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The South African finance ministry has announced there will be no increase to value-added tax (VAT) slated for May 1, as initially proposed in the 2025 budget. The decision follows …
South Africa Withdraws Planned VAT Increase Amid Political Opposition Read More
President Luiz Inacio Lula da Silva proposes to exempt workers earning less than BRL5,000 from income tax, affecting 13.4 million workers. This fiscally neutral reform intends to boost his popularity …
Brazil’s Lula Proposes Tax Cuts for Middle Class to Boost Popularity Read More
Colombian Finance Minister Diego Guevara resigned after budget disputes with President Gustavo Petro, highlighting concerns over the country’s public finances. Guevara’s departure follows legislative rejections of labor reforms and reflects …
Colombia’s Finance Minister Resigns Amid Budget Disputes with President Read More
Brazil’s government has retained its GDP growth estimate at 2.3% for 2025, while revising its inflation projection to 4.9%. The central bank is expected to raise interest rates to combat …
Brazil Government Maintains 2025 GDP Forecast Amid Higher Inflation Expectations Read More
Brazil’s government keeps 2025 GDP growth forecast at 2.3% and raises inflation estimate to 4.9%. Economic growth is expected to slow later in the year. Central bank plans a rate …
Brazil Maintains 2025 GDP Forecast Amidst Higher Inflation Expectations Read More
Colombia’s Finance Minister Diego Guevara is reportedly set to leave amid disagreements with President Gustavo Petro, though the finance ministry denies having official information about it. Guevara’s departure could exacerbate …
Colombia’s Finance Minister Reportedly Set to Depart Amid Disagreements Read More
Colombian Finance Minister Diego Guevara resigned amid budget disputes with President Gustavo Petro, just hours after lawmakers rejected a labor reform. His departure raises concerns regarding public finances and political …
Colombia’s Finance Minister Resigns Amid Budget Disputes with President Petro Read More
Colombia’s Finance Minister, Diego Guevara, may resign amid disagreements with President Petro. The finance ministry has no official information confirming this. The Colombian peso has declined following these reports. The …
Colombia’s Finance Minister Reportedly Set to Resign Amid Disagreements Read More
Kenya and the IMF will discuss a new lending programme as they abandon the ninth review of the existing $3.6 billion loan. Rising debt-servicing costs have necessitated continued financial support. …
Kenya and IMF Initiate Talks for New Lending Programme Read More
Kenya and the IMF have decided to start formal talks on a new lending programme, abandoning the ninth review of the existing $3.6 billion loan. Continuing support is crucial for …
Kenya and IMF Initiate Talks for New Lending Programme Following Loan Review Abandonment Read More