋𝐚𝐭𝐢𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐂𝐚𝐫𝐢𝐛𝐛𝐞𝐚𝐧 𝟐𝟎𝟐𝟒" recently published by ECLAC. The publication states that mobilizing resources for the major transformations needed to energize growth and productivity in a new development model requires synergies between public spending and private financing. 📘🔽Download it! 👉 http://bit.ly/3Uyk5Pm #ECLAC #fiscalpolicy #climatechange #LatinAmerica #Caribbean #productivity #2030Agenda #SDG #GlobalGoals #taxreform #taxation
Fed policy rate to stay at 2- decay high mark ; US inflation may not drop significantly in 2024. #monetarypolicy #inflation #economics #economy #federalreserve #rbi #fiscalpolicy #investing #money #finance #investment #bitcoin #centralbanks #cryptocurrency #reporate #currency #quantitativeeasing #crypto #fed #reversereporate #centralbank #monetary #federalreservebank #monetaryeconomics #interestrates #ethereum #news #rba #cryptocurrencies #negativeinterestrates
📈 ISLAMABAD: The Federal Board of Revenue (FBR) has unveiled ambitious new taxation measures aiming to generate between Rs 1,200 billion to Rs 1,300 billion for the 2024-25 fiscal year. This is part of their strategy to meet an estimated revenue target ranging from Rs 11.6 trillion to Rs 11.7 trillion. Key proposals include additional taxes, removal of exemptions, and increased taxation on the real estate and retail sectors. The FBR has already shared this preliminary plan with the International Monetary Fund (IMF). Final figures will be confirmed soon. 🌐💰 #FBR #PakistanEconomy #Taxation #IMF #FiscalPolicy #RevenueGeneration
Webinar on Economy of China and India 17th May 2024, 04.00 PM – 05.30 PM 𝐅𝐨𝐫 𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐞 𝐨𝐟 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐨𝐧 𝐏𝐥𝐞𝐚𝐬𝐞 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐅𝐫𝐞𝐞 𝐚𝐭 https://docs.google.com/forms/d/1u6LdP8FTpxAEnxXuqz3aX5tKKjF1cJ99nNgDtg_oqiA/edit https://egrowfoundation.org/events/economy-of-china-and-india/ 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬:- 085273 41080 𝐏𝐥𝐞𝐚𝐬𝐞 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐨𝐮𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 https://www.youtube.com/@egrowfoundation 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐏𝐥𝐞𝐚𝐬𝐞 𝐅𝐨𝐥𝐥𝐨𝐰 𝐎𝐮𝐫 𝐓𝐰𝐢𝐭𝐭𝐞𝐫, 𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤, 𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦, 𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐀𝐜𝐜𝐨𝐮𝐧𝐭: https://twitter.com/egrowfoundation https://www.facebook.com/profile.php?id=100064160133749 https://www.instagram.com/egrowf/ https://www.linkedin.com/company/egrow-foundation/ 𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐖𝐡𝐚𝐭𝐬 𝐀𝐩𝐩 𝐄𝐠𝐫𝐨𝐰 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐖𝐞𝐛𝐢𝐧𝐚𝐫 𝐠𝐫𝐨𝐮𝐩: https://chat.whatsapp.com/FAZw54ktH0e4u1TOGLHPIS 𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦 𝐄𝐠𝐫𝐨𝐰 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐖𝐞𝐛𝐢𝐧𝐚𝐫 𝐠𝐫𝐨𝐮𝐩: https://t.me/+kO0fzTxIvrQ0OTQ1 #ChinaEconomy #IndiaEconomy #EconomicGrowth #TradeRelations #GlobalMarkets #BRICS #EmergingMarkets #AsianEconomies #MarketTrends #FDI #TradeWar #ManufacturingSector #ServicesIndustry #InfrastructureDevelopment #TechnologicalInnovation #InvestmentOpportunities #SustainableGrowth #ExportPowerhouses #PolicyReforms #DigitalTransformation #ConsumerMarket #SupplyChain #FinancialInclusion #JobCreation #GDPGrowth #ForeignInvestment #FiscalPolicy #MonetaryPolicy #EconomicIndicators #GlobalEconomicTrends
Prof Lekha Chakraborty (@nipfp_org_in@LevyEcon & @IIPF_org Board Member) visits Cambridge University (@Cambridge_Uni ) from July 5-8, 2024, and deliver a lecture on "Fiscal Policy, Tax, & Gender" on July 8th. #FiscalPolicy #TaxAndGender
What's your thought on inflation? Narratives are starting to change about the trajectory of interest rate. Despite optimistic forecasts from Treasurer Jim Chalmers regarding a potential return to target inflation by the end of the year, markets still anticipate a rate hike by the Reserve Bank of Australia. The government's projection of inflation slowing to 3.5% by June, down from previous estimates, is met with scepticism from investors, particularly regarding the impact of last-minute cost-of-living measures. Some economists doubt the achievability of these forecasts, questioning how such measures will affect inflation given the timing. While there's a belief that budget measures may suppress headline inflation, a minority argues they could boost core inflation, influencing the RBA's policy decisions. Futures markets have lowered the probability of a rate increase to 19%, yet still anticipate an upward adjustment in the cash rate. The federal budget's expected expansionary tone, crucial for the ASX during a pre-election period, poses challenges in balancing fiscal discipline with public demands for relief. . . . #IntelligentFinancialSolutions #MortgageBroker #DailyPost #AustralianEconomy #RBA #inflation #monetarypolicy #budgetforecast #economicoutlook #fiscalpolicy #financialmarkets #interestrates #costofliving #governmentdebt Source: https://www.afr.com/markets/debt-markets/rate-rise-still-on-the-cards-despite-chalmers-optimistic-forecasts-20240513-p5jd1b
Unlocking Growth Opportunities and Indonesia’s Fiscal Future (14/05) We invited senior leadership from 20 Singaporean companies to discuss fiscal policy, particularly in the transition to the new administration. This forum was initiated by the Finance and Customs Attaché, supported by the Trade Attaché and Investment Attaché (Indonesia Investment Promotion Center - IIPC). Febrio Nathan Kacaribu, head of the Fiscal Policy Office, focused on the 2025 budget, emphasizing fiscal discipline and sustainability. He stressed the importance of maintaining a fiscal deficit below 3% and ensuring policy continuity with the incoming administration. During the Q&A, Kacaribu addressed fiscal policy’s role in sustainability, renewable energy, and the EV industry, highlighting opportunities for policy development and incentives. Indonesia is committed to fiscal discipline and strategic spending to drive sustainable economic growth. #IIPCSG #IIPC #Singapore #Indonesia# Jakarta #IndonesiaInvestment l #FiscalPolicy
