Finance

Without delay, the Congolese National Assembly on Thursday, December 3, adopted the Finance Bill 2021, which allocates a budget slightly higher than the revised budget for 2020, a year marked by explosive budget overruns in political institutions. . A budget, really, less applauded, but realistic according to the authorities.…

Wally Adeyemo, 39, was born in Nigeria and raised in the United States. He was appointed on Monday by President-elect Joe Biden. He is the first African-American Deputy Secretary of the Treasury. Wally Adeyemo was born in Nigeria and grew up in Los Angeles, California. Academically, this kid had a flawless career: he…

From Madagascar, from today to 3 December 2020, the first regional business forum on the island must be held. On this occasion, the locked region of Atsimo-Andrefana, furthest south of the island, was chosen to host the very first edition. Two hundred participants are therefore expected in the city of Tulear, economic actors, project managers, representatives of ministries and local authorities but also…

Madagascar's civil society is reacting after the adoption, late in the evening on Friday 27 November, of the deputies 2021. This text, which will regulate the country's public spending for the coming year, was validated by the lower house, mostly pro-regime, after only three hours of debate in the House and an amendment. Members of the opposition party TIM boycotted the vote. The ROHY platform, which…

Tax evasion costs Africa more than $ 25 billion a year, according to a study by a network of NGOs, including the Global Alliance for Tax Justice. At a time of the fight against the Covid-19 pandemic, this flight is considered "unacceptable", in fact it reduces the revenue that African countries could devote to their health.…

In the Democratic Republic of the Congo, the Swedish Financial Supervisory Authority (IGF) announced yesterday, Wednesday 18 November, the results of five investigative missions. As a result, scandals over alleged embezzlement of public funds, especially in connection with teachers' salaries or the Bukanga Lonzo agro-industrial park, were considered the biggest investment scandal for ex-President Joseph…

The hope of a resumption of travelers' arrival was quickly swept away by the second wave of the Covid-19 pandemic in the countries from which tourists travel. The sector, which represents about 14% of Tunisia's GDP, is therefore on its knees. In Tunisia, on Monday 16 November, the government announced support for the tourism…

The French-Ivorian banker Tidjane Thiam was recruited by Rwanda to develop the attractiveness of its monetary sector. The previous head of Credit score Suisse has been appointed Chairman of the Board of Rwanda Finance Restricted, a state-owned firm whose mission is to make Kigali a world monetary heart. as reported from Kigali,…

For the financial year 2021, the government intends to intensify the fight against corruption and embezzlement of public funds while promoting the tax culture in order to replenish the treasury and finance public policy. DRC: Prime Minister Sylvestre Ilunga Ilunkamba talks about the 2021 budget Pascal Mulegwa .

The G20 finance ministers have adopted a new framework that will make it possible to reduce, or even eliminate, some of the debt of the poorest countries in the world. One week before the next G20 summit, finance ministers have decided to go beyond the current moratorium on the debts of poor countries, a moratorium extended to June 2021, but not enough, while some countries in the south are already…