(WASHINGTON, USA) – The United States would lose about 214,000 jobs next year if it fails to extend its free trade agreement with Canada, according to a report by Oxford Economics prepared for the Canadian American Business Council. Canada would lose 102,000 jobs in the same period. The combined jobContinue Reading
(NAIROBI, KENYA) – The Central Bank of Kenya expects inflation to peak lower than previously projected. The revision comes amid anticipation that the conflict involving the United States, Israel and Iran will be resolved soon. The central bank projects inflation will peak at 6.8 percent in January 2027 before easingContinue Reading
(NAIROBI, KENYA) – Kenya and the International Monetary Fund have restarted discussions on a new lending programme. The arrangement is expected to provide fresh loans but will also bring difficult conditions for taxpayers. The Central Bank of Kenya said on Wednesday that an IMF team will visit Nairobi soon. TheContinue Reading
(NAIROBI, Kenya) – Kenya’s National Treasury has lowered its tax revenue target for the current financial year by KES 81.4 billion ($634 million, £498 million), signalling weaker than expected collections from corporate profits and worker earnings. The Treasury now expects the Kenya Revenue Authority (KRA) to collect KES 2.777 trillionContinue Reading
(NAIROBI, Kenya) – Kenya used KES 207.7 billion of borrowed money to pay salaries, settle debts and meet other routine government costs in the financial year ended June 2026, breaching public finance rules for another year. The sum equals roughly $1.62 billion or £1.27 billion. More than one in everyContinue Reading
(KYIV, UKRAINE) – Ukraine is pushing to speed up work on meeting the conditions tied to the European Union’s Ukraine Facility programme in order to secure the full amount of financing still available under the plan. Prime Minister Serhiy Koretskyi has told ministers to move faster on delivering the commitmentsContinue Reading
(KYIV, UKRAINE) – Local government budgets across Ukraine received 324.9 billion hryvnias in tax and fee payments during the first seven months of 2026, according to data released by the State Tax Service. The figure represents a rise of 16 percent, or 44.9 billion hryvnias, compared with the same periodContinue Reading
(KYIV, UKRAINE) – The Bureau of Economic Security of Ukraine delivered a combined economic effect of 19.509 billion Ukrainian hryvnia in the first six months of 2026. At current exchange rates, this sum is equivalent to approximately 435 million US dollars, 340 million British pounds and 376 million euros. TheContinue Reading
(KYIV, UKRAINE) – Foreign companies providing electronic services to Ukrainian users paid 11.3 billion Ukrainian hryvnia in so called Google tax to the state budget in the first seven months of 2026. At current exchange rates, this sum equals approximately 252 million US dollars, 197 million British pounds and 218Continue Reading
(KYIV, UKRAINE) – Ukraine’s State Tax Service has identified more than 500 brands and trademarks showing signs of artificial business splitting since the start of 2026. Preliminary estimates indicate potential state budget losses of at least 1.7 billion Ukrainian hryvnia, equivalent to roughly 40.8 million US dollars or 31.9 millionContinue Reading