Excited about the 2024-25 Federal Budget announcement? Skip the document hunt and get a concise breakdown for small business owners from Lend Brokers! 💼💡 For a deeper dive into what the budget means for your business, check out our latest blog post. 📑 Visit: lendbrokers.com/blog Count on Lend Brokers for your financial success: 📞1300 536 327 📧 [email protected] 💻 www.lendbrokers.com.au/contact #FederalBudget #SmallBusiness #FinancialSuccess #LendBrokers #BudgetSummary #BusinessOwners #FinanceTips #EconomicUpdate #Budget2024 #BusinessFinance #FinancialSupport #BudgetBreakdown #Entrepreneurship #MoneyMatters #EconomicNews #FiscalPolicy #BudgetAnalysis #SMEs #BudgetInsights #LendingSolutions #SmallBusinessAU #FinancialManagement #BusinessSuccess #businessowners #FinancialResponsibility #smallbusinesssupport #Entrepreneurship #AustralianBusiness #SupportLocalBusinesses
🟢 The Green signal is on #Bonds #BondMarket #FixedIncome #FinancialCrisis #Economy #Investing #Finance #Trading #WealthManagement #StockMarket #InvestmentStrategy #MarketTrends #EconomicIndicators #InterestRates #PortfolioManagement #FinancialPlanning #AssetAllocation #Diversification #CapitalMarkets #FiscalPolicy #Tesla #artoftheday #typohub
Delving into the complexities of the US financial system and its impact on global markets. Understanding these dynamics is crucial for navigating today's economic landscape. Contact Us: https://mjfinancials.com/ #finance #financialsystem #economicinsights #markettrends #bankingindustry #investmentstrategies #financialeducation #economicgrowth #monetarypolicy #fiscalpolicy #financialservices #investmentbanking #wealthmanagement #financialplanning #insuranceservices #fintech #creditunions #retailbanking #financialadvisors #capitalmarkets #assetmanagement #EconomicGrowth #BankingSolutions #FinancialFreedom
💪 Is your state strengthening its budget reserves? 📊 Where does it rank in terms of population growth? 💵 And how reliant is it on federal funds? Our new and improved Fiscal 50 interactive tool has the answers. People have trusted Fiscal 50's charts, maps, and state rankings for years to shed light on key policy issues. Now, you can access: 📄 State pages with national and regional context. 🔎 Analysis of what it all means. 📱 Shareable and downloadable data. Check out Fiscal 50 through the link in our bio. #PublicPolicy #FiscalPolicy #FiscalHealth #StateGovt #PewTrusts
Curious about how Lagos State is managing its budget and increasing its IGR? Catch The Tax Talk TV on @waptvchannel today at 11:00 A.M. (WAT), for an in-depth conversation with the Lagos State Commissioner for Economic Planning and Budget, Mr. Ope George. Join us every week on these platforms: Tvcnewsng @ 3.30 p.m. (Mondays) Waptvchannel @ 11:00 a.m. (Tuesdays) Channels Television @ 12:30 p.m. (Wednesdays) LAGOS TELEVISION @ 1:30 p.m. (Thursdays) Stay connected with the LIRS on social media for further updates and enquiries: Website: @www.lirs.gov.ng https://www.etax.lirs.net Twitter: @lirs_govng Instagram: @lirsgovng YouTube: @lirsgovng Facebook: Lagos State Internal Revenue Service - LIRS 0700-CALL-LIRS (0700 2255 5477) #TaxTalkTV #2024BudgetPerformance #IGRStrategies #EconomicPlanning #BudgetAnalysis #LagosState #FinancialInsights #RevenueGeneration #BudgetReview #FiscalPolicy #EconomicDevelopment #Budgeting #Taxation #GovernmentFinance #PolicyDiscussion
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Grateful for the opportunity to attend the close-out retreat and induction ceremony as an Assistant Research Analyst to the Student Secretariat with the Presidential Committee on Fiscal Policy and Tax Reform! held on Friday, 10th May, 2024 and Saturday, 11th May, 2024 respectively. It was an incredible experience rubbing shoulders with renowned professors and influential figures in the field of taxation. From insightful discussions to invaluable networking opportunities, this journey has deepened my understanding and passion for fiscal policy. Excited to apply these learnings to drive positive change and contribute meaningfully to the discourse on tax reform. #FiscalPolicy #TaxReform #Networking #ProfessionalDevelopment
An insightful close-out retreat with the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform @taiwoyedele. Grateful for the opportunity to attend and learn. 🙏 #FiscalPolicy #TaxReform #Gratitude
Unlocking the intricacies of the US financial system. MJ Financial Services - https://mjfinancials.com/ #finance #economicinsights #financialsystem #moneymatters #investmentopportunities #banking101 #markettrends #financialeducation #wealthmanagement #fiscalpolicy #monetarypolicy #stockmarket #economicgrowth #financialliteracy #usa
Argentina shows signs of economic stabilization with expected inflation under 10% in April, suggesting President Milei's austerity measures might be working. However, challenges remain, including a blocked bond payment that could lead to default and a tough economic outlook with rising debt costs and falling reserves. Upcoming negotiations with creditors are crucial for maintaining stability. #ArgentinaEconomy #InflationControl #EconomicStability #MileiReforms #DebtCrisis #FinancialManagement #AusterityMeasures #EconomicChallenges #DefaultRisk #BondPayments #GlobalEconomics #FiscalPolicy #MarketConfidence #InvestorWatch #CreditNegotiations #EconomicRecovery #FinancialOutlook #MonetaryPolicy #EconomicGrowth #StakeholderInterests #financebrokerage
