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The Latest Breaking News from Finance

The prime minister will focus on his domestic agenda once he returns home from Tokyo but his ministry has already started work to fulfil key election promises.

AAP

Derek Mackay to be contacted in probe over botched ferries contracts

SHAMED former Finance Secretary Derek Mackay is among those who will be contacted as part of a probe into the debacle around the construction of two…

The National (Scotland)

A.P. Finance Minister on study tour to Germany

VIJAYAWADA

The Hindu

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State’s tightrope walk in terms of finances continues as Centre yet to give nod for OMBs

Govt addressed two letters to Finance Ministry seeking early permission, say officials

The Hindu

‘Good progress’ being made on outstanding ferry issues – Forbes

Finance Secretary faced calls to put her job on the line if the Glen Sannox was not delivered by this time next year

Insider UK

Cryptos can lead to dollarisation of economy: RBI officials to parliamentary panel

NEW DELHI: Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India's sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources.

The Times of India

Govt. freezes order to place pension burden on universities

Move follows talks between Finance Minister and Higher Education Minister

The Hindu

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Economic recovery hampered by lagging tourism - Arkhom

Thailand's economic recovery is being supported by stronger exports, but the pace will be affected by only a gradual recovery in the number of foreign tourists, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Bangkok Post

TS clarifies to Finance Ministry on queries on OMBs

Finance Special Chief Secretary Ramakrishna Rao objects to queries raised by the Centre

The Hindu

Jan Suraksha schemes bring insurance, pension within reach of common man: FM Nirmala Sitharaman

“The number of people who have enrolled and benefitted from the above schemes over the last seven years is a testimony to their success,” Finance Minister Nirmala Sitharaman said

The Hindu

Arkhom pushes digital to hit revenue goal

Finance Minister Arkhom Termpittayapaisith is confident the government will meet its revenue target of 2.4 trillion baht in fiscal 2022.

Bangkok Post

Interest rate hike wasn’t surprising, timing was: Finance Minister Sitharaman

The Finance Minister asserted that the rising cost of funds will not impact the government’s planned infrastructure investments

The Hindu

Govt accepts Japan loan of B13.2bn

Finance Minister Arkhom Termpittayapaisith has signed a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency to bolster the nation's Covid-19 emergency response.

Bangkok Post

German govt in talks on asset disclosure for sanctioned persons - minister

German Finance Minister Christian Lindner said the government is looking into whether sanctioned persons could be legally obligated to disclose what assets they have in Germany.

Reuters

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ABC News

Federal election: Scott Morrison defends rate rise as proof of economic recovery, as Labor says his credentials are 'shredded'

Shadow Treasurer Jim Chalmers is quick to criticise the federal government's economic management, saying today's interest rate rise will negatively impact millions of Australians.

The Hindu

Govt. issues revised guidelines and conditions for empanelment of banks for govt. banking transactions

Banks should have minimum net worth of ₹1,000 crore

The Hindu

Neither fair nor feasible for State governments to further cut fuel taxes: Finance Minister

He was replying to Prime Minister’s request to select States, including T.N., to cut taxes on fuel

The Hindu

Judicial infrastructure needs may come up in CJs-CMs conference on Saturday: SC

The CJI has been vocal about his proposal to establish a ‘National Judicial Infrastructure Corporation’ to uniformly improve judicial facilities and improve access to justice

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The Hindu

‘State government keen on ensuring development across all districts’

UDHAGAMANDALAM Finance Minister P.T.R. Palanivel Thiaga Rajan said here on Sunday that the governme

Reuters

Germany must support Ukraine without endangering its own security - minister

Germany must do everything in its power to help Ukraine win the war against Russia but without endangering its own security and NATO's defence capability, Finance Minister Christian Lindner said on Saturday.

The Hindu

Nirmala Sitharaman meets heads of FedEx, Mastercard, others during US visit

The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022.

The Times of India

Sitharaman reaffirms India's commitment to fighting money laundering, terror financing; lauds FATF

WASHINGTON: Finance Minister Nirmala Sitharaman has reaffirmed India's political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system.

Irish Mirror

Taoiseach asks Ministers to see how people could be paid to host Ukrainian refugees

“I spoke to the Minister for Finance and the Minister for Social Protection to look at various options there."

The Conversation

Deals, golf with Trump, and little introspection: Joe Hockey goes to Washington and writes his memoirs

Perhaps unfairly, the image most of us have of Joe Hockey comes from his time as federal Treasurer, when he was photographed smoking a cigar with then Finance Minister Mathias Cormann in the aftermath of the 2014 budget.

The Conversation

PEFO tells us Morrison has abandoned some secret promises, but his books are in order

Before each federal election, the heads of the Commonwealth departments of treasury and finance release a report on the state of the government’s budget, together with updated economic forecasts.

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