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Latest Finance Ministry Stories

2009-07-13 22:10:35

China's fiscal revenues in June jumped 19.6 percent to $100.5 billion from the same month of last year, the Finance Ministry said. The June growth far exceeded that of May, when revenues rose 4.8 percent from the same month of last year to $96.05 billion. The ministry said revenues for the first six months of the year, however, fell 2.4 percent to 3.398 trillion yuan ($497.32 billion), China's state-run Xinhua news agency reported. China's expenditures in the first six months of this year...

2008-12-16 07:00:51

South Korea, relying on steps taken to stimulate the economy, is hoping for a 3 percent growth next year, despite the global slowdown. The Strategy and Finance Ministry announced the 3 percent GDP growth target Tuesday, pointing to various programs including deregulation, tax cuts and increased state spending. The ministry said as much as 65 percent of next year's fiscal spending will be spent in the first six months, Yonhap news agency reported. The growth rate is the figure that Seoul wants...

2008-10-23 03:00:37

Japan's September trade surplus fell 94.1 percent from the same month of last year to 95.1 billion yen or $974 million, the Finance Ministry said Thursday. The September numbers, helped by growing exports to Russia and the Middle East, were, however, an improvement over August when the trade balance turned into red, the ministry said. Total September exports rose 1.5 percent to 7,367.8 billion yen or $75.47 billion, Kyodo news reported. However, September imports grew 28.8 percent for the...

2008-09-05 21:00:19

MOSCOW. Sept 5 (Interfax) - The Russian Energy Ministry is drafting proposals on raising the nontaxable cut-off price for oil to $25 from $15 a barrel from 2010, Deputy Energy Minister Stanislav Svetlitsky told reporters. Svetlitsky said the ministry did not think the Finance Ministry's approved initiative to raise the non-taxable NRET threshold to $15 from $9 a barrel went far enough. "The Finance Ministry estimates that the tax burden on the oil industry is 60% of revenue, but we think...

2008-08-31 12:00:27

Text of report by Bosnian Serb state-owned daily Glas Srpske, on 26 August [Report by Svetlana Dusanic: "Russian Buyer Fulfilled Obligations" p3] Banja Luka: The Russian buyer NeftGazInkor has fulfilled all the obligations toward the Serb Republic Government from the agreement on the purchase of the Serb Republic oil industry, Glas Srpske has learned from the Serb Republic Finance Ministry. So, we can expect the first litres of petroleum products to be produced in the Bosanski Brod...

2008-08-08 12:00:45

Text of report by Iraqi Media Network weekly newspaper Al-Sabah on 27 July [Report by Sa'di Ghazalah in Baghdad: "The Health Ministry Distributes 3,000 Jobs to its Departments."] The Health Ministry has ordered the suspension of appointing and reappointing employees, except physicians, dentists, pharmacists, and nurses. The ministry also asked for stopping appointments under contracts, since it has provided its departments with 3,000 jobs it has recently obtained from the Finance Ministry...

2008-07-22 03:00:38

Text of report in English by Vietnamese news agency VNA website Hanoi (VNA) -The retail price of lead-free RON 92 petrol increased 4,500 VND to 19,000 VND per litre as from 10 a.m. on July 21, said the Finance Ministry and the Ministry of Industry and Trade at a press conference in Hanoi in the morning of July 21. The prices of some kinds of oil and kerosene have also risen between 2,000-6,100 VND per litre. Speaking at the press conference, Deputy Prime Minister Hoang Trung Hai said...

2008-06-30 03:02:50

Text of report by Baqir Sajjad Syed headlined "UK alleges misuse of aid given for polio vaccine" published by Pakistan newspaper Dawn website on 30 June Islamabad, June 29: Britain has protested over what it calls misuse by the Finance Ministry of the 15 million assistance for procuring polio vaccine, according to sources in the British High Commission. The issue is likely to affect another 280 million British aid Pakistan expects to get under the National Health Facility Part-II for the...

2006-08-11 09:26:36

MEXICO CITY (Reuters) - Two thousand leftist demonstrators blocked access to Mexico's main tax office in the center of the capital on Friday in a fresh protest over alleged fraud in the July 2 presidential election. Protesters waving banners in support of leftist candidate Andres Manuel Lopez Obrador surrounded the building, run by the Finance Ministry, and prevented employees from entering. Leftists have targeted banks and highway toll booths this week in protests to demand a...

2006-04-24 10:36:59

By Jonathan Saul JERUSALEM (Reuters) - Tens of thousands of Holocaust survivors in Israel are living in poverty because they are not getting enough help from the Jewish state, social welfare groups said on Monday. The Finance Ministry said the government allocates 1.5 billion shekels ($330 million) a year to Holocaust survivors, giving them payments "far higher" than the social security allotments received by other elderly Israelis. But, providing figures on the eve of Israel's...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.