GFIN

Turkey taking steps to permanently lower inflation, finance minister says – Reuters.com

ISTANBUL, April 4 (Reuters) – Turkey is taking steps to permanently lower inflation, which will show a lasting fall by year-end, Finance Minister Nureddin Nebati said on Monday after annual consumer inflation hit a new 20-year high. Fuelled by rising energy and commodity prices following the Russia-Ukraine war and compounded by the impact of a …

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Russia paid coupons on seven OFZ bond issues -finance ministry – Reuters

Pedestrians walk past Russia’s Finance Ministry building in Moscow, Russia March 30, 2021. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Russia’s finance ministry has paid 50.2 billion roubles ($616 million) in coupons on seven OFZ treasury bond issues, data on its website showed. The payments come as …

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Mexican economy seen growing 3.4% in 2022, says finance ministry – Reuters

April 1 (Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed on Friday, as Latin America’s second-largest economy claws back losses from the COVID-19 pandemic. The ministry said in a published budget document that it expects the economy to …

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India to continue oil purchases from Russia – finance minister – Reuters

India’s Finance Minister Nirmala Sitharaman attends a joint news conference with U.S. Treasury Secretary Steven Mnuchin in New Delhi, India, November 1, 2019. REUTERS/Adnan Abidi Register now for FREE unlimited access to Reuters.com Register NEW DELHI, April 1 (Reuters) – India’s finance minister on Friday said New Delhi would continue to purchase crude from Russia …

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Russia steps up economic retaliation with Eurobond rouble buyback offer – Reuters.com

A Russian rouble banknote is seen in front of a descending and rising stock graph in this illustration taken March 1, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Eurobond rouble payment offer revives default fears Moscow does not say if bondholders must take roubles Russia has already demanded gas payments …

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Turkish parliament to debate finance sector corporate tax rise – Reuters.com

Turkish President Tayyip Erdogan addresses members of parliament from his ruling AK Party (AKP) during a meeting at the Turkish parliament in Ankara, Turkey, January 15, 2019. REUTERS/Umit Bektas Register now for FREE unlimited access to Reuters.com Register ANKARA, March 28 (Reuters) – The Turkish parliament will start debating a draft law this week under …

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Russian finance ministry halts forex, gold purchases for 2022 – Reuters

A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011. REUTERS/Kacper Pempel/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, March 3 (Reuters) – Russia’s finance ministry said on Thursday that it was halting purchases of foreign currency and gold for this …

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Portuguese PM picks former Lisbon mayor as new finance minister – Reuters.com

Portugal’s Prime Minister Antonio Costa speaks during a news conference to announce the gradual lifting of lockdown measures amid the coronavirus disease (COVID-19) pandemic, at Ajuda Palace in Lisbon, Portugal, March 11, 2021. REUTERS/Pedro Nunes/File Photo Register now for FREE unlimited access to Reuters.com Register LISBON, March 23 (Reuters) – Portugal’s Prime Minister Antonio Costa …

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German fiscal policy to stave off stagflation, finance minister says – Reuters.com

Says govt will apply fiscal tools to avoid stagflation Says can’t rely on ECB to drive growth Need self-sustaining growth and to lead state out of debt BERLIN, March 22 (Reuters) – The German government will tailor its public spending plans to avoid stagflation in Europe’s biggest economy and keep at bay the risk of …

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Sri Lanka govt panel says international financial assistance needed – Reuters

A general view of an office and apartment complex in the business district of Colombo, Sri Lanka, September 9, 2020. REUTERS/Dinuka Liyanawatte Register now for FREE unlimited access to Reuters.com Register COLOMBO, March 21 (Reuters) – A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry must form a …

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