Ministry of Finance

Money Moves

Holds a seat on the central bank board

Colombia's central bank raised its benchmark interest rate by a quarter point to 12.25% on September 30, a move that surprised forecasters who expected a hold. The 4-2-1 vote came in the new government of President Abelardo De La Espriella and lifted the rate to its highest level since March 2024.

Updated 6 days ago

Rule Changes

Notified commencement of the Bankers' Books Evidence Act, 2026

Indian exporters, banks, and millions of customers woke up October 1 to a new financial regulatory regime. The Reserve Bank of India and the finance ministry brought into force a batch of rules covering bulk-deposit pricing, stressed-asset accounting, export proceeds, and digital bank records.

Updated 7 days ago

Rule Changes

Lead issuer of the mortgage interest subsidy; pays 90% of subsidy funds

China's central government will start paying part of the interest on new mortgages for first-time homebuyers on October 1. The subsidy covers 1 percentage point of annual interest on qualified loans for up to five years, the first time Beijing has directly subsidized commercial mortgage interest.

Updated Sep 30

Money Moves

Oversees fiscal policy and public debt

Thailand's cabinet approved 1.26 trillion baht ($37.5 billion) in new borrowing for the fiscal year starting October 1. The plan puts public debt on track to hit 69.7% of gross domestic product, less than a point under the legal ceiling of 70%.

Updated Sep 30

Money Moves

Leading the recapitalization

Eight of China's largest state-owned banks and insurers will receive US$53.6 billion in fresh capital from the finance ministry. The 360 billion yuan injection, funded by special treasury bonds, is the biggest coordinated recapitalization since last year.

Updated Sep 7

Money Moves

Source of Treasury funds flows through the banking system

Every business day the Bank of Japan releases a two-page table showing how it managed the roughly ¥550 trillion that Japanese banks hold on deposit at the central bank. The August 24, 2026 statement is one entry in that record — a routine liquidity operation, unremarkable on its own.

Updated Aug 24