MNI China Daily Summary: Monday, June 17

MNI BRIEF: China To Retaliate Against EU Pork Products

MNI BRIEF: China Consumption Can Continue Acceleration - NBS

MNI: PBOC Conducts CNY182 Bln Via 1Y MLF Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1149 Mon; -1.41% Y/Y

CHINA PBOC CONDUCTS CNY4 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

EZ/UK T-Bill Calendar: 6-Month ESM-Bill Auction on Tuesday

Empire Survey Shows Improving Manufacturing Optimism At End-Q2

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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FinMin to Table Pension Withdrawal Bill at MTBPS

SOUTH AFRICA
  • FinMin Godongwana to table a bill in November to allow struggling or highly-indebted workers to access up to a third of their pension by next year
  • Cosatu Sec Gen says the FinMin would announce this at the 4 Nov Medium-term Budget (MTBPS)
  • In terms of the proposal, there will also be a later bill where workers will have access to one third of their pensions in a savings pot, and it is hoped that this may encourage more savings – with the knowledge it will be accessible when there is a need.
  • The other two thirds will be in a preservation pot. Conditions on when this two-thirds pot could be accessed, for example, in the event of losing one's job, need to be finalised - IOL News
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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