dollars) under the 2009 financial act
to boost the purchasing power of the country's population, the official MAP news agency reported on Friday.a <p>The measure is part of the plans to reform the compensation fund which is created to make up for the differences between international and local prices, MAP said, quoting Minister of Economic and General Affairs Nizar Baraka.
Recognizing that they either had to get their financial act
together or risk bankruptcy, a 30ish California engineer and his wife, who prefer anonymity, computerized their finances.
class="MsoNormalThe traders have been agitating for lower taxes after the county government started implementing the 2018 Financial Act
on Monday last week.
Out of the 17 companies, 13 companies showed an increase in their Sales, 2 companies registered a fall, while 2 companies namely Highnoon and Searle Pakistan have changed their year ending to June 30, instead of December 31, due to the amendments made in the Financial Act
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Almost all the companies in the table showed increase in their sales during the year under review, except Pan-Islamic which showed decrease in its sales by 51.08 per cent from Rs.217.97 million to Rs.106.63 million in 1995, because the company has changed its closing from December to June in conformity with Financial Act
10922 otherwise known as the Economic and Financial Act
which declares the second week of November of every year as EFLW, National Economic and Development Authority (NEDA) Assistant Regional Director Agustin Mendoza said.
aa In order to maintain prices at affordable levels, and protect citizens' purchasing power, the government has increased the funds allocated to the Compensation Fund to $4.68bl up from an initial $2.6bl provided for in the 2008 Financial Act
.a The compensation fund, one of the rare systems in Africa, is used to make up for the difference between international and local prices.a "This increase has favored the stability of prices at the same level as in January of last year, despite the surge in global prices," Baraka noted.
154-bis of the Consolidated Financial Act
, that the accounting information that is contained in this press release correspond to the documentary results, the accounting books and records
Furthermore, the Board verified that the Directors Alfredo Antoniozzi, Alberto Bianchi, Cesare Calari, Paola Girdinio, Alberto Pera, Anna Chiara Svelto and Angelo Taraborrelli meet the independence requirements set out both in the Consolidated Financial Act
and in the Corporate Governance Code for
Milestones achieved in FY 2013 include the effective implementation of consolidated bank supervision and passing of a new public financial act
in Kenya, updates in national accounts methodologies and price indexes in several member countries, and the introduction of high-frequency indicators of economic activities in Rwanda and Uganda.
The MPLA has proposed to extend the powers of the Court of Auditors for concurrent supervision to allow monitoring of the implementation of financial acts
and activities, he underlined.