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Ghana's Macroeconomic Stability Shows Early Gains Amid Bottlenecks
Businessmyjoyonline2d ago

Ghana's Macroeconomic Stability Shows Early Gains Amid Bottlenecks

Ghana's Finance Ministry advisors report that macroeconomic stability is delivering early gains and boosting business confidence, with broader positive impacts underway. However, the CEO of GNCCI notes that structural bottlenecks are blunting the full effect of these macroeconomic improvements.

Ukraine Receives 90% of Funds From Frozen Russian Assets
WorldReutersbloombergle-monde+24nrkukrainska-pravdader-standardirozhlasla-repubblicaorftelexdelfi-lt+16 more15d ago27 sources

Ukraine Receives 90% of Funds From Frozen Russian Assets

Ukraine's Finance Ministry announced that the country has received 90% of the expected funding backed by revenues generated from Russia's frozen assets. This financial injection is a crucial development amidst ongoing conflict.

Cyprus Launches €230 Million Water Resilience Projects
Businesscyprus-mail1mo ago

Cyprus Launches €230 Million Water Resilience Projects

Cyprus's finance ministry announced that €230 million worth of projects are underway to enhance the island's sustainable water management and increase its water resilience, focusing on investments in infrastructure and technology.

Global Markets Decline, Oil and Commodity Prices Surge Amid Middle East Tensions and Iran Escalation Fears
BusinessReutersbloombergwsj+82FTle-mondewapoThe GuardianNPRAl JazeeraCNNFox News+74 more1mo ago85 sources

Global Markets Decline, Oil and Commodity Prices Surge Amid Middle East Tensions and Iran Escalation Fears

European and world stock markets, including Asian equities, are experiencing downward trends for the fifth consecutive week due to intensifying Middle East conflict, which has also caused oil prices to surge towards $117 per barrel and led to a rebound in soybean and corn prices, further fueled by fears of escalation in Iran.

Pakistan Secures Petrol Cargoes for March and April
BusinessDawnexpress-tribunegeo-news1mo ago3 sources

Pakistan Secures Petrol Cargoes for March and April

Pakistan's finance ministry announced that petrol cargoes for March and April have been largely secured, with additional shipments planned to strengthen supply buffers and ensure continued inflows.

Massive crackdown on money launderers across the country
BusinessDawn1mo ago

Massive crackdown on money launderers across the country

LAHORE: The Ministry of Interior, in collaboration with finance ministry, on Tuesday, announced launching a massive crackdown on money-laundering and hawala/hundi networks across the country. A joint working group comprising the officials of the State Bank of Pakistan (SBP) and the Federal Investigation Agency (FIA) will be formed to regularly review the progress made in this regard. A meeting held under the joint chairmanship of Federal Interior Minister Mohsin Naqvi and Federal Minister f...

Czech Finance Ministry Dismisses Mero CEO
Politicsirozhlas2mo ago

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.

ECC approves release of Rs19bn for PM’s Ramazan package
PoliticsDawn2mo ago

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”.

Trump Lifts Whisky Tariffs During British Royal Visit
HealthAPReutersBBC+85bloombergNYTeconomistwsjFTle-mondewapoThe Guardian+77 more2d ago88 sources

Trump Lifts Whisky Tariffs During British Royal Visit

President Trump announced the removal of tariffs on whisky imports, a gesture made in honor of a British royal visit to the United States. The decision followed the King's trip, which included a visit to small-town America before his departure for Bermuda.

Hackers Steal Millions From Sri Lanka Finance Ministry
TechnologyFThindustan-timesstraits-times+5ndtvchannel-news-asiageo-newsdaily-mirror-lkkuwait-times9d ago8 sources

Hackers Steal Millions From Sri Lanka Finance Ministry

Hackers successfully stole millions of dollars from Sri Lanka's Finance Ministry, with reports indicating losses between $2.5 million and $3.2 million. The ministry confirmed the significant financial breach.

India's Finance Ministry Details Economic Impact of West Asia Conflict
BusinesspublicoTimes of Indiahindustan-times+5indian-expressKorea Heraldndtvchannel-news-asiamalay-mail1mo ago8 sources

India's Finance Ministry Details Economic Impact of West Asia Conflict

A finance ministry report outlines the potential economic repercussions for India from the West Asia conflict, including supply disruptions for oil, gas, and fertilizers, higher import prices, and increased logistics costs.

