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Tag:

budget

  • Business News

    Italy posts firm growth in 2022, but budget deficit overshoots

    by Reuters March 1, 2023
    by Reuters March 1, 2023

    By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Italy posted firm economic growth of 3.7% last year but the budget deficit far exceeded official forecasts due to the cost …

  • New Jersey News

    Oroho Says Massive Spending Increases, Failed Tax Relief Are Hallmarks of Murphy’s Budget Proposal

    by Press Release March 1, 2023
    by Press Release March 1, 2023

    Senate Republican Leader Steven Oroho said Gov. Phil Murphy’s latest budget increases spending by billions while missing the mark on tax relief, school funding, and transparency.

  • New Jersey News

    Senate Republicans Comment on Murphy’s FY 2024 Budget Proposal

    by Press Release March 1, 2023
    by Press Release March 1, 2023

    Senate Republicans commented on Gov. Phil Murphy’s FY 2024 budget proposal saying it’s a massive increase in spending, doesn’t provide inflation relief or transparency, and continues harmful cuts to hundreds …

  • Business News

    UK’s Hunt has extra 30 billion pounds to play with in March budget, IFS says

    by Reuters February 27, 2023
    by Reuters February 27, 2023

    By David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt may have a 30 billion-pound ($36 billion) windfall at next month’s budget, but this will be too short-lived to …

  • Business News

    Brazil’s central govt tops expectations with record January budget surplus

    by Reuters February 27, 2023
    by Reuters February 27, 2023

    BRASILIA (Reuters) – Brazil’s central government posted a better-than-expected primary budget surplus in January on the back of record tax revenues, Treasury data showed on Monday, although the outlook for …

  • Business News

    Canada records C$5.54 billion budget deficit over first nine months of 2022/23

    by Reuters February 24, 2023
    by Reuters February 24, 2023

    OTTAWA (Reuters) – Canada recorded a C$5.54 billion ($4.06 billion) budget deficit for the first nine months of the 2022/23 fiscal year, partly due to a rise in debt charges …

  • Business News

    Russian 2023 budget deficit to widen as price caps take effect – Scope

    by Reuters February 24, 2023
    by Reuters February 24, 2023

    BERLIN (Reuters) – Lower revenues from oil and gas exports will significantly widen Russia’s budget shortfall this year, according to an analysis from the European ratings agency Scope obtained by …

  • New Jersey News

    Senate Republicans Set Priorities for Responsible Budget Proposal Ahead of Governor’s Speech

    by Press Release February 23, 2023
    by Press Release February 23, 2023

    With Gov. Phil Murphy set to deliver the annual budget message next week to the Legislature, Senate Republicans laid out their priorities for a responsible state budget.

  • US and World News

    Analysis-How a U.S. budget dispute imperils funding for Taiwan weapons

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    By Patricia Zengerle and Michael Martina WASHINGTON (Reuters) – U.S. congressional efforts to counter China’s military threats toward Taiwan could stumble over a problem much closer to home: partisan battles …

  • Business News

    Hong Kong under pressure to cut spending in budget as deficit soars

    by Reuters February 21, 2023
    by Reuters February 21, 2023

    By Jessie Pang and Donny Kwok HONG KONG (Reuters) – Hong Kong is under pressure to rein in spending when it unveils its annual budget on Wednesday, after racking up …

  • Business News

    Budget demands of German coalition partners unrealistic, says finance minister

    by Reuters February 20, 2023
    by Reuters February 20, 2023

    By Christian Kraemer and Maria Martinez BERLIN (Reuters) – German Finance Minister Christian Lindner considers the budget demands made by his government coalition partners to be excessive and “simply unrealistic”, …

  • Business News

    Russia stands by 2% of GDP budget deficit plan after huge Jan shortfall

    by Reuters February 17, 2023
    by Reuters February 17, 2023

    By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia’s finance ministry is sticking with plans to post a budget deficit of no more than 2% of gross domestic product (GDP) …

