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Trudeau Administration Faces Challenges in Meeting Fiscal Target, PBO Warns

Trudeau Administration Faces Challenges in Meeting Fiscal Target, PBO Warns

The Trudeau government's fiscal strategy is in jeopardy as it struggles to stay within its key fiscal target, according to the Parliamentary Budget Officer's alarming report. With the 2023-24 deficit expected to surpass the C$40.1 billion cap due to sluggish economic growth and increased expenditure, the government's fiscal management and sustainable economic future are now under scrutiny, calling for immediate attention to budgetary balance and fiscal prudence.

Femi Otedola Advocates Windfall Tax for Equitable Wealth Distribution in Nigeria

Femi Otedola Advocates Windfall Tax for Equitable Wealth Distribution in Nigeria

Femi Otedola, a leading figure in Nigeria's finance sector, has voiced support for a windfall tax to ensure fair wealth distribution. Highlighting extravagant bank spending and the need for efficient operations, Otedola calls for a focus on public services and ethical leadership. He also supports government reforms aimed at economic development and aiding struggling sectors.