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Hapvida corrected its accounting from 2016-2023, leading to a 503 million reais positive impact under CPC 50. However, CPC 11 showed a negative impact of 202 million reais. The company …
Hapvida’s Accounting Corrections and Debt Renegotiation: Key Financial Moves Read More
Hapvida has corrected its accounting from 2016-2023, increasing net equity by 503 million reais in 2024, and is renegotiating debt associated with fines and reimbursements worth 2.9 billion reais for …
Hapvida Rectifies Accounting Errors and Renegotiates Debt in Brazil Read More
Morocco is set to reduce its budget deficit to below 67% by 2027, focusing on fiscal discipline, enhancing revenues, and sustaining investment in social programs. Recent efforts have already shown …
Morocco Targets Budget Deficit Reduction Below 67% by 2027 Read More
Kenya is set to abandon its current IMF program and negotiate a new lending agreement due to economic challenges and rising debt costs. While the exact terms of the new …
Kenya Seeks New IMF Loan Amid Growing Economic Challenges Read More
Sri Lanka’s economy grew by 5.0 percent in 2024, marking its first annual growth since the crisis in 2022. This follows a significant GDP contraction in previous years. Economic reforms …
Sri Lanka Achieves First Economic Growth Since 2022 Crisis Read More
Brazil has announced a plan to exempt individuals earning up to 5,000 reais monthly from income tax, funded by taxing high earners and overseas profits. The proposal is intended to …
Brazil Implements Income Tax Exemption Plan to Boost Popularity of Lula Read More
Egypt recorded a primary surplus of EGP 330 billion in H1 2024/25, driven by a 38.4% increase in tax revenues, the government emphasized fiscal discipline, increased spending on healthcare and …
Egypt Achieves EGP 330 Billion Primary Surplus in H1 2024/25, Showcasing Financial Strength Read More
Pensana PLC shares rose 38% after securing $268 million financing for the Longonjo rare earth project in Angola, which will produce 20,000 tonnes of rare earth carbonate annually and create …
Pensana Shares Surge 38% After Securing $268 Million for Angola Project Read More
Egypt reported a record primary surplus of approximately LE 330 billion and a 38.4 percent increase in tax revenues from July 2024 to February 2025. Social spending rose by 44 …
Egypt Reports Record Surplus and Increased Social Spending Amid Fiscal Growth Read More
Chile’s current account deficit narrowed to $1.78 billion in Q4 2024 from $2.66 billion a year earlier, primarily due to a significant increase in the goods surplus. The annual deficit …
Chile’s Current Account Deficit Narrows in Fourth Quarter 2024 Read More