Presidential Committee seeks tax exemption for 95% of informal sector businesses The Presidential Fiscal Policy and Tax Reforms Committee has said that it is working on a system that will provide tax relief to 95% of the informal sector of the economy in the country. Chairman of the Committee, Mr Taiwo Oyedele, stated this at the closing session of the committee on Sunday in Abuja. According to him, this would be achieved through the exemption of businesses earning N25 million a year or less from the various taxes hindering their progress over time. “So, we think that 95% of the informal sector should be legally exempted from all taxes; withholding tax, company income tax, even payee on their staff. “We’re using data to inform our decisions. Currently, if you earn N25 million a year or less, you don’t have to pay company income tax, you don’t have to worry about VAT. ‘’We think that the informal sector are people who are trying to earn a legitimate living, we should allow them to be and support them to grow to a point where they can then have the ability to pay taxes,” he said. Focus on 5% Oyedele said the new reforms being proposed would focus on the top 5% of that sector, the middle class, and the elite for taxes. He said the committee was drafting the laws to effect the necessary changes in the fiscal policy and tax reform ecosystem of the country. According to the chairman, the new laws will ensure that reviews become sustained by all governments coming in, adding that: “we don’t want this whole effort to go down the drain, after one or two years.” Click the link on our IG story to read more Follow @nairametrics for more news updates #nairametrics #taxrelief #laws #oyedele #vat #fiscalpolicy #sectors #presidentialcommittee #bolatinubu #yemicardoso #cbn
اسلام آباد: وزارت خزانہ اور آئی ایم ایف نے آئندہ وفاقی بجٹ کیلئے اہم اہداف طے کرلیے۔ آئی ایم ایف مشن اور پاکستانی حکام کے درمیان وزارت خزانہ میں تعارفی سیشن ہوا جس میں پاکستان کی طرف سے وزیرخزانہ، سیکرٹری خزانہ، چیئرمین ایف بی آر اورگورنراسٹیٹ بینک موجود تھے۔ ذرائع کا کہنا ہے کہ مذاکرات میں وزارت خزانہ اور آئی ایم ایف کے درمیان آئندہ وفاقی بجٹ کیلئے اہم اہداف طے کیے گئے جب کہ اس دوران فیصلہ کیا گیا کہ آئندہ مالی سال کے دوران حکومت اسٹیٹ بینک سے قرض نہیں لے گی۔ ذرائع کے مطابق وزارت خزانہ اور آئی ایم ایف نے بیرونی ادائیگیاں بلا تاخیر اور بروقت ادا کرنے پر اتفاق کیا ہے، یہ بھی اتفاق کیا گیا ہے کہ ایف بی آر ٹیکس ریفنڈ ادائیگیاں بروقت کرنے کا پابند ہوگا جب کہ زرمبادلہ ذخائربہتر بنانے اور ادائیگیوں کیلئے انٹرنیشنل مارکیٹ میں بانڈز جاری کیے جائیں گے، درآمدات پرپابندی نہیں ہوگی اورانٹرنیشنل ٹرانزیکشنز کیلئے بھی پابندی عائد نہیں کی جائےگی۔ ذرائع نے بتایا کہ اسٹیٹ بینک، وزارت خزانہ اور وزارت توانائی کی معلومات آئی ایم ایف کو بھیجی جائیں گی، آئی ایم ایف، ایف بی آر، شماریات بیورو اور مارکیٹ بیسڈایکسچینج ریٹ کی معلومات لےگا۔ ذرائع کا کہنا ہےکہ پاکستان اور آئی ایم ایف کے درمیان مذاکرات تقریباً دو ہفتے تک جاری رہیں گے، پاکستان آئی ایم ایف سے 6 ارب ڈالر سے زائد کا بیل آؤٹ پیکج حاصل کرنے کیلئے پر امید ہے۔ #IslamabadUpdates #PakistanEconomy #IMFConsultation #FinanceMinistry #BudgetGoals #EconomicReforms #IMFPakistanDialogue #TreasuryDepartment #StateBank #FinancialStability #FiscalPolicy #InternationalMarkets #TaxReforms #DebtManagement #EconomicDevelopment
Telecom firms in Pakistan have agreed to block SIM cards of tax non-filers after a week of talks involving the FBR, PTA, and telecom providers. This decision, in line with Income Tax General Order No. 1, aims to tackle tax evasion and boost compliance. Initially cautious, telecom companies will gradually implement the measure, starting with 5,000 individuals. Those affected will be notified beforehand. Over 500,000 non-filers for 2023 face SIM card suspension. This underscores the government's commitment to tax compliance and revenue enhancement. #TaxCompliance #PakistanTelecom #FiscalPolicy
Olisa Agbakoba, a senior advocate of Nigeria (SAN), plans to challenge the implementation of the controversial cybersecurity levy in court, calling it unconstitutional. On May 6, the Central Bank of Nigeria (CBN) mandated financial institutions to enforce the levy, amounting to 0.5 percent on all electronic transactions, citing section 44 of the Cybercrime (Prohibition, Prevention, Etc) Amendment Act 2024. The levy, to be managed by the office of the national security adviser (ONSA), is contested by Agbakoba, who argues that it bypasses constitutional revenue channels, leading to potential misuse of funds. He asserts that such actions contribute to the federal government's financial constraints, as various ministries, departments, and agencies (MDAs) independently appropriate revenues, including the Nigerian National Petroleum Corporation (NNPC). Agbakoba emphasizes the need for adherence to constitutional fiscal procedures to ensure transparent and effective governance. #CybersecurityLevy #CBN #ConstitutionalChallenge #Nigeria #RevenueManagement #NationalSecurity #FiscalPolicy
Financial Term of the week Fiscal Policy https://p.njw.bz/50458 . . . . . . Creative by @digiswarup . . . . . #financialterm #termoftheweek #demataccount #bse #nse #ipo #fiscalpolicy #economy #spending #government #finance #investing #investment #investors #invest #financialplanning
The looming $600 billion wall of debt presents a formidable challenge to global financial stability, with potential repercussions across economies worldwide. #DebtCrisis #GlobalEconomy #FiscalPolicy #FinancialStability 🔗 Link in Stories and Bio
