Serbian PM moves to oust finance minister, risking election

Premier car cos bet high on finance offers to push sales

“We have no time for mistakes.” In response, Dinkic accused Dacic of “pure politicking” to cement his own position as premier. The nationalist SNS is riding high in opinion polls and stands to gain the most from a new election, which would likely cement its dominance of the Serbian political scene. But elections, and the weeks or months it would take to form a government, will cost valuable time in shoring up national finances and implementing a landmark accord between Serbia and its former Kosovo province, brokered in April by the EU. That would likely delay the start of EU accession talks, penciled in for January.

GE Capital Retail Finance Celebrates 80 Years of Consumer Financing

Thank you for working with Lowes and our customers to help grow our business over the years by always looking for new ways to improve. Today, more than ever, private label credit cards and special financing programs play a significant role in building business for the retailer and stimulating customer loyalty and satisfaction, said Margaret Keane, CEO and president, GE Capitals Retail Finance business. Beyond the eight decades of consumer financing expertise, we bring innovative solutions to our clients, including deep industry knowledge, marketing and analytic capabilities, and tools that help them enhance sales and service. As it has for the past 80 years, GE Capitals Retail Finance business continues to: Provide billions of dollars in consumer financing through major retailers and more than 200,000 small- and mid-sized businesses throughout the United States. Serve business owners across nearly 20 industries, including apparel, appliances and consumer electronics, art, automotive aftermarket, home furnishings, elective healthcare, floor covering, home improvement, jewelry, music, online retailers, outdoor power equipment, powersports, sporting goods, and many others. Support clients with proprietary online technology such as BusinessCenter, which includes service, marketing and sales tools, as well as Learning Center, providing businesses with access to comprehensive training for their teams on consumer financing.

Finance Ministry launches manual on composite budgeting

Ministry of Finance

We offer our customers facility to pay interest amount every month, while principle amount is to be paid by them at the year-end. Now, it is up to the customers to go for pre-determined tenure for payment of principle amount. Under this scheme, we are offering repayment tenure of 84 months, against the normal tenure of 36 months in normal finance cases, which allows a customer to pay merely Rs 999 per day, added Anand. Both BMW and Mercedes are providing EMI (equated monthly instalment) schemes known as Bullet and Balloon. Under Bullet finance, the customer has to pay a normal EMI for the 11 months of the year and a comparatively bigger amount at the year-end.

The composite budget forms part of public financial management reforms by the government aimed at improving efficiency and accountability of MMDAs operating at various levels. Also, the composite budget is to see to the effective allocation of resources to enhance service delivery of the various MMDAs. At the maiden conference for MMDA budget officers in Accra, a Deputy minister of finance, Mr Kwaku Ricket Hagan, explained that the various reforms by the ministry was to deal with challenges of public financial management to put such systems on a sound footing and propel the country for growth and also move it from the present low middle income status into a higher middle income bracket. He said the government was committed to ensuring that resources for decentralised functions were transferred through the composite budget process to MMDAs to improve service delivery. I assure you that government is taking the necessary steps to ensure that resources are disbursed in a more predictable and timely manner, he said.

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