Nigeria: NASS Passes 2021 Budget, Jerks Up Figure By N505bn allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
December 20, 2020
The real dilemma of the PTI government is that it has no plan short-, medium- and long-term to overcome fiscal maladies
For Pakistan the main challenges on the fiscal front for 2021, just a few days away, are not only the revival of the economy amid rising human and financial toll of Covid-19 pandemic, but also how to manage the mounting debt burden and meeting revenue targets fixed for the fiscal year 2020-21.
According to a recent report, the PTI government has “added Rs 397 billion in public debt during the first four months of the current fiscal year, which is contrary to a claim” allegedly made by Prime Minister Imran Khan and Finance and Revenue Minister Dr Abdul Hafeez Shaikh. It is claimed in the State Bank report that public debt of Rs 35.1 trillion in June 2020 “increased to Rs 35.5 trillion by end-October.”
SKNVibes | Nevis Appropriation (2021) Ordinance, 2020 passes unanimously at Nevis Island Assembly sitting sknvibes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sknvibes.com Daily Mail and Mail on Sunday newspapers.
consumer confidence is rising, gregg, especially when you look at the numbers. some of the analysts we talked to say that holiday spending is projected to be up about 7% this year over last. e commerce has risen 15% this year. that is all of the internet sales. a lot of folks don t even step foot this a store anymore. economists tell us there are several reasons we re seeing promising numbers this year. many retailers are offering a big deals to lure people to their stores. but as we also know, unemployment numbers have dropped this year. and fewer folks are in debt because of the economic down turn. not overextended as much, leaving more cash for things like christmas. consumers have reduced their debt servicing burdens immensely over the past three years. we now see the consumer debt servicing burden or installment credit payments relative to income the lowest it s been in