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China will increase local governments’ autonomous fiscal capacity and expand tax sources for local governments, said a senior party official for financial and economic affairs on Friday.
The central government will also increase its fiscal spending obligations, said Han Wenxiu, deputy director in charge of the party’s financial and economic affairs, at a press conference in Beijing following a key party meeting that closed on Thursday.
The article originally appeared on The Economic Times.
Pakistan will discuss an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) in Washington next month, Finance Minister Muhammad Aurangzeb said on...
New York CNN — Apple has received approval to change the way its smartwatches function so the company can overcome the Apple Watch ban imposed by...
Located at the upscale Maker Maxity Mall in the Bandra Kurla Complex (BKC), the sleek new showroom marks Tesla’s long-anticipated debut in India Tesla...
The Bengaluru techie was a top-ranking graduate from NIT and until recently held a job in Bengaluru with a ₹43.5 lakh per annum package....
