Internal audit and external auditors say grant-management gaps and SAP reporting problems are delaying Anchorage audits Internal audit and outside auditors told the Anchorage Municipality audit committee that missing training, poor documentation and SAP reporting gaps are preventing reliable grant reconciliations and delaying the city's single audit and financial-statement completion; staff said they are working on policy manuals, a master grants list and training flags.

Gaps in grant management and SAP reporting are putting Anchorage's financial audits at risk, threatening funding and transparency!

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#AnchorageMunicipality #AK #FinancialReform #CitizenPortal #AuditTransparency #AnchorageGrantManagement #GrantAdministration

Senate unanimously approves garnishment, bankruptcy exemption changes The Senate approved a floor substitute for Senate Bills 835 and 1111 in a unanimous 32‑0 vote; sponsors said the joint measure updates garnishment rules and increases bankruptcy exemptions, with an effective date for certain sections.

The Missouri Senate has unanimously passed a pivotal measure that updates garnishment procedures and boosts bankruptcy exemptions—what does this mean for you?

Learn more here!

#MO #FinancialReform #CitizenPortal #ConsumerProtection #LegalTransparency #MissouriBankruptcy

Senate advances bill letting rural hospitals file for reorganization bankruptcy without county-wide filing Senate File 5 would allow memorial and district hospitals to pursue chapter 9 reorganization bankruptcy independently of their county, a change sponsors say protects rural access to care; the committee adopted an immediate‑effect amendment.

Wyoming's Senate is paving the way for rural hospitals to file for bankruptcy independently, ensuring they can reorganize and continue serving their communities without dragging counties into financial turmoil.

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#WY #CivicAccountability #FinancialReform #CitizenPortal

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Lebanon has been granted extra weeks to meet IMF requirements for financial reforms and deposit recovery. Progress is essential for a funding agreement, but ongoing political issues and upcoming elections may delay necessary actions.

#Lebanon #IMF #FinancialReform

Committee approves bill allowing hospitals, hospital districts to use reorganization bankruptcy A committee voted to let memorial hospitals and hospital districts use a reorganization bankruptcy tool to restructure debts and remain open, and adopted an amendment making the law effective immediately upon the governor's signature. Supporters said the change is a tool to keep rural hospitals operating; the committee approved the measure unanimously.

Wyoming's Senate just took a bold step to save struggling rural hospitals by advancing a bill that allows them to restructure debts without triggering county-wide bankruptcies!

Learn more here

#WY #FinancialReform #CitizenPortal #RuralHealthcare #CommunitySupport

Board hears bill that would allow surety bonds in place of financials, and end Go Build funding requirement Board staff told members of a pending bill that would let contractors provide surety bonds worth at least 50% of a requested monetary limit instead of audited financial statements, and would remove the board's obligation to fund Go Build; members pressed staff on timing and the potential impact on Go Build's funding.

Tennessee contractors could soon trade financial statements for surety bonds, shaking up the industry and reshaping funding for Go Build!

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#TN #RegulatoryChange #FinancialReform #CitizenPortal #TennesseeContractors #ConstructionSafety

Orange County adopts amendment to Visit Orlando agreement after comptroller audit; auditors say $10.4M reclassified to public accounts After months of audit work and negotiations, the County Commission approved a third amendment clarifying how Visit Orlando classifies tourist development tax (TDT) revenues, requires overhead allocation and shortens fund‑carryforward rules. Comptroller Diamond praised reclassification of roughly $10.4 million to publicly disclosed TDT accounts.

Orange County just approved a major amendment that reclassifies $10.4 million in tourist tax revenues to boost transparency and accountability for Visit Orlando!

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#OrangeCounty #FL #FinancialReform #CitizenPortal #TourismAccountability #PublicTransparency

Banking
(Smiting the Banks)

@financialtimes.com

In banking, fiat currency and the money multiplier effect debases your economy. It strips personal and collective assets of their true value.

#Banking #TheMonetarySystem
#EconomicReform #FinancialReform

en.wikipedia.org/wiki/Bank

@financialtimes.com

I will be ministering to you and including you in some of my forthcoming threads. If you block me, I will document the fact and use it in my future communications.

#Jesus #TheSecondComing
#MonetaryReform #FinancialReform
#TheReformationOfTheBanks

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French Foreign Minister Jean-Noël Barrot will visit Beirut to meet key officials, emphasizing France's support for Lebanese sovereignty and ongoing reforms. The discussions will prepare for a conference on supporting Lebanon's armed forces and financial aid.

#Lebanon #France #FinancialReform

Michel Barraud and Laurent Delaunay Take Helm of Burgundy Wine Committee in Leadership Overhaul New co-presidents pledge financial reforms and strategic planning as Burgundy’s wine sector braces for economic and climate challenges

Michel Barraud and Laurent Delaunay Take Helm of Burgundy Wine Committee in Leadership Overhaul #BurgundyWine #WineLeadership #SustainableWinemaking #ClimateChallenges #FinancialReform

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MP Michel Daher highlighted a $5 billion fiscal loss for Lebanon due to the government's inaction on the customs dollar rate, urging Parliament to take accountability and implement strategies to restore economic stability and attract investments.