آئی ایم ایف نے ڈومور کا مطالبہ کرتے ہوئے پاکستان کو اربوں روپے کی ٹیکس چھوٹ بتدریج ختم کرنے کی ہدایت کر دی ہے، بجٹ 25-2024 کی تیاریاں جاری ہیں، وزارت خزانہ نے آئندہ بجٹ میں سیلز ٹیکس اور انکم ٹیکس کی رعایتیں اور چھوٹ مرحلہ وار ختم کرنے کی تجویز پیش کر دی۔ ایف بی آر کے ذرائع کے مطابق آئندہ بجٹ میں امپورٹڈ ٹریکٹرز پر ٹیکس عائد کرنے کی تجویز ہے جبکہ کمرشل امپورٹرز پر ودہولڈنگ ٹیکس لگانےچپر غور کیا جاچرہا ہے اور کمرشل امپورٹرز پر 1 فیصد ٹیکس لگانے سےچسالانہ 25 ارب روپے تک ریونیو متوقع ہے، بجٹ میں ٹریکٹرز، کیڑے مار ادویات پر ٹیکس چھوٹ ختم کیے جانے کا امکان ہے۔ ٹیکس چھوٹ ختم ہونے سے آئندہ مالی سال میں 30 ارب روپے کا ٹیکس ریونیو متوقع ہے، ٹریکٹرز اور کیڑے مارادویات پر ٹیکس استثنیٰ کے خاتمے سے زرعی لاگت مزید بڑھ جائے گی، علاوہ ازیں آئندہ بجٹ میں بجلی اور گیس کے بلوں میں دی جانے والی سبسڈی کو بھی ختم کیا جا رہا ہے۔ #TaxReforms #BudgetPreparation #FiscalPolicy #TaxRelief #EconomicPolicy #RevenueGeneration #ImportTax #SalesTax #IncomeTax #TaxationPolicy #AgriculturalSector #FinancialPlanning #GovernmentBudget #SubsidyReform #EconomicDevelopment #FinancialManagement #TaxationSystem #RevenueForecast #BudgetaryMeasures #FiscalManagement #IMF #tbt #TheBlueTruth
IMF advises Pakistan to consider taxing civilian and military pensioners as talks for financial aid gain momentum. Could this decision shape Pakistan's economic future? Dive into the details! . . . . . . . . . . . . . . . . . . . . . . . . . . . . #PakistanEconomy #IMF #FinancialAid #Taxation #Pensioners #Negotiations #EconomicFuture #PakistanNews #FiscalPolicy #FinancialStrategy #PakistaniGovernment #IMFRecommendations #TaxReforms #EconomicDevelopment #FinancialSupport #BailoutTalks #IMFPakistan #FinancialNews #PakistaniFinance #IMFAdvice
🌏💸 Spirited Away: A Global Look at Liquor Taxes! From August 1, 2023, Australia leads with the highest excise per liter of alcohol, towering over other nations like the US and Canada. Swipe to see how these costs have escalated over time and what future forecasts might hold. 📈🍾 #Economy #GlobalEconomy #Finance #Taxation #WorldNews #DataVisualization #Statistics #Infographics #EconomicPolicy #GlobalIssues #TaxReform #EconomicData #PublicPolicy #GovernmentPolicy #FiscalPolicy #EconomicTrends #EconomicsResearch #PolicyAnalysis #AlcoholIndustry #FinancialEducation #SpiritsTax #AlcoholExcise #AustralianEconomy #TaxComparison #AlcoholTaxation #ExciseTax #TaxImpact #PolicyChange #GlobalTaxation #ExciseDuty
In the scales of finance, every change weighs in. Canada’s tax proposal could tip the scales for farm corporations. How will it balance out for your business? 🏛️💼 #TaxStrategy #FairTaxation #CanadianFarms #FinancialJustice #BusinessDecisions #EconomicGrowth #GovernmentFunds #AgriculturalInnovation #CorporateResponsibility #FiscalPolicy
The federal government is considering introducing a sales tax on tractors and pesticides in the upcoming 2024-25 budget. Currently, these items enjoy exemptions under the Sixth Schedule of the Sales Tax Act. Pesticides and their active ingredients registered with the Department of Plant Protection are exempt from sales tax, while tractors, including electric prime movers for semi-trailers, are zero-rated. However, proposals are being discussed to remove these exemptions and apply a reduced sales tax rate instead. These measures, part of the Federal Board of Revenue’s (FBR) budget proposals, are influenced by recommendations from the International Monetary Fund (IMF). If approved by Parliament, the FBR estimates generating an additional Rs30 billion in tax revenue. While these proposals aim to boost revenue, they may pose challenges for farmers. The removal of exemptions could lead to increased costs for tractors and pesticides, potentially burdening farmers financially. As discussions continue, stakeholders will closely monitor the impact of these proposed changes on the agricultural sector and overall economy. #SalesTax #Budget2024 #Agriculture #FiscalPolicy #IMFRecommendations
The federal government has announced plans to secure around $23 billion in external financing to meet monetary requirements for the fiscal year 2024-25. Part of this strategy involves rolling over approximately $12 billion in debts from friendly countries, including $5 billion from Saudi Arabia, $3 billion from the UAE, and $4 billion from China. Additional financing from China, along with new loans from the International Monetary Fund (IMF), World Bank, and Asian Development Bank, will contribute to the estimated budget. The government aims to achieve budget targets before the anticipated arrival of the IMF review mission in Pakistan, with negotiations for a new loan program expected to begin in mid-May. Sources within the finance ministry revealed that ministries have been directed to meet important targets before negotiations on the new loan program commence. The government plans to have the budget strategy paper approved by the federal cabinet ahead of the IMF review mission's arrival. The finance ministry is preparing the budget, setting targets for debt repayment, defense spending, tax collections, and development and ongoing budget goals. #EconomicPlanning #ExternalFinancing #BudgetPreparation #DebtManagement #FiscalPolicy #SaudiArabia #UAE #China #IMF #WorldBank #AsianDevelopmentBank #FinanceMinistry #MonetaryRequirements #DebtRollover #IMFReview #gensaid #gensaidentertainment #gensaidurdu #gensaidsports
UK Treasury Collects £52.5 Billion from Environmental Taxes in 2023 According to the latest Office for National Statistics (ONS) data, the UK's environmental and climate-related taxes have rebounded to pre-pandemic levels, generating a substantial £52.5 billion in 2023, a nearly 5% increase from the previous year. https://www.sustainabletimes.co.uk/post/uk-treasury-collects-52-5-billion-from-environmental-taxes-in-2023?utm_source=instagram&utm_medium=social&utm_content=ap_hvbywg3dnu #Policy #Taxation #Treasury #OfficeforNationalStatistics #tax #UKPolicy #TaxCollection #TreasuryUK #ONSdata #EnvironmentalTax #ClimateTax #GreenTax #FiscalPolicy #UKGovernment #TaxRevenue
