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Polish Finance Ministry Considers Liquidating Small Payment Institutions
Businessrzeczpospolita2d ago

Polish Finance Ministry Considers Liquidating Small Payment Institutions

Poland's Ministry of Finance is considering the liquidation of small payment institutions, following an appeal from the Financial Supervision Commission. The commission believes that startups offering services like electronic wallets could be potential sources for financing gambling and supporting Russia.

Polish Finance Ministry Withdraws Controversial Tax Proposals
Financerzeczpospolita20d ago

Polish Finance Ministry Withdraws Controversial Tax Proposals

The Polish Ministry of Finance has withdrawn its most controversial proposals from a draft project, including tax increases for flat-rate taxpayers, stricter rules for company cars, limitations on housing relief, and restrictive conditions for IP Box.

Thailand Raises 2026 Growth Forecast Amid Strong Exports
WorldBangkok Post24d ago

Thailand Raises 2026 Growth Forecast Amid Strong Exports

Thailand's Finance Ministry has raised its 2026 economic growth forecast to 2.5% from 1.6%, citing stronger foreign trade, investment, consumption, and the impact of government stimulus measures, with June exports exceeding expectations.

Cyprus Finance Ministry reviews Swiss-funded projects
Worldcyprus-mail1mo ago

Cyprus Finance Ministry reviews Swiss-funded projects

The Cyprus Finance Ministry has conducted its fourth annual review of Swiss-funded projects, totaling over €26 million, under the Second Swiss Contribution 2019-2029 framework. The initiatives focus on social cohesion.

Cyprus Government Workers Plan Nationwide Strike
Worldcyprus-mail1mo ago

Cyprus Government Workers Plan Nationwide Strike

Hourly paid government employees in Cyprus are preparing for a 24-hour nationwide strike and protest march, with demonstrations expected to impact central Nicosia routes near the finance ministry and presidential palace.

West Bengal Cabinet Portfolios Announced
PoliticsTimes of Indiahindustan-timesindian-express+1ndtv2mo ago4 sources

West Bengal Cabinet Portfolios Announced

The West Bengal government has finalized its cabinet portfolios, with Chief Minister Suvendu Adhikari retaining key departments such as home, land, and power. Swapan Dasgupta has been allocated the finance ministry, and Dilip Ghosh will oversee panchayats.

Tabung Haji's Financial Recovery and Past Mismanagement Revealed
Businessmalay-mail5d ago

Tabung Haji's Financial Recovery and Past Mismanagement Revealed

The Finance Ministry reported that Tabung Haji's finances are stronger, but taxpayers still bore a RM13 billion fallout. It was also revealed in Dewan Rakyat that a RM10 billion hole in Tabung Haji's finances could have been avoided if Bank Negara Malaysia's warnings had been heeded.

Thailand Plans Tax Incentives to Attract Carmakers
BusinessBangkok Post9d ago

Thailand Plans Tax Incentives to Attract Carmakers

Thailand's Finance Ministry intends to introduce tax breaks by September to encourage foreign car manufacturers to establish production facilities in the country and boost the use of locally produced components.

Czech Finance Ministry Delays Affordable Housing Plan
Politicsaktualne-cz16d ago

Czech Finance Ministry Delays Affordable Housing Plan

The Czech Ministry of Finance is finalizing a proposal for significant changes to state mortgage support, with Finance Minister Alena Schillerová indicating potential tax adjustments, despite the plan being delayed past its original June deadline.

Oil Market News and Economic Risk Warnings
Worldbloombergexpress-tribune17d ago2 sources

Oil Market News and Economic Risk Warnings

The latest oil market news for July 31 is accompanied by warnings from the finance ministry about economic risks, despite recent gains. This suggests a cautious outlook on the global economic landscape.

Pakistan's $750M Eurobond Deal Questioned
Businessexpress-tribune1mo ago

Pakistan's $750M Eurobond Deal Questioned

A Member of National Assembly (MNA) has questioned Pakistan's $750 million Eurobond deal, alleging that the finance ministry ignored longer-term, cheaper debt offered by Citibank.

Ghana Finance Ministry Flags Unaccounted GARID and COVID Funds
Politicsmyjoyonline1mo ago

Ghana Finance Ministry Flags Unaccounted GARID and COVID Funds

Ghana's Finance Ministry has identified $4.2 million in unretired GARID funds and questioned the allocation of $65 million in flood protection cash diverted to COVID-19 expenses under the Akufo-Addo government. The ministry is also seeking clarification on a $3 million expenditure labeled as 'support'.

