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Harare — AS the country awaits the 2010 national budget economic analysts say focus should be on providing incentives to boost local manufacturing sector, realignment of tax rates and further tightening of government spending. Full Article at AllAfrica.com
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(MENAFN - Aswat Al-Iraq) Finance Minister Baqer Jabr al-Zubaidi said on Wednesday that the 2010 budget will support the investment sector to improve the construction reality of the provinces, according to a ministry's statement. Full Article at Middle East North Africa Financial Network
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(BUDAPEST) - The Hungarian parliament approved a draft 2010 austerity budget late Tuesday, targetting a deficit of 3.8 percent of gross domestic product (GDP), one of the lowest in the European Union. Full Article at EUbusiness
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The euro-area economy may expand 0.7pc next year, the European Commission said, raising its growth forecast even as budget deficits and jobless ranks swell further. Full Article at Irish Independent
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Turkeys budget 2010 which focuses on overcoming the crisis, was submitted to Parliament for approval and includes no specific reference to a potential stand-by deal with the International Monetary Fund (IMF). Full Article at New Europe News
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the mission welcomes the Gambian authorities' intention to take corrective actions for the missed end-September performance criterion, notably by preparing a budget for 2010 that will lower governmentâ's domestic debt slightly, ease pressure on treasury bills yields and generate savings from lower inter...
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Our income has averaged from US$4 million per month in January 2009 to $25 million in February, $40 million in March, to a high level of $98 million in June
– Tendai Biti SOURCE: AllAfrica.com -
So if our unvalidated debt is $5,7 billion, it means assuming that we are living on water and air and God's grace, we are required to pay that debt for six years and clearly that is not sustainable
– Tendai Biti SOURCE: AllAfrica.com
