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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Both of these would be addressed through the Gati Shakti initiative which is one of the cornerstones of Budget 2022-23.

Budgeting 130
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Latvia: Doorway To The EU

Global Finance

Led by Latvian President Edgars Rinkvis and Minister of Economics Viktors Valainis, the eight-day event included investor briefings in Houston, San Francisco, and Denver. These include Rail Baltica, the Baltic regions most ambitious investment in regional transport infrastructure. GDP per capita (2024): $22,200 GDP growth (2024): 1.2%

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Togo: Open For Business

Global Finance

Together, these issues could pose significant threats to economic growth and social progress, analysts warn. Road Map For The Future A lively FDI contribution gives Togo a favorable economic outlook, augmented by structural reforms and critical investment projects, according to the African Development Bank. annually.

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Saudi Arabia: The Corporate Bet

Global Finance

With just five years remaining on its ambitious Vision 2030 program to modernize and diversify away from its economic dependency on oil, the worlds biggest petroleum exporter and the regions largest economy is nearing a crossroads. The clock is ticking for Saudi Arabia. Those in charge, however, remain positive.

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What the National Debt Means to You

CFO News Room

Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment. National Debt vs. Budget Deficits. The national debt is simply the net accumulation of the federal government’s annual budget deficits.

Treasury 130
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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 2)

Global Finance

In this two-part feature on the economics of the Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. The stable of sponsors reflects changes in recent economic history. Budget-breaking cost overruns tend to fall into the capital expenditures category.

Economics 105
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Budget Preparation Process: Full Step Guide

Spreadym

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. Here are the key steps involved in budget preparation: Define Objectives and Goals : Begin by establishing clear financial objectives and goals.