The report on budget execution for January states that budget revenues in January amounted to 162.6 million euros or 1.9 percent of the estimated GDP and are higher by 5.9 compared to January last year…

North Macedonia's Ministry of Finance is implementing a project to invest in energy efficiency for public sector facilities, specifically targeting health institutions and hospitals.

A commune in Olt County, Romania, lacks sewage and paved roads but allocates 60% of its budget to social assistance for disability, according to the Ministry of Finance.

The Romanian Ministry of Finance and Special Telecommunications Service are developing a blockchain-based system to store and verify fiscal receipts, allowing the tax agency (ANAF) direct access to cryptographically validated digital records.

Inspectors from the Serbian Ministry of Finance's Gaming Administration discovered illegal casino gambling in the 'Astorija' hotel in Belgrade. Equipment for poker was seized, and criminal charges will be filed against the organizers.

Montenegro's Ministry of Finance has requested the Ministry of Labor to estimate the financial cost of a new model for permanent seasonal employment, while businesses express uncertainty about the proposed law's market relevance.

The Institute Alternative (IA) has called on Montenegro's Ministry of Finance to strengthen public procurement controls, expand anti-corruption measures to simple procurements, and introduce sanctions for violations.

Álvaro Santos Pereira has ordered a working group to study changes to the organic law of Banco de Portugal, a revision aligned with the Ministry of Finance that will alter the bank's composition and statutes.

Poland's Ministry of Finance is proposing to increase the exemption limit for the tax on civil law transactions (PCC), meaning purchases above a certain amount, currently 1,000 PLN, would no longer incur this tax.

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.

The Danish government is set to present a long-term plan for the country's economy at 10:15 AM in the Ministry of Finance.

Poland's Ministry of Finance is proposing two different projects to tighten the excise tax market for e-cigarettes, causing confusion and potential delays.

Moldovan authorities have rejected an opposition proposal to ease previously introduced restrictions on cash transactions, with the Ministry of Finance issuing a negative opinion on the bill.

The Ministry of Finance has announced that Ghana recorded a significant fiscal turnaround in 2025, describing the year as one of the most remarkable periods of economic recovery in the country’s histo

The Ministry of Finance (MOF) has refuted false claims circulating online regarding Ramadan aid and e-tunai credit.

Japan's Ministry of Finance estimates that national debt servicing costs will reach 41.3 trillion yen by fiscal year 2029, surpassing social security expenses due to rising market interest rates.

Montenegro's Ministry of Finance announced that capital investments are significantly higher than last year, with VAT increasing by 7.2%, excise taxes by 9.3%, and personal income tax by 3.8%. Budget expenditures for January totaled 195 million.

Montenegro's Ministry of Finance announced an improved outlook for the country, attributing the progress to fiscal consolidation, macroeconomic stability, and a clear European orientation.

Finland's Ministry of Finance warns that upcoming austerity measures, estimated at 8-11 billion euros due to EU rules, will be so extensive that even pensions, education, and national defense cannot be protected from cuts.

The Greek Ministry of Finance has established a special committee to investigate numerous complaints from households and businesses regarding the practices of loan servicers, despite existing regulations and codes of conduct.

Finland's Ministry of Finance has published its proposal for the state's fiscal framework, revealing an average annual deficit of 14.9 billion euros in the coming years, which Minister Purra described as 'shocking'.

The cross-party working group on fiscal policy published its report in Parliament on Wednesday. The group sets an average deficit target of around 3 per cent of GDP for 2027–2033, with a more precise goal of 2–2.5 per cent in 2031. The Ministry of Finance forecasts a general government deficit of 4.5 per cent in 2026. In 2024, the deficit stood at 4.4 per cent. Finland’s debt-to-GDP ratio is projected to rise to 91.6 per cent next year. Under EU rules, the reference level stands at 60 per c...

Montenegro's Ministry of Finance is preparing a Draft Law on Excises to fulfill obligations and benchmarks under Chapter 16 – Taxation, aiming for its closure this year.

Japan's Ministry of Finance announced that the tax reduction amount for companies utilizing the research and development tax system surpassed 1 trillion yen for the first time in the last fiscal year (2024). This special tax measure aims to lighten the corporate tax burden for eligible companies engaged in R&D.

Poland's Ministry of Finance is proposing to increase the exemption limit for the civil law transactions tax (PCC), which currently applies to purchases over 1,000 PLN.

KUALA LUMPUR, Feb 24 — The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD...

The municipality of Plužine is seeking equal salary coefficients, while Montenegro's Ministry of Finance and Government maintain that the current system is constitutional and based on objective criteria.

The Polish Ministry of Finance cautions that the favorable interpretation regarding VAT deductions from invoices issued outside the National e-Invoicing System (KSeF) may not be permanent, though experts believe challenging the right to deduct VAT will be difficult for the tax authorities.

The Latvian Ministry of Finance has submitted a new draft law for a municipal financial equalization model for approval before government review.

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.

KUALA LUMPUR, Feb 22 — The Ministry of Finance (MOF) has dismissed as false claims circulating on social media reg...

