Ministry

Ministry of Finance and Economy

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MoFE Closes Several Counters, Revises Hours for others

April 21, 2020​

In efforts to curb the spread of the COVID-19 outbreak in the Sultanate, the Ministry of Finance and Economy (MoFE) announced the closure and shortened operating hours for several service counters of its divisions and departments starting today until further notice.

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People’s Government of Guangzxi Zhuang Autonomous Region, People’s Republic of China Donates to the Ministry of Health

April 16, 2020

The People’s Government of Guangxi Zhuang Autonomous Region, People’s Republic of China has donated 10,000 pieces of N95 surgical face masks, 10,000 pieces of disposable surgeon face masks, 1,000 disposable isolation gowns, 1,000 goggles, 500 Jupiter suits and 250 non-contact forehead thermometers to be used by the Ministry of Health during the current COVID-19 pandemic in Brunei Darussalam.

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Report of the Labour Force Survey (LFS) 2019

The Department of Economic Planning and

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Bombay HC urges ministry of finance to have two DRATs in Mumbai – Sci Burg

Because of the dearth of DRAT benches, the litigants should tour from Mumbai to Up t get a meantime order.

Of the 5 Debt restoration Appellate Tribunal (DRAT) in India best are functioning in the interim because the chairpersons of the remaining 3 have both retired or resigned from the put up. this is inflicting excessive hardships to litigants and advocates.

The situation that emerges for a litigant in Mumbai be it financial institution or a character, has to journey to Allahabad in Uttar Pradesh that’s round 1,500 kilometres away to get an intervening time order or pressing listening to. The Bombay excessive court docket these days pulled up the Union Ministry of Finance and directed it to recollect having two benches of DRAT in Mumbai to prevent such times wherein litigants, advocates are made to go through.

There are 5 DRATs within the united states of america of which

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Nigerians Embarrassed As Ministry of Finance Begs Elon Musk, Tesla for Ventilators On Twitter

Some Nigerians are bewildered on social media following the official Twitter handle of the Ministry of Finance and Budget begging for ventilators from industrial engineer, Elon Musk.

On the last day of March, Elon Musk tweeted that “We have extra FDA-approved ventilators. Will ship to hospitals worldwide within Tesla delivery regions. Device & shipping cost are free. Only requirement is that the vents are needed immediately for patients, not stored in a warehouse. Please me or @Tesla know.”

We have extra FDA-approved ventilators. Will ship to hospitals worldwide within Tesla delivery regions. Device & shipping cost are free. Only requirement is that the vents are needed immediately for patients, not stored in a warehouse. Please me or @Tesla know.

– Elon Musk (@elonmusk) March 31, 2020

With over N13.5 billion donated by individuals to support the Federal Government in the fight against coronavirus, many wondered why the Finance Ministry would

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Ministry of Business, Innovation & Employment

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Finance Ministry Restructuring Is Political: MPs

A number of Afghan lawmakers on Sunday said a recent decision by the Presidential Palace to split up the Ministry of Finance into three separate directorates is political and it will weaken trust in the government among international donors.

Based on the decision, the ministry would be divided into the office of revenues and customs, the office of the treasury, and the finance administration.

“The widespread corruption in the Ministry of Finance–now divided into three parts–will be increased three-fold. This itself will cause damage to Afghanistan’s economy and this decision is not a scientific decision, it is a political decision,” said Azim Mohseni, head of the finance and budget committee of the Afghan parliament.

“Corruption is the reason behind the weakness of Afghanistan’s institutions. The reason for corruption is that committed and specialized people are not appointed for tasks, they are mostly appointed for political purposes,” said Gul Rahman Hamdard,

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Ghani Rescinds Order to Divide Finance Ministry

Abdul Hadi Arghandiwal, acting finance minister, in a conference on Monday said that the president issued a new decree that no directorates of the Finance Ministry will be separated from the ministry.

Recently President Ghani in a decree divided the ministry into three separate directorates.

This decision of President provoked strong criticism from inside and outside the country.

“At our request, the president issued an order that no part of the Ministry of Finance would be separated,” said Arghandiwal.

The original decree would have divided the ministry into the office of revenues and customs, the office of the treasury, and the finance administration.

“Governance is based on belief and trust, and these kinds of decisions are often based on mistrust,” said Sayed Qeyas Sayedi, a university professor.

The officials of the Ministry of Finance in this meeting consider the spread of the coronavirus as a concern for the implementation of

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Finance Ministry to issue fresh notice to NDTV following SC verdict


The finance ministry has decided to issue fresh notice in the income tax re-assessment case of NDTV. The decision follows the Supreme Court ruling that allowed the revenue department to do so.


However, NDTV in a statement said the Supreme Court on Friday refused to allow the revenue department to reopen an assessment that was decided years ago.


The Supreme Court has proved that the rule of law prevails above all else, NDTV said.



According to sources in the finance ministry, the Supreme Court on Friday endorsed the view of the Income Tax Department that “there were reasons to believe that income had escaped assessment” in the case of NDTV for the year 2008-2009.


The reasons to believe recorded by the IT Department while reopening the case in March 2015 stated that the funds amounting to Rs 405.09

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Muhyiddin inspects implementation of Prihatin package at Finance Ministry | Malaysia

A live broadcast of Prime Minister Tan Sri Muhyiddin Yassin unveiling the special Covid-19 stimulus package in Kuala Lumpur March 27, 2020. ― Picture by Yusof Mat Isa
A live broadcast of Prime Minister Tan Sri Muhyiddin Yassin unveiling the special Covid-19 stimulus package in Kuala Lumpur March 27, 2020. ― Picture by Yusof Mat Isa

PUTRAJAYA, April 2 ― Prime Minister Tan Sri Muhyiddin Yassin today visited the Economic Stimulus Implementation & Coordination Unit Between National Agencies (Laksana) at the Ministry of Finance here to monitor the implementation of the Prihatin Rakyat Economic Stimulus Package (Prihatin) announced last Friday.

Muhyiddin said Laksana is responsible for ensuring the initiatives worth RM250 billion announced under Prihatin package is well implemented.

“I understand the allocation channels to register taxi drivers and tour guides would be carried out starting today.

“I hope the registration and review process for Bantuan Prihatin Nasional (BPN) would proceed smoothly,” he said.

During the visit, Muhyiddin was briefed by the National Budget Office director cum Laksana unit head Johan Mahmood Merican on the operation of Prihatin

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