Cyprus treasury bills to mature next week, ministry confirms
Financecyprus-mail1mo ago

Cyprus treasury bills to mature next week, ministry confirms

The Finance Ministry has announced the upcoming maturity of the 13-week Treasury Bills, 12th issue of 2025, confirming that the securities will soon cease trading on the regulated market. The announcement concerns Treasury Bills with the code TB13L25, issued for the period from December 19, 2025 to March 20, 2026. The securities are classified as […]

Capital projects ongoing, not abandoned —Finance Ministry
Businessvanguard-ng1mo ago

Capital projects ongoing, not abandoned —Finance Ministry

The Federal Ministry of Finance has clarified that capital projects across Nigeria remain active despite concerns over low cash releases to ministries, departments, and agencies (MDAs). While budget execution rates for some MDAs may appear low, capital project implementation has not been abandoned, the ministry said. The clarification, detailed in a document titled “Deepening Public Understanding of […] The post Capital projects ongoing, not abandoned —Finance Ministry appeared first on Vangu...

IMF Warns US Treasury Market Vulnerable Amid Soaring Debt
WorldReutersukrainska-pravdafaz+24orfel-mundodigi24index-hrobservadordnevnik-bgla-vanguardiacyprus-mail+16 more17d ago27 sources

IMF Warns US Treasury Market Vulnerable Amid Soaring Debt

The International Monetary Fund has warned that the US Treasury market is prone to "sudden repricing" due to soaring national debt, which is projected to exceed 142% of GDP by 2031. This warning highlights concerns about financial stability and the overreliance on short-term bills, alongside other global economic concerns.

Malaysia Reviews Diesel Subsidy, Plans B15 Biodiesel Blend
Financemalay-mail18d ago

Malaysia Reviews Diesel Subsidy, Plans B15 Biodiesel Blend

Malaysia's Finance Ministry is undertaking a review of its diesel subsidy mechanism and intends to increase the biodiesel blend to B15. Meanwhile, the diesel price in Sabah and Sarawak will remain at RM2.15, deemed a "lifeline" by the ministry.

Russian An-26 Transport Aircraft Crashes in Occupied Crimea, Killing 29
PoliticsBBCbloombergNYT+58NPRFox Newsyle-uutisettagesschauukrainska-pravdafazDWle-figaro+50 more1mo ago61 sources

Russian An-26 Transport Aircraft Crashes in Occupied Crimea, Killing 29

A Russian An-26 military transport aircraft reportedly crashed over occupied Crimea, resulting in the deaths of all 29 people on board, with Russia's defense ministry attributing the incident to a likely technical malfunction, as confirmed by Russian sources.

Iran's Revolutionary Guard Threatens 18 Tech Firms Including Apple, Google, Meta
TechnologyAPBBCbloomberg+57NYTwsjle-mondeNPRAl JazeeraFox Newsyle-uutisetfaz+49 more1mo ago60 sources

Iran's Revolutionary Guard Threatens 18 Tech Firms Including Apple, Google, Meta

Iran's Revolutionary Guard has reiterated its warning to US tech firms, explicitly listing 18 companies including Apple, Google, and Meta as targets for 'reciprocal action' starting tomorrow. This follows previous threats against leading American technology companies, which Iran claims are complicit in alleged Israeli-US intelligence-backed strikes.

Gov't designates 23 necessities for special price monitoring amid Middle East crisis
BusinessKorea Herald1mo ago

Gov't designates 23 necessities for special price monitoring amid Middle East crisis

The government has designated 23 key items, such as petroleum products, rice and telecommunications fees, for special price monitoring amid resource supply concerns in the wake of the Middle East crisis, the finance ministry said Thursday. The items include 13 key food products closely tied to household living costs, five service charges, such as telecommunications fees, fuel products and five manufactured goods, including school uniforms, the ministry said. The decision was made during a minist

House committee scrutinises charity abolition, seeks guarantees for students
Politicscyprus-mail1mo ago

House committee scrutinises charity abolition, seeks guarantees for students

The parliamentary institutions committee examined on Wednesday government plans to abolish the social support agency and transfer its responsibilities under the auspices of the finance ministry. MPs pressed for assurances that all current beneficiaries would continue to receive support without interruption during the transition. Deputy minister to the presidency Irene Piki told the committee that […]

New bill on foreclosures delayed until after Cyprus election
Financecyprus-mail1mo ago

New bill on foreclosures delayed until after Cyprus election

A new legislative bill aimed at regulating mortgages and foreclosures in Cyprus is not anticipated to be introduced until after the parliamentary election in May. A finance ministry spokeswoman confirmed the delay to the House finance committee.

Pakistan’s stocks of petroleum products at ‘comfortable levels’, committee told
BusinessDawn2mo ago

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...