finance minister

Finance Minister Vows Active Measures to Curb FX Market Volatility if Necessary

[Economy] :
Finance Minister Choi Sang-mok said Thursday that the government will take “active measures” in the event of excessive volatility in the foreign exchange market, as the South Korean won weakened past the psychological threshold of 14-hundred won against the U.S. dollar. The minister made the “verbal ...

[more...]




finance minister

Finance Minister Pichai sees B3tn for stimulus funds

The government has a budget of up to 3 trillion baht available for economic stimulus over the next four years, says Finance Minister Pichai Chunhavajira.




finance minister

Punjab Finance Minister bats for cooperative federalism, structural reforms




finance minister

Five things the real estate industry anticipates from the finance minister’s budget in 2024

Finance Minister Nirmala Sitharaman is scheduled to present Budget 2024 today, and the real estate industry anticipates that the government will prioritize affordable and middle-class housing in the plan. To increase affordability, it has advocated for an enlargement of the … Continue reading



  • Real Estate News
  • India's real estate
  • Indian 2024 budget
  • Indian Real Estate market

finance minister

Finance Minister: Trump’s Reelection Likely to Have ‘Considerable’ Impact on S. Korean Economy

[Economy] :
Finance Minister Choi Sang-mok said Thursday that he expects Donald Trump’s reelection to have a “considerable” impact on the South Korean economy.  The minister made the remarks Wednesday in Seoul during a meeting of ministers concerned with the economy, the morning after Donald Trump won the U.S. ...

[more...]




finance minister

Malaysia's Former Finance Minister Daim Zainuddin Dies At 86

Former Malaysian Finance Minister Daim Zainuddin, who pleaded not guilty to charges of failing to disclose assets earlier this year, died early on Wednesday, his lawyer said.




finance minister

Finance minister seeks to keep Serbia in FDI spotlight

Serbia’s minister of finance, Siniša Mali, explains why the country is one of Europe's economic stars, and how its FDI levels have risen on the back of this.




finance minister

Nigerian Govt to commence payment of pension backlog – Finance Minister Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has assured that the Federal Government will soon begin payment of the pension backlog. Edun gave this assurance on Tuesday in Abuja during a peaceful rally by the Nigeria Union of Pensioners Contributory Pension Scheme Sector, NUPCPS, at the Federal Ministry of […]

Nigerian Govt to commence payment of pension backlog – Finance Minister Edun




finance minister

223755: Finance minister on Pakistan's budget woes, Tokyo pledges, and U.S. assistance

In a September 3 meeting with the Ambassador, Finance Minister Shaukat Tarin said the GOP had included $2 billion in Tokyo Pledges in its budget but was grappling with a shortfall in actual donor assistance.




finance minister

233602: Finance minister Tarin on budgets, CSF dollar fund, and Pakistan's improving economic outlook

Tarin requested that an additional $500 million of U.S. assistance flow through the GOP - in addition to the $174 million already committed - to bolster GOP credibility and allow the GOP to more adequately support its priorities.




finance minister

Tax-News.com: EU Finance Ministers Agree Landmark VAT Rate Rule Changes

EU finance ministers have agreed an update to the rules governing value-added tax rates for goods and services.




finance minister

Malaysia's Former Finance Minister Daim Zainuddin Dies At 86

Former Malaysian Finance Minister Daim Zainuddin, who pleaded not guilty to charges of failing to disclose assets earlier this year, died early on Wednesday, his lawyer said.




finance minister

Inflation manageable; job creation, wealth distribution priority over inflation now: Finance Minister

India and the US will become the engines of global growth, says Nirmala Sitharaman




finance minister

Hungary's Finance Minister submits 2025 'peace budget' amid recession concerns




finance minister

Union Finance Minister Nirmala Sitharaman meets AIIB Board of Directors in Delhi




finance minister

Finance Minister is now final authority to grade CPSEs

Proposals for upgrade or downgrade CPSEs need no longer be referred to Cabinet Secretariat and Public Enterprises Service Board




finance minister

Finance Minister launches five Nari Shakti branches of Union Bank of India for women entrepreneurs

