fetch 1.41 trillion taka as tax revenue and 262.40 billion taka as non-tax revenue. The overall budget deficit was estimated at 550.3 billion taka or 4.6 per cent of the GDP while Muhith proposed that the deficit financing would be met through foreign loans and domestic borrowings. The proposed budget allocated 23.17 per cent of the overall resources to social infrastructure sector, mainly to human resources, 30.18 per cent to physical infrastructure sector and 22.45 per cent to general services. Budget(2013-2014)
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However, the New Order administration in the 1960s, brought about a new degree of discipline to economic policy that quickly brought inflation down, managed foreign debt, but more importantly, attracted foreign investment through financial liberalization. As massive inflows of foreign investment poured into the country, problems soon arose with regulation and oversight. These structural weaknesses created instability and ultimately multiplied the effects of the Asian Financial Crisis in 1997. With strong
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Contents Annual Report Annual Report ABN AMRO Group N.V. 2011 Notes to the reader Introduction This is the Annual Report for the year 2011 of ABN AMRO, which consists of ABN AMRO Group N.V. and its consolidated subsidiaries. The Annual Report consists of the Managing Board report, Supervisory Board report, and the Consolidated Annual Financial Statements. Presentation of information The financial information contained in this Annual Report has been prepared in accordance with
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DBBL Executive Summary Service quality is a good measure for knowing about the performance of a bank.. Nowadays Banking companies are in a competitive market. They are choosing the differentiation strategy to be a market leader because cost leadership is not a good tool for competition due to oligopolistic market. By analyzing bank information system, this paper investigates the service quality perceptions of bank account holders. This paper also examine the relationship between relative importance
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proposed the American Jobs Act on a nationally televised address to a joint session of Congress. This act is a measured approach that will boost job creation (Boushey, 2011). Inside the act includes a number of key proposals that in 2011 had bipartisan support, including infrastructure investments, putting teachers back in school, tax cuts for small businesses, and help for the unemployed (Boushey, 2011). While this may not directly impact Red Bull as a company initially, what this will do in turn is provide
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Research Proposal: Finance; (Financial Engineering, Financial Mathematics & Risk Management) By:Syed Asad Raza Naqvi Index Introduction and Background………………………………………………………………………….3 Interested areas for research and further study (Research Proposal)……………….3 Further explanation of the intended research topics………………………………………..4 Securitization…………………………………………………………………………………………………..4 Credit Derivatives…………………………………………………………………………………………….6 Hybrid Products………………………………………………………………………………………………
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Bancarsuance PT. AXA Mandiri STATEMENT AND EXPALNATION OF INVESTMENT RISK * PT. AXA Mandiri Financial Services is a joint venture life insurance company between PT. Bank Mandiri (Corporate), Ltd. and National Mutual International Pty. Ltd. Part of Group, and starts operating in Indonesia since December 2003 * Insurance products and AMFS unit links that are marketed through Bank Mandiri branches nowadays are Wealth Mandiri Investment or Mandiri Investasi Sejahtera (MIS), Wealth Mandiri Planning
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evaluate the Different Modes Investment of Islamic Bank Bangladesh Ltd. (IBBL) in terms of productivity and effectiveness. [pic] There are mainly two objectives behind the preparation of this report such as primary objectives and secondary objectives. These are discussed as under: The initial Objective: The initial objective of preparing this report is to fulfill the partial requirements of the BBA program and to represent the ‘General Banking System’, ‘Investment mechanism’, and ‘Foreign Exchange
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May 2014 Student Loans Rising An Overview of Causes, Consequences, and Policy Options William Gale, Director, Retirement Security Project, The Brookings Institution, and Co-Director, Urban-Brookings Tax Policy Center Benjamin Harris, Deputy Director, Retirement Security, The Brookings Institution, and Fellow, Urban-Brookings Tax Policy Center Bryant Renaud, Research Assistant, Economic Studies, The Brookings Institution Katherine Rodihan, Claremont McKenna College The authors thank Elizabeth
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economic order. Keywords: Interest free economy, Islamic Economic System, Mudarabah, Agency Problem, Moral Hazard, Adverse Selection. 1. Introduction Riba in Islamic Shariah refers to ‘Anything paid/charged over and above the principal amount on a loan’. Allah in Quran said “Do not do wrong nor be wronged” (Al Baqarah: 279). It means that interest either results in injustice to the borrower or sometimes, it could result in injustice to the
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