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The reform directly addresses opposition and investor criticism regarding overly loose fiscal policies Government caps aviation turbine fuel price at INR75.6 per litre for domestic flights New platforms extend existing partnerships of Japan with the World Bank Group on critical minerals Foreign companies can qualify for a lower 10 percent tariff to incentivize local domestic production IBM emerges as top beneficiary securing $1 billion of the total funding package Investors sell off government debt as Middle East conflict fuels inflation concerns Public debt $31.27 trillion exceeds annual GDP record borrowing inaction Canada Strong Fund will invest in major national projects with private sector partners The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February New levies target South Korean automobiles and pharmaceuticals Net purchases of long-term U.S. securities by foreign residents reached $221.8 billion Customs revenue reached $27.9 billion while the Supreme Court reviews emergency tariff sanction laws As the country moves forward, policymakers face the challenge of striking a careful balance between political stability and prudent economic and financial reforms Holdings now represent 5-6 percent of China’s foreign exchange reserves Economic indicators suggest ongoing struggles, with the property sector and consumer spending driving concerns The central bank's first rate increase since January came amid expectations that the momentum for wage hikes will continue into next year Total financing gap for Ukraine is projected at around $136.5 billion through 2026-29 The market is expected to reach KRW1,510.2 trillion ($1.1 trillion) by 2029, supported by the country’s exceptionally high card penetration, robust payments infrastructure, and continued government efforts to promote cashless transactions Card payments market is driven by contactless adoption and strong banking access The currency swap aims to stabilize Argentina's economy amid severe liquidity shortages and volatility The deal supports ongoing reforms and debt restructuring essential for long-term economic stability The new tariff will significantly impact costs for truck buyers and various industries reliant on these vehicles The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent Broad revenue buoyancy in the U.S., including robust tariff income, will offset any fiscal slippage from tax cuts and spending increases
