Month: March 2021

History of the 2021 budget, in 9 graphs

After budgeting for a sharp increase in spending for the remaining months of the fiscal year, the finance ministry plans to tighten spending in the coming year. Overall government spending is estimated to increase by 28% in FY2021 and drop…

How To Get Your College’s Most Generous Financial Aid | Best colleges

Great consideration in choosing a University, at least for most people, is the brutal blow the bills will take to a family’s finances. By following a smart strategy when applying for financial aid, you may come across some pleasant surprises…

World’s poorest people owe $ 5.7 trillion, says Oxfam

• Last year, OECD members gave only 0.3% of their GNI in aid – less than the 0.7% promised. • 0.7% would help the world’s poorest countries achieve the SDGs for a decade. • Stable aid flows are needed more…

Mozambican finance minister arrested Credit Suisse, FBI caught up – Quartz Africa

From an isolation cell east of Johannesburg, Mozambique’s former finance minister is fighting extradition to the United States. Manuel Chang was arrested on December 29 at OR Tambo International Airport on his way to Dubai from Maputo. He appeared twice…

Even students with financial aid struggle to succeed in college

In the college cost debate, it’s common to hear complaints about country-club-style amenities fueling tuition hikes and students paying more attention to the dining room offerings of a school than at the cost of deciding where to go. These kinds…

Let’s talk about the EU’s permanent debt – POLITICO

European Central Bank President Christine Lagarde wants EU governments to consider the possibility of making EU debt a permanent part of the bloc’s economic response to crises, she told the World in one maintenance published Monday. Speaking of the €…

Five ways students can obtain the most financial assistance

It’s not easy to calculate college cost. Although tuition fees seem exorbitant, many students will receive financial assistance from the federal government in the form bursaries, grants, or loans. Cost of college education can vary depending on factors like income, family size…

IMF and World Bank face flood of demands for aid from developing world

The health of the global economy comes down to a race for money influx from emerging markets amid the coronavirus pandemic and efforts by the International Monetary Fund and the World Bank to re-inject money. The two Washington-based financial institutions…

World Coronavirus Dispatch: Zambia default raises fears of debt tsunami

Zambia default raises fears of African debt tsunami As countries count the economic costs of the coronavirus and international agencies like the IMF and G20 look the other way, Zambia has become the first African country to default on its…

NPS News | NPS plans delivered double-digit returns last year. Know the returns, the tax rules

NPS plans delivered double-digit returns last year. Know the returns, tax rules | Photo credit: BCCL New Delhi: The National Pension Scheme (NPS) is a government-backed pension fund regulated by the PFRDA (Pension Fund Regulatory and Development Authority). This plan…