Union Bank of India opens Nari Shakti branches in Bengaluru, Chennai, Visakhapatnam, and Jaipur



  • Money & Banking

finance minister

GIS-based master plans being prepared for Class II towns, says A.P. Finance Minister

NDA govt. is taking steps for planned and sustainable urban development, says Finance Minister Payyavula Keshav after presenting the Budget for 2024-25




finance minister

Govt. is focused on creating conducive environment for industrial growth in Andhra Pradesh, says Finance Minister Keshav

A sum of ₹3,127 crore has been allocated to the sector in the 2024-25 Budget, he says, adding that the government has been able to rekindle interest among investors to make Andhra Pradesh their investment destination of choice




finance minister

China's finance minister says room for more economic stimulus but offers no plan

Lan's remarks left the door open for such a plan in the future but he did not divulge what is under consideration




finance minister

China’s Finance Minister Lan says there is room for more economic stimulus; but offers no plan

“There are other policy tools that are being discussed that are still in the pipeline,” Chinese Finance Minister Lan said, adding that there is “ample room” in the budget




finance minister

Tamil Nadu continues to be the second largest State economy: Finance Minister

Ahead of the Global Investors’ Meet, Finance Minister Thangam Thennarasu dismissed claims that Uttar Pradesh had overtaken Tamil Nadu as the second largest State economy. He also spoke about renewable energy and impact of floods on revenues. Excerpts from an interview with The Hindu:




finance minister

Police force will regain lost glory, says A.P. Finance Minister after announcing allocation of ₹8,945 crore to Home Department

Neglect of the police force during the last five years severely hindered their ability to respond swiftly and effectively to public needs, says Payyavula Keshav




finance minister

When the Finance Minister did Yoga

Finance Minister Nirmala Sitharaman performed yoga during a mass yoga session at the Jantar Mantar in New Delhi to celebrate the eighth edition of the International Day of Yoga, June 21, 2022.




finance minister

Finance Minister to review credit flow from PSU banks on Monday

Will discuss various issues, including credit off-take




finance minister

Mr. Angel Gurría, Secretary-General of the OECD, at G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, 17-18 July 2019

Mr. Angel Gurría, Secretary-General of the OECD, will participate in the G7 Finance Ministers and Central Bank Governors’ meeting in Chantilly, on 17-18 July 2019.




finance minister

APEC Finance Ministers welcome OECD report on disaster risk financing in the Asia Pacific region

At their meetings on 19-20 September 2013, APEC Finance Ministers welcomed a survey report prepared by the OECD on disaster risk financing practices in the Asia Pacific region.




finance minister

SAD joins farmers' protest outside Punjab finance minister's residence




finance minister

Cellphone retailers appeals to Finance Minister requesting her not to raises taxes on mobile phones

"We strongly appeal to you to not increase GST on mobiles. The increase of 6% would directly lead to hike in prices of product, impacting consumer behaviour leading to a slowdown in demand affecting business adversely,” said the letter written by AIMRA national president Arvinder Khurana.




finance minister

Saudi stocks dive after finance minister vows 'painful' measures

Saudi shares tumbled Sunday, a day after the finance minister announced "painful" measures to tackle the economic impacts of the coronavirus pandemic.




finance minister

Finance minister seeks to keep Serbia in FDI spotlight

Serbia’s minister of finance, Siniša Mali, explains why the country is one of Europe's economic stars, and how its FDI levels have risen on the back of this.




finance minister

Former Malaysia Finance Minister Tun Daim Zainuddin Re-elected to East-West Center Board of Governors

Former Malaysia Finance Minister Tun Daim Zainuddin Re-elected to East-West Center Board of Governors
FOR IMMEDIATE RELEASE
 
Media Contact:
Derek Ferrar
Media Relations Specialist
Phone: (808) 944-7204
Email: ferrard@EastWestCenter.org
 

HONOLULU (March 19) – The East-West Center’s Board of Governors has re-elected one of its members, the Hon. Tun Daim Zainuddin, to another three-year term. At a meeting on Feb. 29, the board members unanimously elected Daim to his third term on the board, which will extend until March 2011.




