Due to a deterioration in the global economy, Deputy Prime Minister and Finance Minister of Mauritius Xavier-Luc Duval has confirmed plans to provide for a special ‘Rainy Day Fund’ or ‘Fighting Fund’ in the country’s 2012 budget, designed to support strategic sectors currently in difficulty and to support employment and growth.

Medvedev Delivers Three-Year Budget Statement

7/6/2011

Russia must modernize its economy as a priority, President Dmitry Medvedev has said, setting out a twelve point programme for the next three years, and hinting at a partial overhaul of the country's tax system and a wave of privatization.

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	Australia Passes Clean Energy Legislation 11/14/2011 On November 8, the multiple Bills comprising the Clean Energy legislative package were passed into law by the Australian Senate, a package that will force about 500 of the country’s biggest polluters to pay a levy of AUD23 (USD23) for each tonne of carbon dioxide they emit.
	Mauritius Eyes 'Rainy Day Fund' In 2012 Budget 10/6/2011 Due to a deterioration in the global economy, Deputy Prime Minister and Finance Minister of Mauritius Xavier-Luc Duval has confirmed plans to provide for a special ‘Rainy Day Fund’ or ‘Fighting Fund’ in the country’s 2012 budget, designed to support strategic sectors currently in difficulty and to support employment and growth.
	Medvedev Delivers Three-Year Budget Statement 7/6/2011 Russia must modernize its economy as a priority, President Dmitry Medvedev has said, setting out a twelve point programme for the next three years, and hinting at a partial overhaul of the country's tax system and a wave of privatization.