Australia Finance Minister Penny Wong underlined the necessity to decrease the sum spent on the government day-to-day spending. This way the Australians can save up to A$465 million only in May. This is a temporary measure to save additional money in the conditions of economy decrease. The dividend will be risen rise to 1.5% for 2011-2012 and then for the period of 2012-2013 the dividend will the set on the level of 2010-2011 – 1,25%.
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Spain Finance minister reported that the pressure on Spain finance market is temporary and that new changes will be made to all the sectors of national economy. Elena Salgado claimed that a sudden increase in bond interest rates this Tuesday were of no great importance and were observed in many other countries as well. Spain Finance Minister thinks that the country is on the right path and this is proved by the IMF recognition. She also reported that positive economic changes were observed in Spain during several last months and added she is sure that this positive trend will continue.
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