Indonesia implemented a wide-ranging fiscal restructuring programme in 2025 under President Prabowo that focused on expenditure rationalisation, tighter enforcement and recovery of revenue from illegal economic activity, resulting in an estimated fiscal impact of about $30 billion while keeping the fiscal deficit within the statutory 3 percent ceiling and maintaining stable debt levels.
— last modified 18 January 2018 The European Commission has welcomed the headway made in tackling non-performing loans (NPLs) in the EU as part of ongoing work at the national…
— last modified 18 January 2018 The European Commission proposed on 18 January new rules to give EU Member States more flexibility to set Value Added Tax (VAT) rates and…
Sweden is known for its enviable free market and high standard of living, but the country is currently facing issues surrounding personal debt. A few weeks ago the Swedish government…
— last modified 06 December 2017 The European Commission set out on 6 December 2017 a Roadmap for deepening Europe’s Economic and Monetary Union.AdvertisementWhat are the elements of the package?A…
— last modified 14 July 2020 The first ever EU list of non-cooperative tax jurisdictions has been agreed today by the Finance Ministers of EU Member States during their meeting…
— last modified 30 November 2017 The European Commission unveiled new tools on 30 November 2017 to make the EU’s Value Added Tax (VAT) system more fraud-proof and close loopholes…
