Tag: Public Finance
China extends tax reach to offshore wealth as fiscal pressure grows
China is imposing a 20% tax on dividends and interest from offshore trusts, with a 90-day transition period ending on…
New Romanian VAT refund criteria widen scrutiny of firms seeking refunds
Romania’s CCF says ANAF Order 1123/21.09.2026 may delay VAT refunds by applying new risk criteria to otherwise compliant firms.
Minority seeks independent audit over GH¢16.4m in evacuation records
Ghana’s Minority caucus says records for a GH¢49.72 million South Africa evacuation leave more than GH¢16.4 million requiring explanation.
Romania receives more than €301m from suspended PNRR payment request
Romania received more than €301m from the PNRR’s third payment request, including €298.6m in non-repayable grants, after commitments were completed.
PAC questions GH¢14.88m in payments processed outside GIFMIS
Ghana’s Public Accounts Committee questioned the Central Regional Coordinating Council over payment vouchers totalling GH¢14,882,540.98 processed outside GIFMIS.
England’s planned devolution prompts new scrutiny of mayors’ spending
Ministers are considering stronger reporting, a new audit body and possible recall powers as England prepares to devolve more income…
Brussels challenges Ireland’s bond tax exemption
The European Commission has opened an infringement procedure over Ireland’s exemption for gains on Irish government bonds, while other EU…
Romania’s proposed fiscal reform would reunite tax and customs authorities
A government programme sent to Parliament proposes merging ANAF and the Romanian Customs Authority, with risk-based controls and shared fiscal…
EU approves nearly €3bn Ukraine payment tied to 10 targets
The EU Council approved Ukraine’s eighth periodic payment under its Ukraine Facility, with €800m coming from a loan-support instrument.
GoldBod report puts 2025 net supply gap payable to BoG at GH¢3.78bn
GoldBod received GH¢133.26bn in 2025, but supplied the Bank of Ghana gold valued at GH¢128.55bn, leaving a reported GH¢3.78bn balance.
Controller of Budget says standalone funds lack spending visibility
Kenya’s Controller of Budget says her office cannot track spending from standalone funds, including the National Infrastructure Fund and Sovereign…
Puebla descarta deuda para el aeropuerto y el Cablebús
Puebla financiará con recursos presupuestarios la modernización de su aeropuerto y las cuatro primeras líneas del Cablebús, previstas para noviembre…