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The Latest Breaking News from Finance

Low Budget allocation to healthcare: Finance Secretary says it is primarily States' responsibility

Centre provides for some “cross-cutting health infrastructure”, says Finance Secretary Somanathan

The Hindu

Govt aims sustained recovery; infra spends will have multiplier effects: Finance minister

MUMBAI: Finance minister Nirmala Sitharaman on Monday said the government wants a sustained recovery and the budget proposals on infrastructure building are an attempt to create the multiplier effect to help the economy.

The Times of India

Canada's Freeland strays from G20 economic script to warn Russia on Ukraine - sources

Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday to issue an "impassioned" warning to her Russian counterparts not to invade neighboring Ukraine, two sources familiar with her remarks said.

Reuters

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Council tax rise hike from April as Glasgow becomes latest area to impose

Council tax was frozen across Scotland last year but Finance Secretary Kate Forbes gave local authorities the freedom to increase it as much as they liked for the 2022 financial year.

Daily Record

Chief exec hires internal candidate to his old job

Lucrative £122,000-a-year role as director of Finance at Renfrewshire Council landed by head of Finance at Renfrewshire Council

Daily Record

Israel plans to cut ultra-Orthodox men's seminary hours to boost work

Israeli Finance Minister Avigdor Lieberman on Tuesday offered ultra-Orthodox men an incentive to join the workforce by halving the hours spent in religious study in return for the same state stipend, although the plan was condemned by community leaders.

Reuters

'We're the government': Audit into safety grants shows Coalition skew

The Finance Minister has dismissed Labor's concerns it will use unallocated "war chest" of funds to deliver federal election promises.

The Canberra Times

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Robertson's plea for workers to come into work

Food and beverage businesses are suffering as workers choose to stay home rather than head to the office. The finance minister says the red setting isn't a lockdown.

Newsroom.co.nz

Finance secretary Kate Forbes delivered key Scottish budget speech in throes of morning sickness

In an exclusive interview with the Daily Record, Forbes talks frankly about being a step-mum and being Scotland's first cabinet minister to take maternity leave.

Daily Record

Finance Minister Arkhom to push for diesel tax cut

The Finance Ministry is expected to propose cutting the excise tax on diesel to the cabinet on Tuesday, in a bid to ease the impact on the cost of transport, a ministry source said on Monday.

Bangkok Post

Loans to ABG Shipyard turned NPAs prior to 2014: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the ABG Shipyard account turned NPA during the erstwhile UPA regime and the banks took lesser than normal time to detect the fraud perpetrated by the shipping firm.

The Times of India

Scottish Finance Secretary visits Lanarkshire company's environmentally-friendly base

Kate Forbes' visit to Autonomous iOt organised to champion award of £243,000 of Scottish Green Jobs funding

Daily Record

Bhumi puja performed for college building

Finance Minister Buggana Rajendranath and Education Minister Adimalapu Suresh conducted bhumi puja for the construction of a new building for Silver Jubilee College and an administrative building for

The Hindu

Council tax rebate plan ‘repeats mistakes’ of UK Government, charities warn

They say the Scottish Finance Secretary should have targeted support towards low-income homes.

The Independent UK

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Daily Record

Scots households to receive £150 under cost of living plan unveiled by SNP Green Government

The plan was announced by Scottish Government Finance Secretary Kate Forbes

The Hindu

Budget session updates | February 10, 2022

Lok Sabha holds discussions on the Union Budget

Bangkok Post

Building a better future

Finance Minister Arkhom Termpittayapaisith has outlined eight areas Thailand needs to work on over the next decade to raise the country's competitiveness.

Asharq Al-Awsat

IMF to Visit Tunisia over Economic Reforms, Central Bank Official Says

The International Monetary Fund will hold a virtual visit with Tunisian officials on Feb. 14 to discuss the government's economic reform program, a central bank official told Reuters on Wednesday. The North African country, which is suffering from a financial crisis, is seeking to obtain a rescue package from the…

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The Times of India

Finance minister to address RBI board on February 14

NEW DELHI: Finance minister Nirmala Sitharaman is scheduled to address the post-budget meeting of the RBI's central board on Monday and highlight key points of the Union Budget 2022-23, including the fiscal consolidation roadmap and high capex plan.

The Hindu

Jayant Sinha terms Budget ‘visionary’, mocks Oppn criticism

PM, FM have steered India through pandemic to 9.2% growth, says former MoS Finance

The Independent UK

Finance Secretary Kate Forbes ‘delighted’ to be pregnant

The cabinet minister is planning to take maternity leave from her role in the Scottish Government.

Roll Call

Senate Finance leaders outline mental health legislative timeline - Roll Call

Senate Finance Committee leaders said they aim to put together a bipartisan legislative package addressing mental health.

Tribune News Service

Wyden probes FDA nominee’s views on accelerated drug approvals

WASHINGTON — Senate Finance Chair Ron Wyden, D-Ore., is pressing the White House’s nominee to lead the Food and Drug Administration, Robert Califf, to pledge to crack down on drugmakers’ use of fast-track approval pathways as the nominee seeks the chairman’s support.

Reuters

Polish Finance Minister resigns over tax reform dispute

Polish Finance Minister Tadeusz Koscinski has resigned, a spokesperson for the ruling Law and Justice (PiS) party said on Monday, after a dispute over the rollout of tax reforms.

Bangkok Post

Kingdom predicts 4% economic growth amid uncertainty posed by pandemic

Finance Minister Arkhom Termpittayapaisith is confident of the kingdom's economic outlook, saying it will achieve 4% growth this year as forecast by several domestic and foreign agencies.

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