Tag: Ministry of Finance
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Court Rejects Entrépo Finance’s Urgent Bid Over Government Payroll Deductions System
Overview: A setback for Entrépo Finance A court has rejected an urgent bid from microfinance lender Entrépo Finance. The company sought a court order compelling the minister of finance, Ericah Shafudah, to explain under oath how the government intends to implement a fully functional payroll deductions management system. The ruling marks a significant hurdle for…
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Ethiopia Fortifies Transparency, Accountability, and Fiscal Governance
Ethiopia Reinforces its PFM Reform Agenda In Addis Ababa on November 19, 2025, the Ministry of Finance underscored a steadfast national policy: strengthening transparency, accountability, and fiscal governance across the public sector. This renewed pledge comes as part of an ongoing Public Financial Management (PFM) reform program aimed at boosting efficiency, reducing waste, and improving…
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Malaysia Sets Unsubsidised RON97 and RON95 Prices for November 13–19
Overview: Unsubsidised Petrol Prices Announced for Nov 13–19 The Malaysian government has announced the unsubsidised retail prices for petrol for the period of November 13 to November 19. According to a statement from the Ministry of Finance (MOF), RON97 will be priced at RM3.25 per litre, while RON95 will be priced at RM2.65 per litre…
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WinTrak Bribe Allegations Shake Chennai Customs as India Halts Operations
WinTrak Bribe Allegations Prompt Halt of India Operations The cargo company WinTrak has stunned the Indian logistics scene by announcing a complete suspension of its import-export operations in India, effective October 1, 2025. The decision comes in the wake of a series of high-profile allegations from the company’s founder, who claims that Chennai Customs officers…