Venezuela's government estimates income from crude exports will finance 61% of its national budget next year, according to a document seen by Reuters, as U.S. sanctions complicate sales by state oil company PDVSA .
Pakistan will end most exemptions on sales tax so that all sectors pay a uniform 17% as part of a package of belt tightening measures aimed at securing approval for a $1 billion tranche of IMF funding, officials said on Friday.
Tanzania expects its overall spending to rise 7% in the fiscal year from June 2022 to July 2023 fiscal year and economic growth to jump in 2022, its finance minister said.
U.S. investment bank Moelis and Dubai lender Emirates NBD have been hired to advise on the initial public offering (IPO) of Dubai Electricity & Water Authority (DEWA), sources familiar with the matter said.