The Latest Breaking News from Finance

It has already made interventions including financial assistance

Money constraints faced by the government call for austerity in the budgeting exercise, Finance department says

South Korea's new government will streamline public organisations, the finance minister said on Friday, citing concerns about efficiency after a rapid expansion in their operations under the previous administration.

The narrowed bill will be open for amendment on virtually any topic it originally was set to address, such as climate, taxes and child care.

The economy is facing many challenges resulting from worsening global economic conditions.

Cabinet panel on resource mobilisation in consultation with experts 

Division over Russia’s war in Ukraine meant a meeting of Group of 20 finance chiefs ended without the usual communique, though there was incremental progress on issues such as food and energy security.

Host Indonesia hopes meeting can serve as forum for dialogue between Russia and Ukraine.

U.S. Treasury Secretary Janet Yellen condemned Russia's "brutal and unjust war" in Ukraine and said Russian finance officials taking part in a G20 meeting in Indonesia on Friday shared responsibility for the "horrific consequences" of the war.

Ald. Edward Burke’s brother hopes he retires. “The last election — under these very adverse circumstances, he pulled it off. He walked the streets at, what was he, 76 at the time?” said former state Rep. Dan Burke. “Do the math. Seventy-eight years old. Come on. When is enough enough?”

U.S. Treasury Secretary Janet Yellen and Japan's finance minister have agreed to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security