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Kazakh PM chairs meeting of Council for Improving the Investment Climate

Kazakh PM chairs meeting of Council for Improving the Investment Climate
21 April 2021 17:19
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NUR-SULTAN. KAZINFORM – A meeting of the Council for Improving the Investment Climate focusing on the implementation of tax reform in Kazakhstan has been chaired by Kazakh Prime Minister, Kazinform cites the press service of the Head of the Kazakh Cabinet.
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At the meeting the reports by Canada’s Ambassador Nicholas Brousseau, EU Ambassador Sven-Olov Carlsson, US Chargé d affaires ad interim Theodore Ling, UK Chargé d affaires ad interim Jonathan Layfield, and the reps of EY, Exxon Mobil, Deloitte, and other companies made their reports on the prosepcts for the improvement of tax policy in Kazakhstan, global strategies of corporate taxation and their roles in forming a favorable investment climate. Kazakh National Economy Minister Asset Irgaliyev and Vice-Minister of Finance Kanat Baedilov ....

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NZ councils' infrastructure spend could erode credit ratings -S&P

NZ councils infrastructure spend could erode credit ratings -S&P
18 Apr, 2021 01:00 AM
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NZ local authorities are expected to spend up large on water infrastructure. Photo / NZ Herald
Most of New Zealand s local and regional governments are likely to have rising infrastructure budgets over the next decade, which could erode headroom at their current credit rating levels, S&P Global Ratings said.
The councils
are scheduled to publish their 2021-2031 long-term plans later this year, and they will likely roll infrastructure backlogs from the fiscal 2020 year into the upcoming years, the ratings agency said.
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Despite the likely increase in infrastructure expenditure, we recognize councils typically spend below their plans due to capacity constraints, ambitious planning, and lengthy approval processes, S&P Global Ratings credit analyst Rebecca Hrvatin said in a report. ....

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Welcome To IANS Live - BUSINESS - Mall revenue recovery to be restricted to 80-85% of pre-pandemic levels this fiscal: Crisil

Accordingly, the expected growth will still be 15-20 per cent below the pre-pandemic levels because of continuing waivers for some under-performing retail segments and the possibility of fresh waivers across segments due to mobility curbs following the second wave of the Covid-19 pandemic. ....

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Fitch to wait until next year to make final COVID-19 judgments

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LONDON (Reuters) - Credit rating agency Fitch says is it likely to wait until next year before making final judgment calls on many of the countries still on downgrade warnings due to the COVID-19 crisis.
FILE PHOTO: Canary Wharf stands in London, Britain December 27, 2020. REUTERS/Simon Dawson/File Photo
Fitch has downgraded a record 35 countries, including 10 more than once, over the last year as the pandemic has shuttered economies and sent debt levels soaring.
It looks to be far from over too. The firm still has 35 sovereigns on a ‘negative outlook’ - rating agency parlance for a warning - ranging from top-rated AAAs like the United States and Australia to many at the bottom end of spectrum. ....

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Ratings: Reform remains on top, EKRE endangering Center in Ida-Viru County

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Political scientist Martin Mölder says that EKRE can soon endanger Center s position in Ida-Viru County. Pictured are EKRE chairman Martin Helme (left) and Mart Helme. Source: Priit Mürk/ERR
There have been no changes to the top three of party support rankings with Reform comfortably atop the mountain, but the Conservative People s Party of Estonia (EKRE) could soon endanger Center Party s position in Ida-Viru County, the latest results of a survey conducted by pollster Norstat show.
Recent research Norstat conducted on behalf of conservative think-tank the Institute for Social Research (MTÜ Ühiskonnauuringute instituut) has Reform at 33.2 percent support, Center at 19.5 percent and EKRE at 18.9 of all voting-age respondents. ....

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