DARK SECRETS: 5 | Vintage Vibes

Centre releases ₹1.18 lakh cr as third instalment of tax devolution to states in June

The Centre has released ₹1.18 lakh crore as the third instalment of tax devolution to states in June, the Finance Ministry said on Monday.

The Hindu · Jun 12, 2023

Israel Poised To Release World’s First Digital Government Bond

The Tel Aviv Stock Exchange (TASE) and Israel’s Finance Ministry prepare for a digital Israel Bond traded on blockchain platform.

Zenger · Jun 8, 2023

Andhra Pradesh: Union government lifts component-wise ceiling on payments in the execution of Polavaram irrigation project

This restriction has been hampering funds flow from the Central government, and with the cap going, the State government will be able to expedite the execution of the project, says Shashibhushan Kumar, Principal Secretary, Water Resources Department

The Hindu · Jun 8, 2023

Government revenue beats target amid growth

The Finance Ministry reported government revenue collection for the first seven months of fiscal 2023 (October to April) exceeded the target by 112 billion baht, mainly contributed by agencies other than the Revenue Department, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Bangkok Post · May 23, 2023

Leading the economy

The business sector is calling for the new government to appoint appropriate leaders to take the helm at economic ministries, in particular the Finance Ministry, as they want to see the country progress without interruption amid several internal and external challenges.

Bangkok Post · May 21, 2023

MFP needs solid team

Statistically, it is often observed that after a general election, the stock index experiences a significant jump, reflecting the heightened confidence of investors once the political scene becomes clearer.

Bangkok Post · May 21, 2023

Finance Ministry waives duty and agri cess on crude soybean, sunflower oil imports

The finance ministry has exempted imports of crude soya bean and sunflower oil from basic customs duty and agriculture infrastructure and development cess till June 30, subject to certain conditions.

The Hindu · May 11, 2023

Lula pick for Brazil central bank key role says he doesn't always agree with governor

Brazil's executive secretary of the Finance Ministry, Gabriel Galipolo - who is due to be nominated for a key role at the country's central bank - said on Tuesday he has good relations with central bank Governor Roberto Campos Neto but does not always agree with him.

Reuters · May 9, 2023

Ministry sets targets for tax reform

The Finance Ministry has set four targets for tax reform, aiming to boost revenue to cover expenses and deal with future economic uncertainties, says Fiscal Policy Office director-general Pornchai Thiraveja.

Bangkok Post · May 4, 2023

Targeted approach utilised for aid

The Finance Ministry has continued to maintain its targeted fiscal policy, including the provision of financial aid directly to specific groups, helping the country save on budget spending, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

Bangkok Post · May 1, 2023