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Public Finance

After the invasion of Ukraine, the Russian central bank intervenes to defend the ruble’s dropping value.

Russians formed large queues to withdraw cash from their bank accounts on Monday as the ruble plummeted in response to sanctions imposed on Russia by the U.S., U.K., Canada, and European Union over the weekend. The currency dropped almost 30% in value on Monday. Adding to the pressure on Russian banks, many shops stopped accepting …

After the invasion of Ukraine, the Russian central bank intervenes to defend the ruble’s dropping value. Read More »

Do we need to abandon GDP to meet net zero?

It was a notable second. In September 2019, the then-16-year-old Swedish environment lobbyist Greta Thunberg commanded the notice of the world during a location to the United Nations Climate Action Summit. Reprimanding a fundamental conviction supporting huge wraps of worldwide monetary approach – that the more we produce, the good we are – she said: …

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5 strategies for securing private funding for public infrastructure projects

Funding comes in all shapes and sizes. To name just a few: impact investing funds, mission investing, private investors or public grants. Thousands of different funding programs with bureaucratic restrictions and stringent guidelines make it very difficult to find a match. The following steps will provide you a comprehensive introduction to the most strategic methods …

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Commercial Bank Revenue Model and Functions: Loan Projections

The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking. Commercial banks make money by providing and earning …

Commercial Bank Revenue Model and Functions: Loan Projections Read More »

Commercial Bank Revenue Model and Functions: Loan Projections

The term commercial bank refers to a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking. Commercial banks make money by providing and earning …

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A new method to public financial management is being developed.

New public financial management (NPFM) refers to reforms introduced in systems, procedures, organizations, and law for obtaining and effectively using public financial resources, which encompass not only expenditures but also revenues and debt in the context of public budgeting, accounting, internal and external control, and financial reporting. Reforms affect “how” to implement public policies searching …

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The Israeli central bank emphasizes the ‘very important economic implications’ of budget approval.

JERUSALEM, Nov 3 (Reuters) – The Bank of Israel on Wednesday asked the public authority to pass the 2021-2022 state spending plan as a cutoff time moves toward that could decide the destiny of the decision alliance, and adulated the spending plan illustrated by Finance Minister Avigdor Lieberman. In an assertion, it stressed the “gigantic …

The Israeli central bank emphasizes the ‘very important economic implications’ of budget approval. Read More »

Nigeria’s president proposes a new digital currency to help the country’s economy.

LAGOS, Nigeria (AP) — Nigeria has launched a digital currency which the Central Bank of Nigeria says is a “major step forward in the evolution of money” in Africa’s most populous country. President Muhammadu Buhari said at the launch Monday that the digital currency and the blockchain technology it uses can foster economic growth and …

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The Future of Fiscal Policy in U.S

Fiscal policy, including both automatic stabilizers and pandemic-related tax and spending legislation, played a significant role in cushioning the blows to the economy of COVID-19 in 2020 and 2021. The Hutchins Center Fiscal Impact Measure (FIM)—which measures how much federal, state, and local tax and spending policy adds to or subtracts from overall economic growth—shows …

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