#Lebanon #Economy #FinancialReform

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MP Fouad Makhzoumi criticized the Lebanese budget proposal for lacking a clear financial vision, stating it perpetuates the country's economic crisis without providing real solutions or pathways for recovery.

#Lebanon #BudgetCrisis #FinancialReform

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MP Wadah Sadek expressed confidence in President Joseph Aoun's government, highlighting the need for amendments to the financial law and functional institutions. He criticized divisive rhetoric from Hezbollah and urged Parliament to act responsibly.

#Lebanon #Politics #FinancialReform

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MPs, led by Nabih Berri, honored late MP Massoud Hajjar during intense pre-election talks on Lebanon's budget and systemic financial issues, emphasizing the need for timely elections and addressing public sector challenges.

#Lebanon #FinancialReform #PoliticalCrisis

As Trump Targets Credit Cards With 10% Black Swan Cap It's Time To Look At Other Options

Trump targets credit cards with 10% cap, consider $PYPL, $V. Alternatives to high-interest loans emerge.
#FinancialReform #CreditCardRevolution

http://zip1.io/4Y2kNx

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Lebanese PM Nawaf Salam and French FM Jean-Noël Barot met at Davos to discuss Lebanon's security, political challenges, and support for the Armed Forces. They emphasized financial reforms to restore order and regain international trust.

#Lebanon #Davos2023 #FinancialReform

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Deputy Ghassan Hasbani criticized Lebanon's financial reform law, urging clarity and IMF coordination. He cautioned against rushing the bill and stressed the need to rebuild trust in the banking sector.

#Lebanon #FinancialReform #EconomicCrisis

Banks are sweating over the loophole in the GENIUS Act, but isn’t it just that they can’t adapt to change?
Users are chasing new forms of value. Sticking only to old safety nets won’t keep up with the future of finance.
#Stablecoins #DeFi #FinancialReform 🚀

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The Lebanese Cabinet will meet on January 13 to address the financial crisis and discuss strategies for resource management and necessary reforms amid ongoing economic challenges.

#Lebanon #EconomicCrisis #FinancialReform

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Debates in Lebanon about a new financial gap law highlight political tensions, with disputes over its constitutionality and implications for depositors and government accountability. Expert opinions on its classification vary. #LebanonPolitics #FinancialReform #ConstitutionalLaw

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Lebanon's Info Minister Dr. Paul Marqos raised concerns about a draft law on deposit recovery, highlighting weaknesses in depositor protection and the state's role. He emphasized the importance of international support to rebuild trust in the banking sector.

#Lebanon #FinancialReform #BankingSector

Iran’s new central bank governor pledges economic stability Abdolnasser Hemmati, newly appointed governor of the Central Bank of Iran (CBI), has pledged to restore economic stability by taking firm action against loss-making banks, curbing excess liquidity growth and dismantling distortions caused by multiple

Abdolnasser Hemmati, newly appointed governor of the Central Bank of Iran (CBI), has pledged to restore economic stability by taking firm action against loss-making banks, curbing excess liquidity… Bne IntelliNews #IranEconomy #EconomicStability #CentralBank #AbdolnasserHemmati #FinancialReform

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The Lebanese government approved a project to address financial gaps for IMF support, but economists caution it harms depositors and lacks liquidity, risking banks. Urgent reforms are needed amid continuing economic issues. #Lebanon #FinancialReform #BankingCrisis

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Lebanese PM Nawaf Salam highlights the importance of the Cabinet's financial gap law for recovery and depositor rights, assures timely elections, and commits to meeting citizens' needs amid economic challenges. #Lebanon #NawafSalam #FinancialReform

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Lebanese ministers from various parties are against the financial gap law, with calls for amendments by the Minister of Information. This highlights Lebanon's ongoing struggles with economic reform. #Lebanon #FinancialReform #PoliticalTensions

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The Democratic Gathering is ready to support the financial gap law if it includes reforms aimed at ensuring deposit returns, fairness for depositors, and restoring economic confidence in Lebanon.

#Lebanon #FinancialReform #EconomicConfidence

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Lebanon is at a critical point as the government implements controversial financial reforms seen as favoring IMF mandates over local priorities, raising concerns about depositors' rights and the country's stability amid ongoing crises.

#LebanonCrisis #FinancialReform #EconomicStability

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Lebanon's Minister of Communications, Charbel Haj, called the financial gap law crucial for citizens' futures, emphasizing its careful implementation after a six-year delay. Central Bank Governor Riad Salameh will clarify details in ongoing discussions.

#Lebanon #FinancialReform #EconomicImpact

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Karim Saadé, Lebanon's Central Bank Governor, praised the financial gap law as a vital step toward justice for the Lebanese people. President Joseph Aoun agrees, viewing it as essential for economic reforms, highlighting cooperation to tackle economic issues.

#Lebanon #Economy #FinancialReform