
Financejerusalem-postnewsbeast5h ago2 sources Israel's Economy Faces $3 Billion Weekly Cost from Conflict with Iran
The ongoing conflict with Iran is estimated to cost the Israeli economy approximately $3 billion (or 2.9 billion euros) per week, assuming current nationwide restrictions remain in place.

Damage to Israeli economy from Iran war seen at about $3B a week
The ongoing air war with Iran could cost the country's economy over 9 billion shekels (about $2.93 billion) per week, the Finance Ministry said on Wednesday.
Under current 'r...
Moritomo Gakuen scandal: Sixth document disclosure reveals new details
A sixth disclosure of documents related to the Moritomo Gakuen scandal, involving the alteration of Finance Ministry records, has revealed new details, including emails concerning former Prime Minister Abe's wife, Akie.

Malaysian Finance Ministry Projects 9.4% Increase in Individual Tax Revenue by 2026
Malaysia's Finance Ministry forecasts a 9.4 percent rise in individual tax revenue by 2026, attributing the growth to anticipated wage increases and adjustments in civil service salaries.

Czech Finance Ministry Dismisses Mero CEO
The Czech Ministry of Finance has dismissed Jaroslav Pantůček from his position as CEO and chairman of the board of the state-owned company Mero, which manages the Czech section of the Druzhba oil pipeline.

Cyprus Trade Unions Call for Cyta's Entry into Energy Sector
Cyta trade unions are urging parliament to support a finance ministry bill that would modernize the organization and allow it to provide new services, including energy, ahead of discussions scheduled for March 2.

Indian Finance Ministry on Central Government Employee Salary Accounts
The Indian Finance Ministry announced that salary accounts for Central government employees will improve saving accounts.
Saudi Arabia's Deficit Widens to $25.28 Billion in Q4 2025
Saudi Arabia's finance ministry reported that the country's deficit expanded to $25.28 billion in the fourth quarter of 2025.

Belgian Finance Ministry Orchestra with Five Full-Time Equivalents Sparks Controversy
A controversy has arisen in the Belgian Chamber of Representatives over the Ministry of Finance's orchestra, which reportedly employs the equivalent of five full-time staff members.

ECC approves release of Rs19bn for PM’s Ramazan package
The Economic Coordination Committee (ECC) on Thursday approved the release of Rs19 billion for Prime Minister Shehbaz Sharif’s Ramazan package.
On February 12, PM Shehbaz had announced a Rs38bn Ramazan relief package, which would benefit more than 12 million families — around 36m people — through direct digital payments.
In a post on X, the finance ministry said Finance Minister Muhammad Aurengzeb remotely chaired a meeting of the ECC.
The post said that the ECC approved the “immediate release” of Rs19bn for the prime minister’s package to “ensure timely disbursement of assistance to vulnerable families”.
“The remaining requirement out of the proposed Rs25bn will be released as and when necessary, in line with fiscal space,” the ministry said.
“The prime minister’s Ramazan relief package 2026 is designed to provide targeted cash assistance to low-income households during the holy month, using National Socio-Economic Registry data to ensure transparency and objective beneficiary selection,” the finance ministry said.
It added that the “funds will be disbursed directly through formal banking and digital channels to ensure secure, efficient and dignified delivery”.
The ministry further said that during the meeting, the ECC also granted “in-principle approval for Rs1bn operational expenses, directing that detailed cost breakdowns be shared with the Finance Division to ensure transparency, fiscal prudence, and compliance with financial rules”.
It stressed “balancing swift relief delivery with strong financial oversight” and further noted that “any unutilised funds would be surrendered in accordance with established procedures”.
IDF Eases Wartime Restrictions Near Protected Spaces in Israel
The IDF has eased wartime restrictions following a push from the Finance Ministry to reopen businesses near protected spaces.

Malaysia Announces Increase in RON97 Petrol and Diesel Prices
The Malaysian Finance Ministry announced an increase in the retail price of RON97 petrol by 10 sen and diesel in peninsular Malaysia by eight sen.

Pakistan refuses IMF help on 142 reforms, opts for biannual reporting
Pakistan's finance ministry has declined the International Monetary Fund's assistance on 142 reforms, choosing to provide biannual reports instead of the quarterly updates requested by the Fund.

