Economists Fund

Wednesday, 29 March 2023

Latest News for: Economists fund

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IMF reluctant to approve bailout because of huge budget deficit – Prof. Bokpin

Joy Online 29 Mar 2023

Economist, Professor Godfred Bokpin, says the International Monetary Fund’s Executive Board’s seeming reluctance to approve Ghana’s $3 billion bailout is due to the country’s huge budget deficit.

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Consumers in the U.S. Rely More on Credit as Savings Dwindle

Wall Street Journal 29 Mar 2023

... overtake them as a source of funds in coming months, Wells Fargo economists Tim Quinlan and Shannon Seery write in a report.

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Walton Global Announces BLF Fund 2 for Investors Focused on Builder Land Financing for U.S. ...

The Galveston Daily News 29 Mar 2023

Walton Global, a real estate investment and land asset management company, has announced a private placement fund for accredited investors called BLF Fund 2 ... home supply, that various economists estimate to be 4 to 6 million homes, this fund can provide an alternative investment option with consistent cash flow in a relativity short period.”.

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Government to borrow ₹8.80-lakh cr in April-Sept of fiscal year 2023-24

Business Line 29 Mar 2023

Less than average borrowing means more funds will be available for private sector to borrow. Also, as Devendra Kumar Pant, Chief Economist with India Ratings, say the government expects inflation to come down which in turn will push down bond yield ... Borrowing schedule ... ....

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'We're Going Away': A State's Choice to Forgo Medicaid Funds Is Killing Hospitals

The Philadelphia Tribune 29 Mar 2023

Expanding Medicaid would uncork a spigot of about $1.35 billion a year in federal funds to hospitals and health care providers, according to a 2021 report by the office of the state economist ... their share of the expense, the same strategy used to help fund other Medicaid costs.

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Roundup: Japan enacts record-high budget amid political, public backlash to soaring defense outlays

China.dot.org 28 Mar 2023

Reserve funds, typically used for emergencies and ... "Part of the unused reserve funds for fiscal 2022 will be treated as surplus money, which in turn will be used for defense spending," Takuya Hoshino, a senior economist at the Dai-ichi Life Research Institute, was quoted as saying.

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Japan set to approve record-high budget amid backlash to soaring defense outlays

China.dot.org 28 Mar 2023

"Part of the unused reserve funds for fiscal 2022 will be treated as surplus money, which in turn will be used for defense spending," Takuya Hoshino, a senior economist at the Dai-ichi Life Research Institute, was quoted as saying ... To fund the state budget, the government will issue 35.62 trillion yen (272.36 billion U.S.

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Japan enacts record-high budget amid political, public backlash to soaring defense outlays

Xinhua 28 Mar 2023

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Japan parliament set to OK record 114 tril. yen budget for FY 2023

Kyodo 28 Mar 2023

"Part of the unused reserve funds for fiscal 2022 will be treated as surplus money, which in turn will be used for defense spending," said Takuya Hoshino, a senior economist at the Dai-ichi Life Research Institute. Kishida has said the government will secure the necessary funding by hiking taxes, among other means.

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OP-ED: Three proposals to fix Pennsylvania's school funding mess

Observer-Reporter 28 Mar 2023

Now that the Pennsylvania Commonwealth Court has ruled the Keystone State’s school funding model does not meet the state constitutional standard of equity in education, the obvious question is “What’s next?” ... “Without question, wealthier districts can raise relatively very large amounts of funds at fairly low tax rates compared to poor districts.

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Treasury Anti-Corruption

Citrus County Chronicle 28 Mar 2023

From left, Financial Action Task Force President Raja Kumar, ...

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Mississippi GOP leads state into 'a full-blown hospital crisis'

Raw Story 28 Mar 2023

... federal funding for Medicaid expansion under the Affordable Care Act ... "Expanding Medicaid would uncork a spigot of about $1.35 billion a year in federal funds to hospitals and health care providers, according to a 2021 report by the office of the state economist," said the report.

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People are flocking to money-market funds to protect their money. Here are the 8 currently ...

Business Insider 28 Mar 2023

Mutual funds and hedge funds are divided over bank stocks ... Money-market funds also look attractive thanks to their higher yields, given the Fed's aggressive rate hikes ... "Depositors remain on edge and continue to pull deposits from banks, moving their cash to money market funds," Moody's chief economist Mark Zandi wrote in a tweet Sunday.

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$1 trillion bond market in India sees rising clout of insurers

Live Mint 28 Mar 2023

The National Pension System, or NPS, has seen assets under management expand by 18% this fiscal year to 8.5 trillion rupees as of February.“They are the new incremental levers of government bond demand, outdoing banks,” Madhavi Arora, lead economist at Emkay Global Financial Services, said, referring to the pension and provident fund corpus.

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India’s $1 trillion bond market sees growing share of retirement savings

The Times of India 28 Mar 2023

India’s yield curve has flattened markedly as the insurers and pension funds snapped up 10-to-40 year debt, with HDFC Life Insurance Ltd ... “They are the new incremental levers of government bond demand, outdoing banks,” Madhavi Arora, lead economist at Emkay Global Financial Services, said, referring to the pension and provident fund corpus.