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State must enforce austerity to stay afloat - Vimarsana News

State must enforce austerity to stay afloat

Kenya Kwanza must at least show a commitment to frugality and prioritising taxpayer money for essential services.

Czech president approves plan introducing budget cuts, taxes. Labor unions call for protests - Vimarsana News

Czech president approves plan introducing budget cuts, taxes. Labor unions call for protests

Czech President Petr Pavel has signed Wednesday into law an economic package of dozens of measures introducing budget cuts and increased taxes designed to keep the ballooning budget deficit under control. Pavel's signature was the last step before the government proposal — which was approved by parliament — turned into law that would see Czechs pay more taxes on alcoholic beverages, in the country renowned for its beer, and medicine. Businesses would also pay higher corporate taxes.

Source: yahoo.com
Malawi's President Chakwera bans himself and his cabinet from foreign travel - Vimarsana News

Malawi's President Chakwera bans himself and his cabinet from foreign travel

Money-saving measures are announced by President Lazarus Chakwera following IMF funding.

Source: yahoo.com
Factbox-David Cameron, former PM and now Britain's new foreign minister - Vimarsana News

Factbox-David Cameron, former PM and now Britain's new foreign minister

David Cameron, 57, served as British prime minister from 2010 to 2016, resigning after the outcome of the Brexit vote, when Britain voted to leave the European Union. * A former public relations executive for a commercial television company, he became Britain's youngest leader in almost two centuries after the 2010 election when he led the nation's first coalition government since World War Two. * A descendant of King William IV, who went to the exclusive private school Eton College and then Oxford University, he faced accusations of being out of touch as his government implemente...

Source: yahoo.com
Borrowing money to solve country's problems not the solution, says Fedusa - Vimarsana News

Borrowing money to solve country's problems not the solution, says Fedusa

On the eve of the mini-budget, the union federation says a different approach to revive the economy must be prioritised immediately.