Indonesia s COVID-19 vaccination program ranks 11th worldwide
24th May 2021 1 hour ago
Finance Minister Sri Mulyani Indrawati. (ANTARA/HO-Kemenkeu/pri. (ANTARA/HO-Kemenkeu) Jakarta (ANTARA) - Finance Minister Sri Mulyani Indrawati expressed pride while highlighting that Indonesia s COVID-19 vaccination program was ranked 11th internationally, with 24.84 million doses of the vaccine administered to the public. Indonesia is ranked 11th globally (in the COVID-19 vaccination program), with 24.84 million vaccines injected to the public, Indrawati remarked at the KiTA National Budget Press Conference, here on Tuesday.
The minister pressed to carry forward this achievement, particularly in the wake of a disruption to vaccine supplies worldwide in the wake of a sharp spike in the number of COVID-19 cases in India.
PEN budget realization reached Rp183.98 trillion until May 2021 25th May 2021
Documentation - Finance Minister Sri Mulyani Indrawati. (ANTARA/HO-Kemenkeu-Faiz/pri) Jakarta (ANTARA) - Budget realization for the National Economic Recovery Program (PEN) had reached Rp183.98 trillion until May 21, 2021, or 26.3 percent of the budget ceiling of Rp699.43 trillion, according to Indonesian Finance Minister Sri Mulyani Indrawati. (Budget realization for) the 2021 PEN program had reached Rp183.98 trillion from (the budget ceiling of) Rp699 trillion, or 26.3 percent, the minister stated at the KiTA National Budget Press Conference here on Tuesday.
Of the total budget realized for the PEN program, the realization of budget allotted to the health sector had reached Rp31.64 trillion, or 18 percent of the budget ceiling of Rp172.84 trillion.
Why India continues to fight the Vodafone, Cairn Energy retrospective tax battles
Why India continues to fight the Vodafone, Cairn Energy retrospective tax battles
While two recent international decisions against India’s retrospective taxes tell one story, there is another side which ought not to be ignored.
Manu Sanan 10 March, 2021 2:50 pm IST Text Size:
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Among the many fiscal challenges India faces this budget season, one relates almost entirely to how the law is read on retrospective taxation. What hangs in balance is over Rs 50,000 crore, or more, that may be owed to the exchequer by Cairn Energy Plc and Vodafone BV. While two international tribunals have recently ruled against India in both the above disputes, there is much that belies these seemingly one-sided legal contests.
Supermarkets turn down business rates relief holiday
The UK’s biggest supermarkets have announced they will turn down offers of a business rates holiday, despite Chancellor Rishi Sunak extending the exemption until the end of June as part of today’s Budget.
Supermarkets were pilloried last year for accepting the rates holiday announced after the first lockdown
Food and drink manufacturers praise Budget
FDF chief executive Ian Wright welcomed the extension of the furlough scheme, the doubling of incentive payments for businesses hiring apprentices and Sunak’s intention not to increase the cost of living, although he said the government should also review ”proposed regulatory changes that will increase food prices.”
Govt to borrow big for nearly ₹35 trillion Budget
FM Nirmala Sitharaman. (Photo: Ramesh Pathania/Mint)
3 min read
Vrishti Beniwal,
, Bloomberg
Fueled by a bigger-than-expected spending deficits and borrowing, as well as sales of govt assets and dividends from state firms, the ₹35 trillion ($480 billion) budget sent bonds tumbling and stocks rallying.
It also aims to bolster the nation’s financial stability, including setting up a company to manage a growing pile of bad loans
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India unveiled a spending plan worth almost a half-trillion dollars as Prime Minister Narendra Modi’s government seeks to dig Asia’s third-largest economy out of a pandemic-induced slump.