March 31, 2016/AfDB The Government of Sudan inaugurated an online trading system of its stock market on March 24, 2016 in the country’s capital, Khartoum – a landmark development in the Sudan’s financial history. Financed by the African Development Bank as part of its Public Financial and Macroeconomic Management (PFM) […]
Tag: Government
IMF Develop Template for Govt to collect data on Revenues from Natural Resources
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said it has developed a draft template for countries to use for the collection of data on government revenues from natural resources, based on the revenue classifications of the Government Finance Statistics Manual 2001 (GFSM 2001). The IMF said […]
U.S. seeking $6 billion from JPMorgan to settle mortgage claims: source
U.S. government housing finance authorities are pressing JPMorgan Chase & Co for at least $6 billion to settle lawsuits over bonds backed by subprime mortgages, according to a person familiar with the matter. The company is arguing that it should pay less to settle the claims by the U.S. Federal […]