• Accumulated losses hit Rs2.07tr by June 2025; half of it piled up in just three years • Outstanding loans stand near Rs3.1tr, debt rising Rs300bn a year • Financing cost reaches Rs210bn in FY25, highest among SOEs ISLAMABAD: Carrying the largest outstanding loan portfolio on its books and a negative return on assets, the National Highway Authority (NHA) — the country’s logistics backbone — is the single largest entity bleeding the federal budget, exposing Pakistan to substantial fiscal risk despite the recent doubling of tolls. The NHA is the “largest loss-maker”, operating on a “structural deficit model and reliant on budgetary support”, the Central Monitoring Unit (CMU) of the Ministry of Finance said in its Annual Aggregate Report on state-owned enterprises (SOEs) for the year ended June 30, 2025. With accumulated losses of Rs2.074 trillion, the entity that owns and operates all the national highways and motorways accrued around Rs1.004tr in the last three years alone — about Rs295 billion each in FY24 and FY25 and Rs413bn in FY23. Moreover, it stands out at the top of the SOE list, with the largest accrued financing cost of Rs210bn in FY25, as its toll revenue remains unaligned with debt servicing, leading to fiscal dependence and sovereign guarantee exposure. “Currently, the NHA holds outstanding loans totalling approximately Rs3.1tr, with an annual debt accretion rate of Rs300bn. This debt portfolio generates Rs98bn in markup, which is expected to rise to more than Rs150bn per annum, creating a substantial credit risk for the government of Pakistan (GoP), which guarantees these loans”, the CMA said. It said the presence of sovereign guarantees for public-private partnership (PPP) contracts added further financial strain, amplifying the government’s credit risk exposure. With more than Rs115 billion in loans given by the federal government last year, it is also among the top borrowers. On the other hand, its net assets remained almost static over the last three years, actually declining slightly from Rs5.84tr in FY23 to Rs5.83tr in FY25. Its total equity has been declining over time from Rs2.57tr in FY23 to Rs2.27tr in FY24 and Rs1.95tr in FY25. Conversely, NHA’s total liabilities have been increasing, making it the single-largest entity to accrue current liabilities. Its total liabilities amounted to Rs3.27tr in FY23, increasing to Rs3.54tr in FY24 and reaching Rs3.88tr by the end of FY25. The CMU observed that National Highway Authority’s 2025 performance underscored its strategic importance yet exposed growing fiscal vulnerability. “Despite an impressive surge in toll revenues and build, own and transfer (BOT) project inflows, the authority continues to operate under a persistent deficit, driven by high depreciation and finance costs,” it said. Operating income rose sharply to Rs83.1bn in FY25 (against Rs42.4bn in FY24), propelled by the doubling of toll income to Rs64.4bn. However, the overall income of Rs119.7bn remained insufficient against total expenditures of Rs408.1bn. Consequently, the deficit before levy and taxation stood at Rs292.98bn and the deficit after tax at Rs294.86bn, reflecting continued structural stress. It noted that two critical components eroded National Highway Authority’s profitability. These include depreciation expense of Rs133.8bn, reflecting a heavily capital-intensive asset base and growing maintenance backlog and Rs193.5bn finance cost, up from Rs182bn last year, highlighting the escalating burden of debt and interest rate exposure. The CMU advised diversification of funding sources through infrastructure bonds targeted at domestic institutional investors and international development markets. It said the expansion of public-private partnerships for new road construction, maintenance outsourcing and service area development can shift part of the fiscal and operational burden to the private sector while improving efficiency and service quality. The CMU also called for renegotiating loan terms with lenders to extend maturities, reduce interest rates or convert debt into quasi-equity instruments to create immediate fiscal space. Published in Dawn, February 16th, 2026

Montenegro's Ministry of Finance reported budget revenues of 162.6 million euros and capital expenditures of 18.6 million euros for January 2026, highlighting stable public finance management.

The Czech state debt deepened by more than 312 billion CZK last year, reaching over 3.677 trillion CZK, with debt to GDP exceeding 43 percent, according to the Ministry of Finance.

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.

The Polish Ministry of Finance has stated that entrepreneurs are not required to include a natural person's PESEL number on invoices for non-business activities or in revenue and expense ledgers.

Israel's chief economist at the Ministry of Finance, Shmuel Abramzon, has said the relationship between New Delhi and Jerusalem is entering a decisive phase -- one focused less on symbolism and more on delivery.

The Chamber of Tax Consultants has requested the Ministry of Finance to clarify the new, unclear rules regarding the staggering of state debts, which are causing confusion in practice.

Saudi Arabia Records Largest Budget Deficit Since 2020 Via The Cradle Saudi Arabia recorded its widest quarterly budget deficit in five years in the final three months of 2025, as lower crude oil prices weigh down the kingdom's finances, Bloomberg is reporting. Data released by the Saudi Ministry of Finance  shows the government posted a deficit of 94.9 billion riyals ($25.3 billion) in the fourth quarter, which brought the total shortfall for 2025 to nearly 276.6 billion riyals...

Poland's Ministry of Finance is considering raising the tax exemption limit for civil law transactions (PCC). Currently, individuals buying items over 1,000 PLN, like a computer or bicycle, must pay this tax.

The Polish Ministry of Finance plans to raise the exemption limit for civil law transactions (PCC) to 3,000 PLN, meaning purchases up to this amount would be tax-free.

A long-term plan for the Danish economy is set to be presented by the Ministry of Finance, with a press conference scheduled for 10:15 AM.

New instructions for property revaluation have come into force in Albania, published by the Ministry of Finance and the State Cadastre Agency, allowing for a 1% discount for each year of use for apartments.

Experts in Portugal are calling for clearer rules and increased predictability to strengthen cultural patronage, criticizing the Ministry of Finance for undervaluing the sector.

The Ministry of Finance will propose an amendment to the Value Added Tax (VAT) Act, which would extend the application of the reduced VAT rate of five percent for energy products until March 31, 2027, it said.

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.

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.