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China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.
China’s finance minister says there’s room to boost economy, but offers no plan
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said Saturday, but he stopped short of unveiling a major new stimulus plan that analysts
Follow China’s Finance Ministry Briefing on Stimulus: Live Blog
Other policy support to watch include: Whether there will be a shift in government spending toward stimulating consumers and families from the traditional mainstay of infrastructure investment Any help for the troubled housing market, such as expansion in a program that allows local governments to buy unsold homes
China’s finance minister says there is room for more economic stimulus but offers few details
China’s finance minister on Saturday said the country will “significantly increase” debt issuance to counter slow economic growth, stabilize the property market, top up the capital of state banks, and offer help to poorer people.
China’s bold move to stimulate economy? Takeaways from Finance Ministry’s press conference
Finance Minister Lan Foan said Beijing will help local governments with their debt, give subsidies to low-income individuals, support the property market, and replenish state banks’ capital.
5d
on MSN
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
China's Minister of Finance Lan Fo'an told reporters during a briefing that the central government has room for a deficit ...
Daily Post Nigeria on MSN
1d
Nigeria spends increased revenue on cash transfers – Finance Minister Edun
Nigeria's Minister of Finance, Wale Edun, said the country is spending its increased revenue on social investment, such as ...
2d
Irish finance minister favours retaining budget spending rule
Ireland's finance minister said on Wednesday he would favour the next government retaining a budget rule that would cap ...
BusinessGhana
2d
Finance Minister welcomes Moody’s upgrades
The Minister of Finance, Dr Mohammed Amin Adam, has welcomed the positive ratings assigned Ghana’s economy by Moody’s, a ...
4d
South African Former Finance Minister Tito Mboweni Dies at 65
JOHANNESBURG (Reuters) - South Africa's former finance and labour minister and first Black central bank governor Tito Mboweni ...
8h
on MSN
Thai Finance Minister says still wants higher inflation target after rate cut
Thailand's government still wants to see a higher inflation target that will push up prices, the finance minister said on ...
The Jakarta Post
2d
Businesses hope for Sri Mulyani’s return as finance minister
After a meeting with the president-elect in Jakarta on Monday, Sri Mulyani said Prabowo had asked her to serve as finance minister again.
11h
on MSN
Labour minister meets employee associations of gig workers to discuss health insurance, pension benefits
Labour minister Mansukh Mandaviya on Thursday met with employee associations of gig and platform workers to discuss possible ...
3d
Indonesia's Prabowo asks Sri Mulyani to remain as finance minister
Indonesia's incoming president, Prabowo Subianto, has asked current finance minister Sri Mulyani Indrawati to remain in her ...
Arutz Sheva
1d
UK to sanction Finance Minister Smotrich and National Security Minister Ben Gvir
Keir Starmer responds to Ed Davey, 'UK considering sanctions for Finance Minister Smotrich and National Security Minister Ben ...
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