Latest news with #finance ministers


Bloomberg
2 days ago
- Business
- Bloomberg
East African Finance Chiefs Face Fiscal Tightrope in Budgets
East African finance ministers will be walking a tightrope when they reveal their spending plans on Thursday, with ballooning debt, underperforming revenue and geopolitics challenging planned fiscal consolidation. Uganda, Rwanda, Kenya and Tanzania will present their budgets to lawmakers, as the region grapples with cuts in foreign aid and the turmoil unleashed by US President Donald Trump's trade war.


CTV News
23-05-2025
- Business
- CTV News
Finance ministers, central bankers wrap up Banff meetup
Calgary Watch The G7 finance ministers and central bank governors have wrapped up their multi-day summit in Banff.


Washington Post
21-05-2025
- Business
- Washington Post
Trump's tariffs will test unity among allies at G7 finance ministers' summit
BANFF, Canada — Leading financial officials from the world's richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump's sweeping tariffs . The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic . There may be less agreement this year as Trump's tariffs threaten to slow growth in many of the gathered nations, including host Canada, which Trump has also suggested become a potential 51st state .