Turkey's finance chief reassures investors

Turkey's finance chief reassures investors

ANKARA, Turkey — Turkey’s finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis. The national currency recovered somewhat from record lows hit earlier this week, a day after Qatar pledged $15 […]

Independent schools hit out at SNP Finance Minister over letter to John Swinney about rates bill hike

Independent schools hit out at SNP Finance Minister over letter to John Swinney about rates bill hike

Scotland’s independent schools has hit out at the SNP’s Finance Minister after he advised they could try contacting councils for help getting round his £5 million tax raid on private education. The Scottish Council of Independent Schools (SCIS) criticised Derek Mackay after he refused to offer Kilgraston School in Perthshire any assistance and told it […]

Exclusive: As Syria looks to rebuild, Finance Minister sees trade boost from forex deposits

Exclusive: As Syria looks to rebuild, Finance Minister sees trade boost from forex deposits

DAMASCUS (Reuters) – Syria will use new foreign currency certificates of deposit to help fund trade operations, its finance minister said, as the government takes tentative steps towards reconstruction following seven years of war. Mamoun Hamdan, Syria’s finance minister gestures as he attends a Reuters interview in Damascus, Syria August 15, 2018. Picture taken August […]

Turkish Finance Minister Rules Out Capital Controls as Policy Option

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Dublin to become base for UN green finance network

Dublin to become base for UN green finance network

A UN programme that encourages global financial centres to place “sustainable and green finance” at the heart of their operations and help fight climate change is to establish its European base in Dublin. The new secretariat will co-ordinate a network of cities committed to the expansion of green and sustainable financial services. Between 2021 and […]

Zambia's Finance Minister serving as president: Here is why

Zambia's Finance Minister serving as president: Here is why

Zambia has a new president in the person of finance minister, Margaret Mwanakatwe. She is serving in a temporary capacity in the absence of the president and his vice, the local news portal Mwebantu reports. President Edgar Lungu has left the country to Namibia, where he is due to attend the 38th Southern Africa Development […]

Finance Minister will amend SARS Act once Nugent inquiry wraps up

Finance Minister will amend SARS Act once Nugent inquiry wraps up

Finance Minister Nhlanhla Nene will delay introducing draft legislation containing amendments to the SARS Act pending the outcomes of the Nugent Commission’s inquiry into the tax authority’s governance, Parliament heard. National Treasury’s head of tax and financial sector policy Ismail Momoniat on Thursday updated the Standing Committee on Finance on policy developments. He as well […]

Turkey will emerge stronger from lira crisis, finance minister tells investors

Turkey will emerge stronger from lira crisis, finance minister tells investors

ISTANBUL (Reuters) – Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting that the country’s banks were healthy. FILE PHOTO: A 100 Turkish lira banknote is seen on top of 50 Turkish lira banknotes in this picture illustration in Istanbul, Turkey August 14, 2018. REUTERS/Murad […]