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Budget infuses more atmanirbharta into MSMEs — Sanjay Agarwal

CFO News Room

The finance minister has managed the tough balancing act of spurring economic revival while also maintaining fiscal discipline. Crucially, while the Budget had a clear digital focus, it did not leave the needs of the grassroots unattended. By Sanjay Agarwal.

Budgeting 130
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Voters turned out for economic justice: A review of key ballot measures from the 2022 midterm elections

CFO News Room

Though much work remains to be done to enact a progressive economic agenda, this midterm election showed clear signs of support for a policy agenda that prioritizes economic, racial, and gender justice for working families. Nebraska: Voters approved Initiative 433, which will increase the state’s minimum wage to $15 by 2026.

Economics 130
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Deep Dive: How Digital AP Can Help Construction Firms Navigate Payment, Procurement Challenges

PYMNTS

Many of these processes are decades-old and must follow complex regulatory guidelines, as is the case in the construction industry. Construction companies are facing both time and cash crunches due to dwindling work opportunities and slower payment timelines during the crisis. Late or lagging payment processes can expand costs.

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China’s economic growth to stay above target: Fitch  

Future CFO

China’s economic growth would stay above target though recovery momentum fades, said Fitch recently. Housing construction also remains very weak, the firm said. Nonetheless, Fitch said it still expects China’s economic growth to hit5.6% Nonetheless, Fitch said it still expects China’s economic growth to hit5.6%

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What’s the 2022 economic confidence level?

CFO Strategic Partners

This survey was answered by people from a wide range of industries including construction, professional services, healthcare, nonprofit, manufacturing and more. Twenty percent are choosing to use an annual model, while a small percentage of respondents has no formal budget or forecast. See below for a full breakdown of our results.

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Why Communication Is Key To Faster Construction Payments

PYMNTS

Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. the collapse of construction conglomerate Carillion pulled back the curtains on the corporate’s B2B payment practices. In the U.K.,

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Latest Economic Stimulus Package On Hold

PYMNTS

CNBC obtained a breakdown provided to lawmakers by the Office of Management and Budget. But Lawrence Alan Kudlow, director of the National Economic Council and a top White House advisor, and Mark Meadows, President Donald Trump’s chief of staff, are among the fiscal conservatives who oppose additional handouts.