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16 results for "economic policy"
Nigeria just ended roadside tax checkpoints and cash payments as part of sweeping reforms to make taxation fairer and more transparent. Small businesses earning under $7,000 annually are now completely exempt from taxes.
China is launching a five-month campaign to change how it measures success, moving away from pure economic growth numbers toward social welfare and sustainability. The shift could reshape how the world's second-largest economy prioritizes its future.
A new study reveals that investing just 1-2% of global economic output in climate action can prevent losses of up to 27% of GDP. Governments are already paying billions for climate disasters, making prevention the cheapest option available.
Colombia's government won backing from labor unions and businesses to maintain a historic 23.7% minimum wage increase that brings workers closer to a living wage. Despite legal challenges and warnings of job losses, the country's unemployment rate has dropped to its third-lowest level ever.
Ireland just became the first country in the world to make a basic income scheme permanent, giving artists €325 per week to create full-time. The pilot program proved so successful it generated €87 million in benefits from a €21 million investment.
Argentina's Senate approved a sweeping labor modernization bill with 42 votes, bringing together lawmakers from seven different political parties in a rare show of bipartisan cooperation. The government says the reforms will bring millions of workers into formal employment and jumpstart economic growth.
Argentina's Senate approved sweeping labor reform legislation that could reshape how the country hires workers and runs its economy for the first time since the 1970s. The vote signals growing political momentum for President Javier Milei's economic transformation plans.
After months of fear and misinformation, Nigerian salary earners discovered something surprising in their January pay slips: lower taxes and higher take-home pay. The country's new tax reforms are putting more money in workers' pockets, not less.
New research reveals that America's CHIPS Act generated far more jobs than experts expected, creating tens of thousands of positions even before the bill was signed. The findings show strategic government investment can deliver real economic wins while strengthening national security.
Millions of Nigerian workers are taking home bigger paychecks this month thanks to new tax reforms that cut rates for nearly everyone earning under $12,000 a year. The changes, which took effect in January, exempt minimum wage earners entirely and reduce taxes for 98% of the workforce.
Australia just shattered another glass ceiling in finance. Sarah Court will become the first woman to lead the nation's powerful securities watchdog, joining an unprecedented wave of female leaders at the country's top economic institutions.
Workers across Nigeria are taking home more money this month thanks to new tax reforms that reduce income deductions. The changes mark the first wave of relief from government efforts to ease financial pressure on everyday earners.
More Chinese workers are getting a raise as 27 provinces increased minimum wages over the past year, with many seeing double-digit bumps. The nationwide push aims to put more money in people's pockets and reignite consumer spending.
Ghana just streamlined its tax system to make shopping cheaper and doing business easier. The new reforms combine three separate charges into one simpler rate while removing pandemic-era fees.
The Bank of Korea just unveiled the world's first artificial intelligence platform designed specifically to help central bankers make smarter policy decisions. Built with tech giant Naver, the tool could transform how countries manage their economies.
Women leading families in Puducherry will receive more financial support each month thanks to a new government decision. The increased aid recognizes the vital role these women play in keeping their households running.