Ghana Government and CHAG Partner for People-Centred Healthcare
Healthmyjoyonline1mo ago

Ghana Government and CHAG Partner for People-Centred Healthcare

The Christian Health Association of Ghana (CHAG), the Ghanaian government, and partners are collaborating to develop a new strategy for people-centred healthcare. This partnership is deemed increasingly critical due to declining donor funding for health initiatives.

Bulgarian Finance Ministry Leadership Accused of Budget Scaremongering
Worlddnevnik-bg1mo ago

Bulgarian Finance Ministry Leadership Accused of Budget Scaremongering

Co-chairman of 'Yes, Bulgaria' Ivaylo Mirchev stated in an interview that in 2023, he and fellow MP Martin Dimitrov discussed with the Ministry of Finance their concerns about the budget proposed by the then-caretaker government, accusing the leadership of a history of scaring people with budget issues.

India's Enforcement Directorate to Expand Manpower by 60%
Politicshindustan-timesindian-express2mo ago2 sources

India's Enforcement Directorate to Expand Manpower by 60%

India's Finance Ministry has approved a 60% expansion of the Enforcement Directorate's manpower, significantly increasing its capacity. This move comes as the agency has seen a doubling of raids and a surge in attachments.

Parliamentary Committee Concerned Over Vacancies in PSUs
Politicshindustan-times2d ago

Parliamentary Committee Concerned Over Vacancies in PSUs

A parliamentary committee has expressed deep concern regarding the high number of vacancies in Central Public Sector Enterprises (CPSEs) and the Department of Investment and Public Asset Management (DIPAM) under the finance ministry.

Middle East Tensions Pose Risks to Inflation and Shipping
WorldDawnDaily Sabah17d ago2 sources

Middle East Tensions Pose Risks to Inflation and Shipping

Renewed tensions in the Middle East are posing downside risks to inflation and the external sector, according to the finance ministry. Despite these concerns, shipping activity in the Strait of Hormuz has reportedly rebounded.

Montenegro Finance Ministry Addresses Betting Shop Regulations
Businessvijesti-me23d ago

Montenegro Finance Ministry Addresses Betting Shop Regulations

Montenegro's Ministry of Finance, led by Novica Vuković, asserts that an amendment concerning the distance of betting shops is unnecessary, as ongoing reforms and strict enforcement of the Law on Games of Chance are already leading to a reduction in their numbers.

Costa Rica to Track Mobile Payments for Tax Compliance
Businesstico-times1mo ago

Costa Rica to Track Mobile Payments for Tax Compliance

Costa Rica's tax authority is initiating a new effort to monitor businesses and freelancers receiving payments via SINPE Móvil to ensure they report sales through electronic invoices. The Finance Ministry has launched a public consultation on the proposed measures.

Questions Raised Over GARID Project Spending in Ghana
Politicsmyjoyonline1mo ago

Questions Raised Over GARID Project Spending in Ghana

Expenditure records for Ghana's Greater Accra Resilient and Integrated Development (GARID) Project have raised questions over project spending, following the World Bank's downgrade of its implementation to 'Moderately Unsatisfactory' in May 2026.

India finalizes rules for trade pact with UK
WorldTimes of India1mo ago

India finalizes rules for trade pact with UK

India's Finance Ministry has finalized rules for determining the origin of goods eligible for benefits under the India-UK trade pact, which is set to begin on July 15 and will grant duty-free access to 99% of Indian exports.

Adrian Veștea Meets Alexandru Nazare, Discusses Finance Ministry
Politicsdigi24hotnews1mo ago2 sources

Adrian Veștea Meets Alexandru Nazare, Discusses Finance Ministry

Adrian Veștea met with Alexandru Nazare, who he referred to as the 'current and future Minister of Finance,' and shared a photo of them working together. Veștea stated that he would not promise a 180-degree change, implying continuity in financial policy.

Germany to Significantly Increase Taxes on Rolling Tobacco
Worldfaz1mo ago

Germany to Significantly Increase Taxes on Rolling Tobacco

Germany's Finance Ministry plans to substantially raise taxes on fine-cut tobacco for rolling or stuffing, making it significantly more expensive. The price increase for cigarettes, however, is expected to be more moderate than initially projected.

Malaysia Confirms Budi95 Quota Remains at 200 Litres After Glitch
Businessmalay-mailstar-malaysia2mo ago2 sources

Malaysia Confirms Budi95 Quota Remains at 200 Litres After Glitch

Malaysia's Finance Ministry has confirmed that the Budi95 quota remains at 200 litres, clarifying that a lower quota displayed earlier was due to a glitch. The late-night error has been corrected, assuring the public of the consistent fuel subsidy amount.