Germany Freezes Fewer Russian Assets, Raising Concerns
The amount of frozen Russian assets in Germany has significantly decreased, prompting the Green party to call it a 'warning signal.' The Finance Ministry has offered two explanations for the decline.
Sri Lanka's Finance Ministry Tables Fresh Tax Hikes
The Finance Ministry in Sri Lanka has proposed new tax increases, as reported by the Daily Mirror.

Anwar aide dismisses minister’s call for royal inquiry into Malaysia’s anti-graft agency
The call for a royal inquiry must not be based on hearsay, says Kamil Munim, Prime Minister Anwar Ibrahim's political secretary in the Finance Ministry.

Poland's Finance Ministry Details 2025 Budget Performance Amid Revenue Decline
Poland's Ministry of Finance has released data on the estimated state budget performance for 2025, showing a nearly 30 billion PLN decrease in revenues, attributed partly to local government financing reforms.

Ghana's Finance Ministry Reports Economic Recovery with Falling Inflation and Stronger Cedi
Ghana's Ministry of Finance has highlighted significant improvements in the country's macroeconomic indicators for 2025, including declining inflation, lower interest rates, and a stronger currency, signaling a broad-based economic recovery.
Kenya Successfully Issues Eurobonds Worth $2.25 Billion
Kenya's finance ministry has announced the successful issuance of Eurobonds totaling $2.25 billion.

Türkiye runs budget deficit of over $4.9 billion in January
Türkiye's central government budget balance registered a deficit of TL 214.5 billion ($4.9 billion) in January, official figures from the Treasury and Finance Ministry showed...

Russian Finance Ministry Suspends FX and Gold Operations
Russia's Finance Ministry has suspended foreign exchange and gold operations for March, a move described as 'unexpected' by analysts, to adjust its 'budget rule'.

Nearly RM1b spent under SARA aid as 6.7 million recipients buy basic goods, says Finance Ministry
KUALA LUMPUR, March 4 — About 6.7 million recipients of the monthly Sumbangan Asas Rahmah (SARA) programme as at M...

Pakistan’s stocks of petroleum products at ‘comfortable levels’, committee told
A high-level committee formed to monitor petrol prices in the aftermath of heightened tensions in the Middle East was informed on Monday that national stocks of petroleum products were currently at “comfortable levels”.
In a post on X, the finance ministry said the committee was formed a day earlier by Prime Minister Shehbaz Sharif. It said that the committee met on Monday under the chairmanship of Finance Minister Muhammad Aurganzeb.
During the meeting, the committ...
Vietnam's Finance Ministry Discusses National Credit Rating Upgrade with Moody's
Vietnam's Finance Ministry is engaged in discussions with Moody's Ratings regarding a potential upgrade to the country's national credit rating, signaling efforts to improve its financial standing.

‘If I had to do it again, I would’ – Sophia Akuffo defends bold DDEP picket decision
Former Chief Justice Sophia Akuffo says she has no regrets about joining pensioners in picketing the Finance Ministry during the controversial Domestic Debt Exchange Programme (DDEP) in 2023.

Finance Ministry: Securities Commission to finalise framework, licensing rules for cash trust schemes
KUALA LUMPUR, Feb 25 — The Securities Commission Malaysia (SC) is finalising the framework to clarify the scope an...

Lithuanian Social Democrats Leader Comments on Finance Ministry Staff Changes
Following the mutual resignation of the Finance Ministry's chancellor, the leader of the Lithuanian Social Democratic Party states that this is a normal political process without deeper meaning.

FinanceDawnexpress-tribune11d ago2 sources Pakistan Finance Ministry Dismisses Claims of High External Loan Interest
Pakistan's Ministry of Finance has refuted claims that the country is paying up to eight percent interest on external loans, clarifying that public external debt interest outflows increased by 80.4 percent between fiscal years 2022 and 2023.

Belgian Finance Ministry Orchestra Costs State Equivalent of Five Full-Time Jobs Annually
The orchestra of the Belgian Federal Public Service (SPF) Finance costs the state 1022 working days annually, equivalent to five full-time positions, due to rehearsals during work hours and reimbursed travel.

Russians spending $648 million on crypto every day, says finance ministry
Russia's finance ministry reports that citizens are spending an estimated $648 million on cryptocurrency every day, highlighting significant adoption of digital assets within the country.