Finance committee travels province

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The Select Standing Committee on Finance and Government Services announced today its plans for conducting provincewide budget consultations. The process will be based on the Budget 2011 Consultation Paper, which will be presented by the Minister of Finance to the Committee on September 15. “We encourage interested individuals and organizations to make a contribution to this important process …

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Japan Finance Minister Noda Says Coordinating Yen Intervention `Difficult’

Japanese Finance Minister Yoshihiko Noda said it would be “difficult” to gain support for international coordination to halt the yen’s gains, signaling any sales of the nation’s currency would have to be unilateral.

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Italy Finance Minister Rules Out New Budget Measures, Repubblica Reports

Italian Finance Minister Giulio Tremonti said in an interview with la Repubblica that no new budget measures are needed this year.

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Finance Ministry trying to revive Tel Aviv light rail plan

Deputy Finance Minister Yitzhak Cohen is attempting to strike a compromise between the state and the MTS consortium that was awarded the franchise to build the light rail network in the Tel Aviv area.

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Romanian Finance Minister Says He Will Be Replaced in `Political’ Decision

Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a “political” decision, he said in a phone interview today after meeting with Prime Minister Emil Boc.

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Finance Ministry says defrauded by staffer

The Dutch Finance Ministry Thursday acknowledged it was defrauded out of more than 160,000 euros ($204,800) earlier this year by an employee of the ministry unit that handles the state’s financing needs.

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Finance company ‘ran out of time’

31 August 2010 South Canterbury Finance says it ran out of time to stitch up a deal to avoid the company’s collapse.

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Housing Finance of Kenya Secures Approval to Sell $123.4 Million of Bonds

Housing Finance Ltd. , Kenya’s only publicly traded mortgage company, received regulatory approval for a 10 billion-shilling ($123.4 million) bond, Managing Director Frank Ireri said.

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Finance Ministry sells Esso

The cabinet approved a Finance Ministry plan yesterday to sell its entire stake in Esso (Thailand) Plc to the state-controlled mutual fund for 1.65 billion baht.

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