  • US and World News

    U.S. Republicans ask Biden to boost Taiwan in his budget request

    by Reuters February 16, 2023
    by Reuters February 16, 2023

    By Patricia Zengerle WASHINGTON (Reuters) – The top Republicans on U.S. congressional foreign affairs and armed services committees pressed Democratic President Joe Biden on Thursday to include $2 billion in …

  • Business News

    Colombia gov’t to boost 2023 budget by $4.7 billion, minister says

    by Reuters February 16, 2023
    by Reuters February 16, 2023

    BOGOTA (Reuters) – Colombia’s government is expected to hike its 2023 budget by some 23 trillion Colombian pesos ($4.71 billion) in a proposal to be sent to Congress Friday, the …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Republicans Vow To Cut Wokeness From Defense Budget

    by The Daily Caller February 9, 2023
    by The Daily Caller February 9, 2023

    Republicans Vow To Cut Wokeness From Defense Budget Micaela Burrow on February 8, 2023 Republican members of Congress vowed to slash funding for “woke” priorities from the defense budget in …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    Dem-Led City Reports Highest Violent Crime Rate In 15 Years After Slashing Police Budget

    by The Daily Caller February 7, 2023
    by The Daily Caller February 7, 2023

    Dem-Led City Reports Highest Violent Crime Rate In 15 Years After Slashing Police Budget Trevor Schakohl on February 7, 2023 Seattle’s violent crime rate rose to its highest point in …

  • Business News

    Kenya tweaks 2022/23 spending, deficit estimates in supplementary budget

    by Reuters February 7, 2023
    by Reuters February 7, 2023

    NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall …

  • Business News

    TotalEnergies raises by 15% bonus budget for some key French staff

    by Reuters February 2, 2023
    by Reuters February 2, 2023

    PARIS (Reuters) – French oil giant TotalEnergies said on Thursday that it would raise by 15% the budget allocated to bonuses for some of its staff in France in view …

  • Business News

    Canada records C$3.55 billion budget deficit over first eight months of 2022/23

    by Reuters January 27, 2023
    by Reuters January 27, 2023

    OTTAWA, Jan 27 (Reuters) – Canada recorded a C$3.55 billion ($2.67 billion) budget deficit for the first eight months of the 2022/23 fiscal year, partly due to higher debt charges, …

  • Business News

    Mongolia calls on Rio Tinto to keep budget for giant copper mine in check

    by Reuters January 26, 2023
    by Reuters January 26, 2023

    By Clara Denina LONDON (Reuters) – Mongolia has asked Rio Tinto, its partner in the huge Oyu Tolgoi copper and gold mine in the Gobi desert, not to further increase …

  • Business News

    Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15

    by Reuters January 25, 2023
    by Reuters January 25, 2023

    By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office (CBO) said on Wednesday that it plans to release its 2023 baseline budget and economic forecast on Feb. 15, along …

  • New Jersey News

    Republican Budget Members Blast Murphy Administration Plans to Tax Cloud Computing & Software Subscription Services

    by Press Release January 25, 2023
    by Press Release January 25, 2023

    Republican members of the Senate Budget Committee blasted a new report from the Murphy Administration that calls for the taxation of cloud computing and software subscription services.

  • Business News

    India’s 2023/24 budget likely to be cautious, cutting deficit

    by Reuters January 25, 2023
    by Reuters January 25, 2023

    By Aftab Ahmed NEW DELHI (Reuters) – The Indian government will present a budget on Feb. 1 that will likely put deficit reduction ahead of vote-winning spending, even as Prime …

  • Business News

    India may peg nominal GDP growth at about 11% in 2023/24 budget- sources

    by Reuters January 24, 2023
    by Reuters January 24, 2023

    By Shubham Batra and Aftab Ahmed (Reuters) – India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking …

  • Business News

    Russia may hike taxes as military spending, oil price weigh on budget

    by Reuters January 15, 2023
    by Reuters January 15, 2023

    By Darya Korsunskaya MOSCOW (Reuters) -Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may …

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