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Spain expects to obtain 69.5 billion euros ($83.forty six billion)from European Union rescue funds in the subsequent three years, Economy Minister Nadia Calvino said on Wednesday in a news conference to explain how the funds will be used. Spain is in favour of reforming European Union fiscal straightjacket guidelines that set a maximum of three{cdc17030ebee8ca3ca5ff9633f5ce2954ee4767382adf89e759d5292cf03316e} of gross domestic product for member states’ price range deficit, the economy minister said on Wednesday. Ireland collected 1.4{cdc17030ebee8ca3ca5ff9633f5ce2954ee4767382adf89e759d5292cf03316e} extra tax than anticipated through the first 4 months of the 12 months, with the pattern in income tax and excise duties particularly pointing to strong fundamentals in the financial system, the finance ministry mentioned on Wednesday. India’s exports in April jumped almost three-folds to USD 30.21 billion from USD 10.17 billion in the same month final yr, based on commerce ministry’s preliminary information launched on Sunday. This 12 months, Haryana and Punjab switched from oblique payment of MSP to direct on-line transfers to farmers’ financial institution accounts following a central authorities path. Das further said SFBs are now being permitted to reckon contemporary lending to smaller MFIs for on-lending to individual borrowers as priority sector lending.

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Low oil costs are likely to provide, at finest, …

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