finance simon

Minister of State with responsibility for Financial Services, Credit Unions, and Insurance, Robert Troy TD, has today welcomed the latest CSO data for June 2026 which confirms that motor insurance premiums have decreased for the ninth successive month. The latest set of insurance reforms, launched by Minister Troy in July 2025, have seen an almost immediate impact. Motor insurance premiums have been gradually decreasing since October 2025 and are down 3.3% year on year. They are now 36.3% lowe…

Washington, July 5 (SANA)African economies will continue to pay the price of the oil price shock caused by the war in the Middle East, despite the recent decline in prices following the interim US-Iran agreement on June 18, according to data from Oxford Economics cited by CNN Business. The sharp rise in energy costs, driven by the closure of theStrait of Hormuz, has pushed up inflation, reduced purchasing power and increased production costs across the continent, keeping growth projections weak…

The latest set of government accounts supports other evidence that the economy is strengthening, Finance Minister Nicola Willis says. The Financial Statements of the Government for the 11 months to May show core Crown revenue up $1.7 billion on the forecasts in the Budget and core Crown expenses $900 million lower than forecast. “The biggest contributor to the improvement in Crown revenue was corporate tax revenue being $700 million higher than forecast. This is positive because it indicates a…

The Government of Benin continues its actions to promote the development of economic activities in modern urban and regional markets throughout the national territory. In this dynamic, an important measure to reduce royalties was decided in order to allow traders to better meet their obligations while strengthening their activities. The good news was announced to those responsible for the various markets by the Minister of Internal Trade, in charge of the Formalization of the economy on Wednesda…

The Central Statistics Office today (2nd July) published the Annual National Accounts for the full year 2025 and revised estimates for the first quarter of 2026. Commenting on the figures, the Tánaiste and Minister for Finance, Simon Harris. T.D. said: “I welcome today’s data from the CSO which confirms that the domestic economy continued to grow strongly last year. Rising real incomes, boosted by a robust labour market, supported consumer spending, which grew solidly by 2½ per cent. At the s…