Another interesting find. This is probably one of the best Ted Talks I’ve ever listened to. Scott states it perfectly the crisis that young people are facing today. Link in bio for the full video. Credit to TED and Scott Galloway. #personalfinance #governmentregulation #fiscalpolicy
Finance Minister Barshman Pun addressed private sector concerns in today’s Pre-Budget discussion organized by the Society of Economic Journalists Nepal (SEJON), emphasizing plans to simplify procedures, improve policy frameworks, and enhance the business environment. Recent legal amendments aim to facilitate investment, made in collaboration with the private sector. The government prioritizes creating a conducive environment for businesses and coherence between fiscal and monetary policies. Increasing capital expenditure is a budget priority to stimulate economic growth, with recognition of both public and private sector roles. Past achievements include consistent growth, but sustained growth is needed for stability. Finance Minister Pun is optimistic about double-digit economic growth, emphasizing the importance of investment. The government reassures support for the private sector and commitment to fostering economic growth through collaboration.
President Bolu Ahmed Tinubu’s tax panel proposes the removal of VAT on food, education, and healthcare. Based on the recent cybersecurity tax levy placed on Nigerians. On Wednesday, May 8, 2024, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, via his X handle mentioned that his committee will be proposing…. . . . . Click the link in our bio to know how to leverage the tax removal process #tax #vat #businessnews #fiscalpolicy
"Stay informed, stay compliant: The latest directives from the Ministry of Finance guide us through the tax landscape. 📊💼 #jainprekshaandco #Taxation #Compliance #FinanceMinistry #TaxCompliance #IncomeTax #FinanceGuidelines #Regulations #FiscalResponsibility #TaxGuidance #GovernmentDirectives #FinancialRegulations #TransparentFinance #FiscalPolicy #followformore #followformoreupdates
The Federal Government is contemplating a hike in the Value Added Tax (VAT) rate, sparking outrage among Nigerians amidst economic hardships. Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, suggests revising the VAT revenue-sharing formula. Nigerians lash out at the government, citing ongoing economic hardship #VATRate #FiscalPolicy #TaxReform
The #Kingdom reported total #revenues of SR293.43 billion in the same #quarter, while public spending came to SR305.82 billion, according to the ministry’s quarterly #budget performance report. 𝗥𝗲𝗮𝗱 𝗠𝗼𝗿𝗲 & 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱: https://insightss.co/saudi-arabia-posts-budget-deficit-3-3bn/ 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗣𝗿𝗼𝗽𝗼𝘀𝗮𝗹 𝗼𝗿 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀, 𝗳𝗼𝗿 𝗮 𝗳𝗿𝗲𝗲 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻 𝗼𝗻 𝗮𝗻𝘆 𝗮𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗲𝗺𝗮𝗶𝗹 𝗯𝗲𝗹𝗼𝘄: [email protected] #insightsksa #SaudiArabia #BudgetDeficit #EconomicUpdate #Finance #MiddleEastEconomy #FiscalPolicy #EconomicGrowth #GovernmentSpending #FinancialAnalysis
Monetary Policy and Money Markets: The Bank of Canada (BoC) has maintained the target policy rate at 5% since the Fall of 2023 and the next interest rate announcement is less than a month away. Canada’s current yield curve is screaming a lower policy rate for the second half of this year. At the beginning of the year, we saw the Bank of Canada enter into overnight repo operations due to some liquidity issues that were pushing repo rates higher up during late 2023 and early 2024. Nonetheless, we have not seen any interventions in repo markets ever since. As per overnight reverse repos, those have come to a complete stall since October 2023, when the repo market started drying up and rates were beginning to push higher up. In short, since the Fall of 2023, the BoC reversed course on overnight operations to maintain the target policy rate at 5%. Fiscal Policy: Canada’s government debt management strategy was released last month, showing an overall increase in issuances across the curve, but we now see that the government is increasing its share of long-term debt—namely, a 27% and 14% increase in the issuance of 10Y notes and 30Y bonds, respectively. Coupon issuance indicates that the Department of Finance is taking advantage of current low term premia, but it will be interesting to see how much liquidity they’re actually able to find at the back end of the curve. Much like with the U.S., these fiscal conditions seem to be extremely bearish for long-term bonds in Canada. #interestrates #canada #fiscalpolicy #monetarypolicy #trudeau #Freeland #tiffmacklem
Lebanon’s economic future depends on a strong fiscal policy. We need a fairer, more sustainable system that supports businesses and social justice in the digital age. You can view the Economic Roadmap’s fiscal policy proposals and share your own ideas with the link in bio. #Lebanon #EconomicRoadmap #FiscalPolicy
Bank Customers to Start Paying 0.5% Cybersecurity Levy on Electronic Transfers Within Two Weeks In two weeks time, a new levy will be applied to each transaction. This levy is aimed at bolstering security measures to protect your online transactions and safeguard your financial information. It's crucial to stay informed and prepared for this upcoming adjustment. Make sure to factor in this levy when planning your finances and transactions. Stay tuned for more updates and information as we approach the implementation date. #CBN #fiscalpolicy #nigeria #gold
