Václav Klaus proposed a “radical change” in his new book

Václav Klaus proposed a “radical change” in his new book

You can also listen to the article in audio version. Former President Václav Klaus once again criticized the current situation in the country and the Fial government. He resents the “chronic stagnation” of the economy and demands “radical change”. He summarized his ideas in the new book Partial reforms are not enough – the solution … Read more

The minimum salary has increased to 8 thousand since April 1 — Financial Club

The minimum salary has increased to 8 thousand since April 1 — Financial Club

From April 1, the minimum wage increased to UAH 8,000. This is the second stage of the increase provided for by the law “On the State Budget of Ukraine for 2024”. However, it will not only be the growth of the private sector. From January 1, 2024, the minimum salary increased from UAH 6,700 to … Read more

Prabowo-Gibran IKN Project: Challenges and Promises for Indonesia’s Future

Prabowo-Gibran IKN Project: Challenges and Promises for Indonesia’s Future

ANALYSIS Dela Naufalia | CNN Indonesia Thursday, 07 Mar 2024 07:50 WIB A number of observers said that Prabowo faced many challenges in continuing IKN, such as; investor interest and APBN limitations if the project has minimal investment. Nasa Satellite Photo of the IKN Project. (NASA). Jakarta, CNN Indonesia — Pair of presidential and vice … Read more

First in 2023, APBN starts to have a deficit of IDR 700 billion!

First in 2023, APBN starts to have a deficit of IDR 700 billion!

Jakarta – Minister of Finance Sri Mulyani Indrawati revealed the State Revenue and Expenditure Budget (State Budget) until October 2023 starting a deficit of IDR 700 billion after nine consecutive months of surplus. This realization is equivalent to 0.003% of Gross Domestic Product (GDP). “The posture of the APBN has started to have a deficit … Read more

State Budget Surplus and Deficit Rankings in EU Countries – Second Quarter 2021

State Budget Surplus and Deficit Rankings in EU Countries – Second Quarter 2021

According to them, our state budget surplus in April-June was 0.1% of GDP. There was still a budget surplus in Denmark (+2.8% of GDP), Ireland (+2.4%), Portugal (+2.3%) and the Netherlands (+0.2%). Meanwhile, the biggest deficits in the second quarter were in Hungary (-6.6% of GDP), Romania (-6.3%), Slovakia (-4.8%) and France (-4.6%). Both in … Read more

Government Guarantees for Jakarta-Bandung Fast Train Debt: APBN’s Resilience and National Priority

Government Guarantees for Jakarta-Bandung Fast Train Debt: APBN’s Resilience and National Priority

Jakarta – Swelling project debt Jakarta-Bandung Fast Train will be guaranteed by the Indonesian State Revenue and Expenditure Budget (APBN). This has been stated in Minister of Finance Regulation (PMK) Number 89 of 2023 concerning Procedures for Implementing Government Guarantees to Accelerate the Implementation of Fast Train Infrastructure and Facilities between Jakarta and Bandung. So … Read more

“Where Does the Indonesian Government Keep Trillions of State Money? – Management of State Money Explained”

Jakarta – Currently there are still many people who do not know where the Indonesian government keeps thousands of trillions of state money. This is important considering how this state money is usually used as the State Revenue and Expenditure Budget (APBN), which is then regulated by the Minister of Finance Sri Mulyani Indrawati. Sri … Read more

“CEZ announces potential record dividend payout to Czech state budget”

“The first draft will be prepared by the company’s board of directors. I do not rule out that last year’s scenario may be repeated, when I put forward a proposal for a higher dividend payment on behalf of the government, and the general meeting then approved it,” said Stanjura. His proposal was also supported by … Read more

Ho Chi Minh City’s GRDP growth is low, besides falling public investment, what is the biggest “crime”?

In the latest proposal sent to the Prime Minister, the Ho Chi Minh City Real Estate Association (HoREA) continues to propose urgent solutions to immediately remove difficulties in cash flow and liquidity for the real estate market. Soon to remove difficulties for 156 projects, Ho Chi Minh City has tens of trillions of more tax … Read more

US President Biden wants higher taxes for the rich and corporations | DW | 03/10/2023

The US government’s draft budget published on Thursday stipulates, among other things, that people with assets of more than USD 100 million (around EUR 95 million) should pay a minimum tax of 25 percent. Current tax rules allow for huge loopholes – many of the wealthiest Americans pay lower tax rates than middle-class households, it … Read more