EconomicSurplus

Singapore's Innovative Approach to Car Permits Fuels Wealth Fund Surplus

4 months ago

In a groundbreaking shift regarding its vehicle ownership regulations, Singapore has implemented a system that successfully marries the control of car permits with the country's renowned sovereign wealth funds. This unique approach has not only enhanced the management of traffic congestion but has also resulted in a substantial increase in surplus revenues for its state-owned investment entities.

Javier Milei's Chainsaw Economics Leads Argentina to Historic Surplus

5 months ago

In a groundbreaking economic turnaround, Argentina has reported its first fiscal surplus in over ten years, a remarkable achievement attributed to the bold and often controversial policies of President Javier Milei. His administration's aggressive reforms, likened to a "chainsaw" approach, have aimed at cutting government expenses and slashing taxes, fundamentally reshaping the nation’s financial landscape.