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China's Fiscal Revenue Rises 1.7% in Aug.
Sep 14, 2016China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...
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Tax Reform to Boost Vitality of Real Economy
Apr 4, 2016Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...
Tags: Tax Reform, VAT
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Vietnam's Economy Grew More Than Analysts Estimated as Exports Climbed
Dec 25, 2013Vietnam's economy grew more than analysts estimated as exports climbed,even as banks struggled to meet the government's lending target. Gross domestic product rose 6.04 percent in the fourth quarter from a year earlier,according to data ...
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Tax Revenues Continue Bouncing Back From The Low Levels
Dec 23, 2013Tax revenues continue bouncing back from the low levels reported in almost all countries , at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. The average tax revenue to GDP ...
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The Government Debt to GDP Ratio in The Euro Area (EA17) Stood at 92.2%
Jul 30, 2013At the end of the first quarter of 2013, the government debt to GDP ratio in the euro area (EA17) stood at 92.2%, compared with 90.6% at the end of the fourth quarter of 2012. In the EU27 the ratio increased from 85.2% to 85.9%. Compared ...
Tags: Government Debt, GDP ratio
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The Sum of Taxes and Social Contributions in % of GDP, in The EU27 Stood at 38.8% in 2011
May 2, 2013The overall tax-to-GDP ratio, meaning the sum of taxes and social contributions in % of GDP, in the EU27 stood at 38.8% in 2011, from 38.3% in 2010 and 38.4% in 2009. The overall tax ratio in the euro area (EA17) increased to 39.5% in 2011, ...
Tags: European Union, Tax-to-GDP
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The International Rating Agency Fitch Has Downgraded Italy's Long-Term Rating to 'bbb+'
Mar 13, 2013The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
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Guangxi's Economy Has Maintained a Rapid, Steady and Balanced Development Momentum
Dec 13, 2012Economy (i) Economic Development of Guangxi In recent years, Guangxi’s economy has maintained a rapid, steady and balanced development momentum. In 2005, GDP exceeded 400 billion yuan , 407.575 billion yuan to be exact, up by ...
Tags: Guangxi Zhuang Autonomous Region, survey, economy, investment
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Saudi Arabia Has Pledged USD 487 Million Assistance Package
Dec 7, 2012Arabian Business reported that Saudi Arabia has pledged USD 487 million assistance package to help support new development projects in Jordan. Mr Abdullah Ensour PM of Jordhan said that the first USD 125 million will be transferred soon ...
Tags: Arabian Business, gas, fuel
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Eurozone Have 7% Less Debt to GDP Ratio Than The UK
Dec 6, 2012It seems that each new day we wake to yet another bit of Eurozone news that leaves one wondering how much more is yet to come. If Spain needs to go cap in hand go the Eurobankers for £81b when, according to the BBC they have 7% less ...
Tags: end in tears, packaging, enviable position, coming trends
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Taiwan Economic Revival Program Lacks Substance Bryan Chuang
Sep 13, 2012Commentary:Taiwan economic revival program lacks substance Bryan Chuang,Taipei;Steve Shen,DIGITIMES[Wednesday 12 September 2012]Taiwan's Executive Yuan(Cabinet)has announced a five-point program aiming to invigorate its flagging ...
Tags: Commentary economy Taiwan, Economic Revival Program, Sean Chen