Fiscal - eriinfo

Africa

Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

eriinfo.com3 weeks ago010 mins

STORY HIGHLIGHTS Beginning in 2019, the World Bank supported a comprehensive reform program that established Ethiopia’s first state-owned enterprises (SOEs) database, while strengthening oversight and updating the legal and governance framework. The SOEs have shifted from absorbing public funds to generating them, contributing a combined ETB 117 billion (approximately $720 million) to the national budget…

Rimini Street Announces Fiscal Fourth Quarter and Annual 2025 Financial and Operating Results

eriinfo.com2 months ago021 mins

About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts…

India’s finance minister sees modest fiscal consolidation in budget

eriinfo.com3 months ago03 mins

India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to…

Africa

Africa: The High Cost of Politics – Enabling Corruption and Fiscal Indiscipline in Africa

eriinfo.com3 months ago011 mins

Elections are fundamental to democracy but their financial implications are escalating. Between now and 2027, many African countries, including Nigeria, Kenya, and Congo, will hold elections. This is at a time when the rising cost of politics and campaign spending is rapidly changing the electoral landscape across the continent, with implications for democracy’s health. Campaigns,…

Africa

Africa: The High Cost of Politics Enables Corruption and Fiscal Indiscipline in Africa

eriinfo.com4 months ago02 mins

The escalating costs of elections in Africa foster corruption and fiscal irresponsibility, undermining democracy and enabling elite control over politics, with dire consequences for public welfare. Elections are fundamental to democracy, but their financial implications are escalating. Between now and 2027, many African countries, including Nigeria, Kenya, and Republic of the Congo, will hold elections….

Africa

Africa: Nigeria’s Path to Fiscal Transparency and Accountability

eriinfo.com4 months ago06 mins

Abuja — The World Bank today released the Fiscal Governance Reform in Nigeria: Lessons from the State Fiscal Transparency, Accountability and Sustainability Program (SFTAS), a report reviewing one of Nigeria’s most significant subnational fiscal reform initiatives. The report offers an in-depth analysis of how the SFTAS Program, implemented between 2018 and 2022, strengthened fiscal transparency,…

Reserve Bank flags crypto as a possible risk to fiscal stability

eriinfo.com5 months ago07 mins

The South African Reserve Bank has flagged cryptocurrencies as a new risk to domestic fiscal stability. It said this in the second edition of its Financial Stability Review for 2025, which covers the six-month-period from June to November. In a presentation on Tuesday, Nicola Brink, head of department for financial stability at the Reserve Bank,…

Africa: Sub Saharan Africa: Steady Growth Amid Fiscal Challenges

eriinfo.com5 months ago08 mins

Increasing government revenue and better managing debt can help foster resilience and accelerate growth Over the past six months the realignment of global priorities and increasingly turbulent external conditions have continued to test sub-Saharan Africa. Yet the region’s economies are proving resilient. As our recent economic outlook for the region shows, economic growth is projected to hold…

Africa

Africa: Tax-Free Entry Level Smartphones in Africa – a Policy Lever for Digital Inclusion or a Fiscal Tightrope?

eriinfo.com5 months ago07 mins

At the recent Mobile World Congress (MWC) in Kigali, a bold proposal took centre stage: African telecom operators and government leaders called for the removal of import duties and VAT on smartphones priced under $100. This clarion call came with the aim to accelerate internet access, digital skills, and participation in the digital economy for…

Sanae Takaichi win jolts Japan bonds as traders brace for looser fiscal stance

eriinfo.com7 months ago06 mins

Atlantide Phototravel | Corbis Documentary | Getty Images Japan’s government bond market, long shielded by the Bank of Japan’s yield curve control and decades of deflation, faces a test of faith under Sanae Takaichi, who is set to be the country’s first female prime minister. Markets are betting that Takaichi, who won the race to…