finance minister

Jordan capable of rebounding economically, says finance minister

(MENAFN - Jordan News Agency) Amman, May 9 (Petra) - The Minister of Finance, Dr. Mohammed Ississ, said the only way out to address the consequences o... ......




finance minister

ADB President, Bhutan Finance Minister Discuss COVID-19 Response

ADB President Masatsugu Asakawa and Bhutan Finance Minister and ADB Governor Namgay Tshering today discussed ADB’s support to the country in its fight against the novel coronavirus disease (COVID-19) pandemic.




finance minister

ADB President, Bangladesh Finance Minister Discuss Support for COVID-19 Response

ADB President Masatsugu Asakawa and Bangladesh Finance Minister and ADB Governor A H M Mustafa Kamal today discussed ADB’s support to Bangladesh in its fight against the novel coronavirus disease (COVID-19) pandemic.




finance minister

ADB President, Nepal Finance Minister Discuss Support for COVID-19 Response

ADB President Masatsugu Asakawa and Nepal Finance Minister and ADB Governor Yuba Raj Khatiwada today discussed ADB’s support to Nepal in its fight against the novel coronavirus disease (COVID-19) pandemic.




finance minister

ADB President, Bhutan Finance Minister Discuss COVID-19 Response

ADB President Masatsugu Asakawa and Bhutan Finance Minister and ADB Governor Namgay Tshering today discussed ADB’s support to the country in its fight against the novel coronavirus disease (COVID-19) pandemic.




finance minister

Canada undoubtedly in 'recessionary time,' federal finance minister says

Prime Minister Justin Trudeau described Canada’s current economic situation as a recession on Friday, and that should come as no surprise, says Finance Minister Bill Morneau, as the latest economic figures show two consecutive months of major job losses.




finance minister

APEC Finance Ministers Call for Economic Resilience and Financial Inclusion

Ministers address developments in the global economy and take action to safeguard the region’s growth.




finance minister

APEC Finance Ministers Issue Ministerial Statement

Finance Ministers from APEC member economies issued a joint statement reflecting the outcomes of the APEC Finance Ministers’ Meeting in Santiago, Chile, chaired by Chile’s Minister of Finance Felipe Larrain.




finance minister

A conversation with Somali Finance Minister Abdirahman Duale Beileh on economic adjustment in fragile African states

Fragile and conflict-affected states in Africa currently account for about one-third of those living in extreme poverty worldwide. These states struggle with tradeoffs between development and stabilization, the need for economic stimulus and debt sustainability, and global financial stewardship and transparency. Addressing fragility requires innovative approaches, the strengthening of public and private sector capacity, and…

       




finance minister

WATCH: South African Finance Minister Pravin Gordhan on the country’s challenges, potential, and resilience


At a time of decelerating regional growth in sub-Saharan Africa, South Africa—one of the continent’s leading economies—is facing the brunt of concurrent external and domestic growth shocks. During a Brookings event on April 14, 2016 moderated by Africa Growth Initiative Director Amadou Sy, South African minister of finance, the Honorable Pravin Gordhan, provided cause for encouragement, as he highlighted strategies that South Africa is implementing to reverse slowing growth trends, boost social cohesion, and springboard inclusive, sustainable development.

Throughout the event, Minister Gordhan emphasized that South Africa is refocusing its efforts on implementing homegrown policies to mitigate the effects of global and domestic shocks: “Our approach is not to keep pointing outside our borders and say, ‘That’s where the problem is.’ We've got our own challenges and difficulties, and potential and opportunities. And it's important to focus on those, and rally South Africans behind that set of initiatives so that we could go wherever we can in terms improving the situation.”

