Saudi Finance Minister Mohammed Al-Jadaan revealed that the Kingdom may incrementally decrease its energy subsidies, and will take longer to achieve a balanced budget, since it is seeking to mitigate the impact of its drive to achieve public finance reform.
In an interview on Thursday with Bloomberg in Washington, broadcast by Al Hayat TV channel, Al-Jadaan, on the sidelines ofRead more
Budget carrier IndiGo on Monday announced special fares starting at Rs999 on domestic and international sectors during the summer vacations.
The three-day special scheme commences Monday and will be offered till April 12. It will be applicable for travel between May 1 to June 30 on specific destinations, the airline said.
The special fares will be offered on first-come-first- serveRead more
Decorating your place is always tricky. You are faced with many obstacles. You have to pick something that fits your apartment size and colors. It has to be pretty and you have to like it. You also need it to be the best choice within your budget limits. Moreover you will be faced with a vast variety to choose from.Read more
Children grow up so fast. As they do, those bills grow up right along with them - often faster than you can bring more money in, right? Yes, your budget is tighter than ever before, but you certainly don’t want to sacrifice the fun things you do as a family just because of money. The good news is that youRead more
Looking for a new set of wheels can bring a roller coaster ride of emotions for everyone no matter how experienced they are. It is one of those “big life purchases” that everyone wants to get just right, as there is no safety net of a “14-day return policy.”
With so much to consider, GMC recommends seven rules that willRead more
The Board of Trustees of the National Centre of Meteorology & Seismology, NCMS, has held a meeting to discuss its organisational structure, as well as to review its 2016 accounts and budget for 2017.
The meeting was chaired by Ahmed Juma Al Za'abi, Deputy Minister for Presidential Affairs and the Chairman of the Board of Trustees of the Centre. TheRead more
Oman government plans to bring in a series of measures for effective fiscal discipline, which include formation of a special cell within the finance ministry for building a ‘fiscal model’ for public finance, a separate unit for public debt management and efforts to improve credit rating.
An important decision, which was announced as part of State Budget 2017, was formationRead more
The Sharjah Consultative Council (SCC), chaired by Khawla Abdul Rahman, will hold its 7th session of the ninth legislative chapter on Monday.
After the endorsement of minutes of the previous session, the council will discuss a draft law on the budget for the departments and entities of the Government of Sharjah for the fiscal year 2017, and the report fromRead more
The Nigerian government on Tuesday said it was working on a plan to generate and inject large amount of funds, principally in foreign currency, estimated at 10 to 15 billion U.S. dollars into the economy.
In a statement made available to Xinhua in Lagos, Minister of Budget and National Planning, Udoma Udo Udoma, said the government has also designed aRead more
South Korea's parliament on Friday passed the extra budget plan after the ruling and opposition parties finally reached a compromise on expenditure of the money will be spent, South Korean news agency Yonhap reported.
The two parties have been debating over the 11 trillion won ($9.82 billion) bill's usage and what endeavors it should support. They reached an agreement afterRead more