Pakistan’s fiscal policy, a crucial component of macroeconomic policy, is directly controlled by the government. It operates through changes in government spending, taxes, levies, and borrowing. Read more https://thevoice.pk/can-budget-2025-save-pakistan-from-economic-ruin/ #Pakistaneconomy #GDP #economicgrowth #IMF #Budget #finance #taxes #fiscalpolicy #import #export
Oklahoma leaders not on the same page with income tax cuts Oklahoma legislative leaders indicated they are still at odds over whether to enact income tax cuts during a budget meeting on Monday. The House of Representatives passed House Bill 2950 earlier this year. The bill would eliminate income taxes for the first $13,350 for single filers and $27,100 for those filing jointly. The remaining income would be subject to a 4.75% flat tax rate beginning in 2025, which would decrease by 0.25% every year the state has $400 million in revenue growth. #Oklahoma #taxcuts #income #budget #legislation #HouseofRepresentatives #Senate #revenue #government #GovernorStitt #fiscalpolicy #spendingplan #okc
It was insightful to have participated in the Presidential Fiscal Policy and Tax Reforms Committee’s exposure session! Participating in these conversations is especially critical for the work I’m doing at the Joint National Association of Persons with Disabilities (@disabilityinclusionng) as the Disability Advisor to equip young people with disabilities to be competitive in the global market. During our discussion, I emphasised the crucial role of ensuring these reforms are accessible and inclusive for persons with disabilities who are running businesses. It is important to know these reforms so that citizens with disabilities who run their own business can position themselves to benefit from these reforms. We can’t leave anyone behind in economic progress! Huge thanks to @taiwoyedele and the entire @fiscalreformsng Team. #disabilityinclusion #fiscalpolicy #taxreform #jonapwd #
PTA, the regulatory authority overseeing telecommunications in Pakistan, has firmly rejected a request from the Federal Board of Revenue (FBR) to implement measures targeting non-tax filers. In a recent development, the FBR, aiming to enforce tax compliance, sought cooperation from PTA to block mobile SIM cards of individuals who are not registered taxpayers. However, PTA has taken a stance against this proposal, citing legal and procedural concerns. . . . . . . . . #initiatemagazine #initiate #initiators #PTArejectsFBR #TaxCompliance #TelecomRegulation #FiscalPolicy #TaxationDebate #PrivacyRights #RevenueCollection #TaxEnforcement #PakistanTelecom #FBRProposal #TaxPolicy #PTA #fbr #ptavsfbr #telecommunication #telecommunications #PTAvsFBR #TaxationDebate #TelecomAuthority #FiscalPolicy #TaxCompliance #GovernmentRegulation #RevenueGeneration #CivilRights #PrivacyConcerns #TaxReform
Prof. Lekha Chakraborty ( @nipfp_org_in @LevyEcon & @IIPF_org Board Member) visits Cambridge University @Cambridge_Uni July 5-8, 2024! She'll deliver a lecture on "Fiscal Policy, Tax, & Gender" on July 8th. #FiscalPolicy #TaxAndGender #CambridgeUniversity #Economics
#WarrenBuffett has spoken: #Taxes are going up. Here's what it means for your wallet. #weekly #market #economy #deficit #fiscalpolicy #newsfeed #Analysis #AstraMontis
🗽In November 2024, the United States will witness a presidential election that has captured the attention of the world. This pivotal election has the potential to redefine economic landscapes. The differing policy directions of the two candidates will have significant implications for the American economy and individual finances. 💵Taxation is a top concern for Americans, especially with the impending expiration of the Tax Cuts and Jobs Act (TCJA) by 2025. Biden seeks to repeal TCJA's tax cuts for the wealthy, aiming to reduce deficits and reinstate higher marginal tax rates. In contrast, Trump promises tax cuts, favoring high-income earners and corporations. The election's outcome will determine TCJA's fate, with Republican victory potentially spurring growth but widening deficits, and Democratic success possibly leading to tax hikes for the wealthy, with positive effects on inflation and government borrowing. 🚙 Another notable policy divergence lies in the realm of green energy tax credits. Biden has signed laws promoting green energy, including allowing American electric car buyers to receive up to $7,500 in tax credits. In contrast, Trump has indicated he would cease policies promoting them. 💊Expectations of Fed rate cuts in 2024 drove a surge in the stock market at the end of 2023, with the S&P 500 hitting new highs. Policy clarity could affect volatile sectors such as healthcare, defense, and energy regulation.Heightened conflict between the two parties before the election could lead to legislative gridlock, ultimately restraining long-term economic growth. 👁️🗨️Which direction will the trajectory of the U.S. national economy take? The world watches with anticipation. #USPolitics #Election2024 #TaxPolicy #GreenEnergy #EconomicOutlook #TaxReform #FiscalPolicy #EnergyRegulation #FedRate #PresidentialElection