He began by explaining the major growth problems facing South Africa, including first-level structural challenges—consistent electricity supply and labor relations—as well as deeper structural challenges, for instance, reforming the oligopolistic sectors of its economy. To address these issues, he expanded on what collaborative, multi-stakeholder efforts would be necessary. Watch:

Pravin Gordhan notes the major growth challenges in South Africa

Contending with infrastructure needs—particularly energy and logistical, but also social, such as water and sanitation, health care, and educational facilities—will play a significant role in overcoming these aforementioned challenges. Minister Gordhan explained how the government aims to fill existing infrastructure gaps through innovative financing mechanisms. Watch:

Pravin Gordhan on addressing South Africa’s infrastructure gaps

Later in the event, Sy pressed Minister Gordhan on plans for implementation for the country’s ambitious goals. As an example, Minister Gordhan underlined “Operation Phakisa,” a results-driven approach to fast-track the implementation of initiatives to achieve development objectives. The government intends to use this methodology to address a number of social priorities, including unlocking the potential of South Africa’s coastlines and oceans. Watch:

Pravin Gordhan on implementation of South Africa's development objectives

Urbanization in South Africa and sub-Saharan Africa as a whole is widespread and increasing, creating a demand for governments to both maintain their infrastructure as well as harness their energy and human capacity. Cities, especially those in South Africa’s Gauteng Province (Johannesburg, Pretoria, and Ekurhuleni), will continue to be crucial engines of economic development if municipal governance systems effectively manage the region’s expected rapid urbanization in the years to come. Minister Gordhan discusses some of the lessons learned from the Gauteng city region. Watch:

Pravin Gordhan on the vital role of cities in economic development in South Africa

In sum, referring to the confluence of adverse global conditions and internal problems currently affecting South Africa, Minister Gordhan stated, “Whenever you are in the middle of a storm it looks like the worst thing possible—but storms don’t last forever.” He did not doubt the ability of the South African people to weather and emerge stronger from the storm, offering: “Ultimately South Africans are hopeful, are optimistic and resilient.”

You can watch the full event here

Video

Authors

  • Amy Copley
      
 
 




finance minister

Welcoming Czech Finance Minister Andrej Babis


Last Thursday was finance minister day at Brookings, with three separate visits from European finance ministers who were in town for the IMF meetings. Here in Governance Studies, we were delighted to have the opportunity to host Czech Finance Minister and Deputy Prime Minister Andrej Babis for a wide-ranging conversation with our scholars, including Darrell West, Bill Galston, John Hudak, and myself, as well as Bill Drozdiak of Brookings' Center on the United States and Europe and Jeff Gedmin of Georgetown University. Brookings has a long tradition of welcoming distinguished European visitors, and so contributing to the strengthening of transatlantic ties. That is particularly important now, as Europe confronts the destabilizing effects of Russia's aggression in Ukraine, the Greek debt crisis, be continuing after effects of the great recession, and multiple other challenges. We were honored to host Minister Babis and we look forward to many more visits here from leaders of our close U.S. ally, the Czech Republic.

(Photo credit: Embassy of the Czech Republic)

Authors

Image Source: © Mike Theiler / Reuters
      




finance minister

Tax-News.com: EU Finance Ministers Issue Joint Statement On Digital Taxation

The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020.




finance minister

Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax.




finance minister

Tax-News.com: Nine EU Finance Ministers Call For Green Tax On Aviation

Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax.




finance minister

Tax-News.com: EU Finance Ministers Issue Joint Statement On Digital Taxation

The finance ministers of France, Germany, Italy, and Spain have put their names to a statement calling for countries to reach an agreement on solving the tax challenges of the digital economy by the end of 2020.




finance minister

Finance Minister Arun Jaitley Diagnosed with Rare Type of Cancer

Finance Minister Arun Jaitley who left for America for medical treatment, has been diagnosed with a rare cancer type and may not be able to present this




finance minister

Secretary-General in Moscow, for the G20 Finance Ministers and Central Bank Governors meeting (14th - 16th February 2013)

The Secretary-General of the OECD will be in Moscow from 14th to 16th February 2013, to attend the G20 Finance Ministers and Central Bank Governors meeting organized under the Chairmanship of the Russian Federation.




finance minister

OECD report on bank secrecy to finance ministers at G20 Summit

A report on bank secrecy and tackling tax evasion presented by OECD Secretary-General Angel Gurría to finance ministers at the Cannes G20 summit today.