FiscalManagement

Potential Lifting of Bank Bonuses: Dutch Ministry to Reevaluate Caps

2 months ago

The Dutch Ministry of Finance is set to conduct a thorough examination of the existing caps on bank bonuses, potentially signaling a significant shift in how financial institutions can compensate their top executives. This move comes amid ongoing discussions about the balance between incentivizing performance and ensuring responsible banking practices in the aftermath of the financial crisis.

Kazakhstan's Central Bank Hits Pause on Interest Rate Cuts Amid Rising Inflation Risks

8 months ago

The National Bank of Kazakhstan has announced a pause in its interest rate cuts, reflecting increasing concerns over inflation and a looming budget deficit. In a recent meeting, the central bank decided to maintain the benchmark interest rate at 16.75%. This decision marks a significant shift from previous rounds of rate cuts aimed at stimulating economic recovery in the wake of global financial challenges.