“Should the Illinois Constitution be amended to create an additional 3% tax on income greater than $1,000,000 for the purpose of dedicating funds raised to property tax relief?” That’s the wording of a new advisory referendum that will be on the November ballot. The referendum question is just one part of a contentious bill that changed several election laws and was rapidly passed by a supermajority of Democrats this week. While the referendum might end up being nothing more than a political distraction, it could also be that lawmakers are gauging Illinoisans’ appetite for another bite at a progressive income tax hike – this time with lower property taxes as a sweetener. The problem with a tax swap like the one proposed is it would do nothing to lower Illinoisans’ overall tax burden, already the nation’s 7th-highest. Expect Illinoisans to continue to leave, and for the wealthy to leave even faster if they eventually become a target of such a law. In the end, the proposal totally ignores the cost drivers that continuously push Illinois taxes higher, which is the real problem that ultimately needs fixing. Link in bio. #PropertyTax #IncomeTax #TaxRelief #ProgressiveTax #IllinoisPolitics #IllinoisTax #Taxation #FiscalPolicy #TaxReform #EconomicPolicy #IllinoisEconomy #BudgetaryConcerns #TaxationDebate #PolicyAnalysis #FinanceNews #baitandswitch #Wirepoints @govpritzker
Last week, the Federal Reserve decided to maintain the Fed Funds Target rate at 5.25 – 5.50%. Market expectations on the Fed’s policy rate have been extremely volatile; however, according to Fed Funds futures contracts and implied rates derived from the yield curve, the market expects a steady policy for the remainder of this quarter—and cuts as we close out 2024. Last week, the Treasury’s quarterly refunding statement was released, which remained mostly unchanged with a few increases in auction sizes at the back end of the curve—namely, a $3B increase in the 10Y, 20Y, and 30Y auctions. Theoretically speaking, increases in coupons are generally seen as bearish for asset prices because investors must make risk adjustments on duration as the market absorbs all those bonds. However, the Treasury has made it clear that they will support the market by getting rid of some old and illiquid Treasuries through their buyback program. The buyback program has been a plan for a while now because of the ever-diminishing demand for long-term Treasuries that has forced many dealers to take on increasing portions of the latest long-term auctions. Needless to say, the back end of the curve has been struggling for a while now. As per the short end of the curve, we will continue to see an increase in bill issuances as we approach June, at which point there will be a temporary reduction due to corporate tax filings. The Treasury is starting to flirt with that 20% ceiling that they have on bills (in other words, of the total U.S. debt outstanding, T-Bills currently make up about 20% of it—a number we haven’t seen since 2020). Although issuing bills during a time when you are struggling to get bids at the back end of the curve seems like a no-brainer, flirting with this limit is dangerous because you expose your tax base to refinancing risks. What’s more, as I just stated, issuing a lot of T-Bills is a telltale sign of a struggle to find buyers of long-term debt. In short, the Treasury is currently showing investors that nobody is willing to commit to them long-term…not the best look for the currency. #thefed #treasury #powell #yellen #usd #credit #fiscalpolicy #monetarypolicy
🚀 Students and teachers diving into global economics! 🌎 In our In-House Model UN, we're discussing fiscal policy and debating the best ways to balance budgets and drive economic growth. It's a lesson in teamwork, diplomacy, and real-world problem-solving. Can't wait to see their creative solutions! #K12schools #Leadership #Studentgrowth #ModelUN #FutureLeaders #FiscalPolicy
🟢 The Green signal is on. #bonds #bondmarket #FixedIncome #FinancialCrisis #Economy #Investing #Finance #Trading #WealthManagement #StockMarket #InvestmentStrategy #MarketTrends #EconomicIndicators #InterestRates #PortfolioManagement #FinancialPlanning #AssetAllocation #Diversification #CapitalMarkets #FiscalPolicy #Tesla #artoftheday #typohub
Inflation is currently a hot topic right now everywhere you look… when you look at some of the data it’s kind of mind blowing! Like when I saw this post by @officialxaviermiller - regardless of what party or president is in office the reality of the matter is the cost of everything will continue to go up in price over time! #inflation #costs #recession #boom #booming #realestate #housing #housingcosts #dollar #currency #historical #economics #economy #monetarypolicy #fiscalpolicy
Monetary Policy: The Invisible Hand Guiding Economic Growth . . . . . . . . . . . Content by: Kirti Pimpalgaonkar Designed by: Aditya Singh #FinologyQuest #DumpYourFears #FinanceWitgFinology #monetarypolicy #economy #government #indiangovernment #money #growth #funding #inflation #economics #economy #federalreserve #rbi #fiscalpolicy #investing #money #finance #investment #bitcoin #centralbanks #cryptocurrency
You want sun?!!!! Here’s sun 🌞 and sharply priced @$749,000 at Apartment 305, four floors up in the Skhy precinct @38 Khyber Pass Road, Grafton. Bodycorp fees and rates approximately $6,000. Just insure your contents as the building insurance is included in your fee. Fix your interest for say just 6 months and next year , it’s probably not November, re fix at a lower interest rate. Importantly buy at 2024 winter prices! You’re on the property ladder bathing in ☀️ sunshine ! #fiscalpolicy #skhy #uptown #medicalschool #aucklanduniversity #onthepropertyladder
An important read for #pakistanaffairs And #currentaffairs for #Css2025 #cssaspirants #csspakistanaffairs #csscurrentaffairs #csspreparation #EconomicAnalysis #Pakistan #NFCaward #federalism #fiscalpolicy #taxation #economics #publicfinance #debt #budget #development #governance #provinces #IMF #financialresources #expenditure
It’s time that we “bid adieu to the Pompidou.” Senate Republicans have long criticized Governor Murphy’s $58 million plan to bring the Centre Pompidou French Arts Museum to #JerseyCity. As Senator Michael Testa (R-1) stated, all of the money allocated for this project should be redirected to restore school funding or given back to the taxpayers.
