Latest News for: Monetary authority

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(W.E. Talk) Joseph Yam Chi-kwong: How can Hong Kong maintain its competitiveness as an international ...

ECNS 28 May 2023
Before the return of HK to China, the Monetary Authority had already made a lot of preparations for safeguarding financial security and monetary stability, including the introduction of the "New Accounting Arrangement" in 1988 and the "Real Time Gross Settlement " in 1996, so that the Monetary Authority was able to control the monetary base.
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IMF Urges Tinubu to Broaden Nigeria’s Sources of Income

This Day 28 May 2023
The International Monetary Fund (IMF) has encouraged the incoming administration of Bola Tinubu to broaden the nation’s sources of income ... A Senior Research and Policy Analyst at the Nigerian startup BudgIT, Vahyala Kwaga, also encouraged the next administration to redress the imbalance between the fiscal and monetary authorities ... .
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Buhari’s Footprints in the Economy

This Day 28 May 2023
Investments in Rail Transportation ... Milestones in Road Construction ... Fiscal Trade, Monetary, and Investments Reforms. The Nigerian Sovereign Investment Authority (NSIA) has seen total additional inflows from the government of around US$2 billion under the Buhari Administration – since the original US$1 billion which the Fund kicked off in 2012 ... .
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Hunt: Britain’s priority is to fight inflation, even in the face of deflation

The Eastern Herald 27 May 2023
The finance minister was keen to show his agreement with the monetary authorities after the panic which raged in the financial markets under the reign of Prime Minister Liz Terrace, who criticized the policies of the Bank of England and revealed a huge unfunded budget.
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Brazil's Haddad argues country is ready for interest rate cuts

Reuters 27 May 2023
"We are about to. ... The monetary authority has held Brazil's benchmark interest rate at 13.75% since September ... Haddad, along with the central bank's Campos Neto and Lula's planning minister, sits on the National Monetary Council, which will discuss Brazil's inflation goals in a meeting in June ... Our Standards ... Read Next ... ....
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Lebanon vows to take steps to fix finance sector deficiencies, avoid ‘grey listing’

The Arab Weekly 27 May 2023
BEIRUT. Lebanon will work over the next year to address “deficiencies” in policing corruption identified by a financial crime watchdog, the country’s financial intelligence unit said on Friday ... Its authorities are struggling to implement reforms to secure a deal with the International Monetary Fund for a bailout ... .
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Buhari Years: Expanding Debt Without Accountability

This Day 27 May 2023
It is a well-known approach as extra-budgetary support from monetary authorities and is usually laid with conditions for fiscal consolidation or operational efficiency ... It behoves the next administration to check the overwhelming presence of the monetary institution; else, we ...
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Universal Monetary Unit (UMU), Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa

Longview News-Journal 26 May 2023
WASHINGTON, May 26, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced it is piloting a self-custody and completely private point-to-point digital cash implementation of Unicoin in Latin America and Africa ... About the Digital Currency Monetary Authority (DCMA) – ... SOURCE Digital Currency Monetary Authority.
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India is once again making money a playthingIn trying to actively flush out the embarrassing ...

Deccan Herald 26 May 2023
By Andy Mukherjee ... But it did shake the foundation on which any nation’s monetary edifice rests ... Ignorance is bliss ... Other monetary authorities, too, periodically refresh their decks ... What it means is that the Monetary Authority of Singapore no longer issues those denominations ... 30 ... 30,” he said ... This views expressed in this article are the author's own.
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Central bankers face a balance sheet reckoning

Reuters 26 May 2023
Besides, losses erode both the credibility and independence of monetary authorities, making it harder for them to fulfill their inflation-fighting mandate ... They don’t exist to make profits or avoid losses, but to conduct monetary policy ... The Thomson Reuters Trust Principles.Opinions expressed are those of the author.
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India is once again making money a plaything

Financial Express 26 May 2023
For the second time in recent years, India seems to have disregarded this maxim ... Follow Us ... But it did shake the foundation on which any nation’s monetary edifice rests ... Ignorance is bliss ... Other monetary authorities, too, periodically refresh their decks ... What it means is that the Monetary Authority of Singapore no longer issues those denominations ... 30.
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Brazil cenbank chief says new fiscal bill good sign for inflation

Reuters 26 May 2023
Speaking to television channel Globo News, Campos Neto did not say when the benchmark Selic interest rate could be cut, adding he is just "a vote of nine" on the monetary authority board. He maintained that he expects to serve his full term until 2024, amid government criticisms of the bank's monetary policy ... Our Standards ... Read Next.
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Central African Republic's Economic Growth: The Consequences Of Bitcoin Adoption

MENA FN 26 May 2023
(MENAFN - eTrendy Stock) The global financial authority, the International Monetary Fund (IMF), has projected an upswing of 2.2% in GDP growth for the Central African Republic (CAR) while noting ... .
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Lebanon to take steps to fix finance sector shortfalls - Finance Intelligence Unit

Middle East Monitor 26 May 2023
Its authorities are struggling to implement reforms to secure a deal with the International Monetary Fund for a bailout ... A draft seen by ....

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