Tag: Public Finance
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Budget 2026: What gets cheaper and costlier for India’s aam aadmi
Budget 2026 at a glance: A quick read for the aam aadmi On a lazy Sunday afternoon, millions of Indians will be keenly calculating the impact of Budget 2026 on their wallets. Finance Minister Nirmala Sitharaman has presented her ninth Budget, focused on reviving growth while guiding households through a shifting inflationary landscape. The big…
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Indonesia Considers Peace Board Fee: A Tax-like Burden Worth Rp17 Trillion?
Background: What is the Board of Peace and its fee? The debate surrounding Indonesia’s potential payment of US$1 billion, or Rp17 trillion, as a membership fee to the US-backed Board of Peace has captured the attention of policymakers and the public. Former Deputy Minister of Foreign Affairs Dino Patti Djalal has publicly urged the government…
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Indonesia Weighs Peace Board Fee: Should Rp17 Trillion Be Spent?
Controversy Over the Board of Peace Fee Indonesia’s plan to pay a substantial membership fee to a US-backed international group, commonly referred to as the Board of Peace, has sparked fierce debate among policymakers, analysts, and the public. Former Deputy Minister of Foreign Affairs, Dino Patti Djalal, publicly urged the government to reassess the decision,…
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Betfred Brothers Lead UK Tax List as Britain’s Biggest Taxpayers
What the Tax List Reveals The Sunday Times has published its eighth annual Tax List, highlighting the 100 wealthiest individuals and families in the United Kingdom who contribute the most to public finances. This year’s report shows that the top 100 taxpayers collectively handed over a staggering £5.758 billion in taxes. The findings paint a…
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Limerick Council Faces Multi-Million Overspend Crisis Amid Rising Tensions
Overview of the Row and the Overspend The long-running tensions between Limerick’s Mayor and the council’s director general resurfaced this week as a financial report uncovered a multi-million euro overspend within the local authority. The revelation has intensified scrutiny of how funds are managed, prompting questions about budgeting, accountability, and governance at Limerick City and…
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Ghana Ports Disinfection Loss: OSP Uncovers GH¢345 Million
Overview The Office of the Special Prosecutor (OSP) has disclosed a substantial financial loss tied to a ports disinfection deal, amounting to an estimated GH¢345 million. The finding comes from the July–December 2025 Half-Yearly Report, released on January 29, 2026, and highlights significant concerns about procurement processes, governance, and value for money in government contracting.…
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Energy reforms yield $15bn: No blackout in 10 months
Ghana’s Energy Reforms Deliver Stable Power and Big Payoffs In a bold signal of policy success, reforms sweeping through the energy sector have generated substantial proceeds, allowing the government to fully fund power generation and related expenditures. The Minister of Energy and Green Transition, John Abdulai Jinapor, announced that the reforms have translated into a…
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Trump Urges Families to Open Trump Accounts as Tax Season Opens
Trump Campaign Aligns Tax Filing with Economic Policy As tax season opens for the 2025 filing year, President Donald Trump is advocating for a new financial pathway he terms the “Trump Account.” The proposal, presented in tandem with Treasury Secretary Scott Bessent and a coalition of business leaders, aims to give families a dedicated account…
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NUPRC and NRS Partner to Boost Nigeria’s Revenue Collection
Global collaboration to strengthen Nigeria’s revenue system Nigeria is set to strengthen its fiscal framework as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) formalize a strategic partnership aimed at boosting revenue collection. The announcement, underscored by senior leadership from both agencies, signals a renewed commitment to close revenue gaps,…
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NUPRC and NRS Unite to Strengthen Nigeria’s Revenue Collection
Overview: A Strategic Alliance for Revenue Enhancement In a landmark move to shore up Nigeria’s fiscal position, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have formalized a collaboration designed to boost revenue collection. Spearheaded by senior leadership from both agencies, the partnership focuses on strengthening governance, improving tax and…