🚨 Breaking News: Japan invests heavily to strengthen the Yen! 🇯🇵💸 Over just four days, the Japanese government has deployed a staggering $60 billion to enhance the value of the yen. Is this massive financial maneuver proving effective? Stay tuned for more updates! 💹🔄 #Japan #Yen #CurrencyWar #EconomicStability #FinanceNews #GlobalEconomy #ForexTrading #USDJPY #MarketTrends #FinancialStrategy #CurrencyBoost #Investment #EconomicNews #TradeIndia #CurrencyManipulation #FiscalPolicy #EconomicGrowth #FinancialMarkets #CentralBank #MonetaryPolicy
These are some of the Tax Laws in Nigeria, other tax laws are Value Added Tax Act, Petroleum Profit Tax Act, Stamp Duties, etc. #TaxLaws #NigeriaTax #VATAct #PetroleumTax #StampDutiesTaxationInNigeria #LegalInNigeria #FinancialRegulations #FiscalPolicy #NigeriaBusiness
In 2009, to counter the negative effects of the global financial crisis, the Singapore government 🇸🇬 unveiled a record high fiscal 'Resilience Package' worth $20.5 billion. 💰 . In fiscal year 2020, due to the effects of the Covid-19 pandemic, the Singapore government announced a new 'Resilience Package' worth a staggering $48 billion💰💰, together with 4 other stimulus packages released in that year, amounting to a total of close to $100 billion. It was a new record high, and close to five times the amount spent in 2009! . #fiscalpolicy #fiscalbudget #fiscal #recession #globalrecession #singaporerecession #covid #covid19 #covid_19 #aleveleconomics #igcseeconomics #ibeconomics #economicstuition #economicstutor #econstuition #ibecons #jcecons #alevelecon #alevelecons #jceconomics #econstutor #firstclasseconomics #firstclassecons #macroeconomics #macroeconomy
In the first 10 months of the current fiscal year, the Pakistani government has taken a staggering PKR 57.36 trillion in loans, a record high under the burden of soaring interest rates. With interest payments nearly matching the borrowed amount, the financial strain is palpable. Interest alone has consumed 76% of revenue collections, reflecting a precarious fiscal balance. Despite high inflation fears, the State Bank of Pakistan has been unable to lower interest rates, forcing the government into a cycle of borrowing just to make ends meet. As of April, the government expects nearly PKR 73 trillion in expenses for debt and interest payments for the fiscal year 2024, accounting for over 50% of the total budget. This mounting debt crisis underscores the urgent need for sustainable fiscal strategies. #PakistanEconomy #DebtCrisis #FiscalPolicy #InterestRates #EconomicChallenges #statebankofpakistan
Fiscal Policy: How Governments use taxes and spending to shape economies and promote growth 💰📊 Did you understand this concept with Raju ki Mummy?👩👧👧 . . . . . . . . . . . Content by: Kirti Pimalgaonkar Designed by: Dev Vishwkarma #FinologyQuest #FinanceWithFinology #DumpYourFears #fiscalpolicy #government #economy #economystrategy #3idiots #amirkhan #ranchordaschanchad #finance
Actions speak louder than words. 📉 President Donald J. Trump put money back into the pockets of hardworking Americans with a $2,000 tax cut. 💸 Meanwhile, Joe Biden’s policies have resulted in an inflation bill of over $11,400+ for the average household. 📈 Let’s hold our leaders accountable and demand policies that benefit the American people. 🇺🇸 #TaxCut #Inflation #EconomicPolicy #DonaldTrump #JoeBiden #TaxReform #MiddleClass #HardworkingAmericans #FinancialImpact #PolicyMatters #GovernmentSpending #FiscalResponsibility #HouseholdFinances #PresidentialPolicies #EconomicImpact #Budgeting #AmericanEconomy #TaxRelief #VoteSmart #EconomicGrowth #AmericanDream #Taxation #InflationaryPressures #BudgetManagement #Bidenomics #TaxPolicy #FiscalPolicy #StimulusCheck #BudgetPlanning #FinancialStability
Stay tuned.. #IMF #Macroeconomics #EconomicPolicy #GlobalFinance #MonetaryPolicy #FinancialStability #FiscalPolicy #EconomicGrowth #TradeBalance #InflationRate #ExchangeRates #IMFReports #EconomicOutlook #EconomicIndicators #EconomicDevelopment #IMFAnalysis #MacroeconomicTrends #EconomicForecast #IMFPrograms #EconomicRecovery #IMFAssistance #EconomicData #MacroeconomicAnalysis