American Recovery and Reinvestment Act
Current account gap at $3.5 billion
Türkiye's current account deficit was $3.46 billion in June, rising by $2.27 billion from a year ago, according to the Central Bank.
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Committee to discuss new corona crisis stimulus bill
Ljubljana – The parliamentary Labour Committee is expected to approve the new coronavirus crisis stimulus bill on Monday. The government-proposed bill brings EUR 320 million in aid, with employers eagerly awaiting the extension of the furlough subsidy scheme and partial cover of new expenses arising with the increase in minimum pay.
STA management, staff say govt conduct defeat of rule of law
Ljubljana – The STA management and staff have described the government’s failure to transfer overdue public service payments as required by the latest economic stimulus act as a defeat of the rule of law, convinced that the decision to seek European Commission input over state aid rules as a delaying tactic meant to financially exhaust the agency.
STA financing secured in stimulus bill amendment
Ljubljana – The National Assembly voted 44:40 on Tuesday in favour of a last-minute amendment to the latest economic stimulus bill that the coalition Modern Centre Party (SMC) tabled to reinstate public financing of the Slovenian Press Agency (STA).
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Current account sees $2.8B gap in December
Turkey's current account balance posted a deficit of $2.8 billion in December 2019, the Turkish Central Bank announced on Feb. 14.
Official data showed that the figure widened by $1.7 billion from same month the previous year.
The country's 12-month rolling surplus totaled $1.67 billion, the bank said.
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Turkey's current account deficit widens in July
Turkey's current account deficit reached $5.1 billion in July 2017, up almost $2.7 billion year-on-year, official data showed on Sept. 15.
The current account deficit recorded $5.1 billion, marking an increase of $2.7 billion compared to July of the previous year, bringing the 12-month rolling deficit to $37.1 billion, the Central Bank stated.
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Turkey's current account deficit drops in December
Turkey's current account deficit stood at $4.27 billion in December 2016, down by $784 million compared to the same month in 2015, an official data showed on Feb. 14.
Considering the full year of 2016, the current account deficit was announced $32.61 billion with a slight increase from $32.12 billion in 2015, according to the Central Bank data.
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Patrone: Accelerate realisation of infrastructure projects
KOPAONIK - Serbia has to accelerate the realisation of infrastructure projects because as many as EUR 3.5 billion allocated to the country for these projects have not been used, Director of the European Bank for Reconstruction and Development (EBRD) in Serbia Matteo Patrone stated on Thursday.
Proposed city budget to give Belgrade RSD 78.1 bln
BELGRADE - The Belgrade City Assembly will meet on Monday to discuss the proposed RSD 78.1 billion budget, City Manager Goran Vesic said on Wednesday, announcing that this year will be one of stabilisation for the city's finances.
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