(Reuters) – Russia recorded a budget deficit of 2.3% of its gross domestic product in 2022, Finance Minister Anton Siluanov said on Tuesday, reflecting the burden of the Ukraine war …
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BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved a budget of 3.35 trillion baht ($100 billion) for the fiscal year 2024. The new budget is 5.18% bigger than the previous …
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By Nevzat Devranoglu and Daren Butler ANKARA (Reuters) – President Tayyip Erdogan’s decision to allow more than 2 million Turkish workers to retire early is his latest measure to ease …
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Italy’s parliament gives final approval to government’s 2023 budget
by Reutersby ReutersROME (Reuters) – The Italian government on Thursday comfortably won a vote of confidence in the Senate over its expansionary 2023 budget, obtaining parliament’s final approval of the package a …
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KUALA LUMPUR (Reuters) – Malaysia’s new government will present its budget for 2023 on February 24, according to a schedule published on the parliament’s website. The previous administration under former …
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Tunisia union threatens to ‘occupy the streets,’ rejects 2023 budget
by Reutersby ReutersBy Tarek Amara TUNIS (Reuters) – Tunisia’s powerful UGTT union will hold mass protests and “occupy the streets” soon to show its rejection of next year’s austerity budget, the leader …
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Hungary imposes windfall tax on drug producers to plug budget gap
by Reutersby ReutersBUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and 2023, as it tries to plug holes in the state …
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Japan Signs Off On Record Defense Budget, Including Billions For American Weapons
Japan Signs Off On Record Defense Budget, Including Billions For American Weapons Micaela Burrow on December 23, 2022 Japan’s leadership put final approval to a historic defense budget increase, including …
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Romney Says He Didn’t Trust GOP-Controlled House To Craft A Budget
Romney Says He Didn’t Trust GOP-Controlled House To Craft A Budget Harold Hutchison on December 22, 2022 Republican Sen. Mitt Romney of Utah said Thursday that he backed a $1.7 …
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ROME (Reuters) – Italy’s government asked on Thursday for the lower house of parliament to hold a confidence vote on the 2023 budget to speed up its approval and ensure …
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No spending spree likely in last full Indian budget before 2024 election: Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU (Reuters) – The Indian government will focus on fiscal consolidation in its Feb. 1 budget, the last full one before a 2024 general election, according to …
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Congress Just Supersized A Key Part Of The Pentagon’s ‘Diversity’ Budget. Here’s Where The Money Is Going
Congress Just Supersized A Key Part Of The Pentagon’s ‘Diversity’ Budget. Here’s Where The Money Is Going Micaela Burrow on December 19, 2022 Editor’s note: This article has been updated. …
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Brazil’s top court lifts Lula with ‘secret budget,’ social spending rulings
by Reutersby ReutersSAO PAULO (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva scored two key victories on Monday, after the Supreme Court granted an injunction allowing him to increase social investment, while …
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Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
by Reutersby ReutersMANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a record 5.27 trillion pesos ($94.78 billion) spending to support his …
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Greek Jan-Nov primary budget deficit beats target, tax revenues help
by Reutersby ReutersATHENS (Reuters) -Greece’s central government reported a lower-than-expected primary budget deficit in the first 11 months of the year as tax revenues slightly beat initial estimates, finance ministry data showed …
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EU Commission approves Italy’s 2023 draft budget despite reservations
by Reutersby ReutersBRUSSELS (Reuters) -Italy’s draft 2023 budget draft, drawn up by its new government, is overall in line with policies agreed by EU governments, the European Commission said on Wednesday, noting …
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New Zealand forecasts recession next year but a narrower budget deficit
by Reutersby ReutersBy Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target …
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Russia to see huge budget deficit in Dec after Gazprom-fuelled surplus in Nov
by Reutersby ReutersMOSCOW (Reuters) – Russia’s monthly budget deficit could reach 3.5 trillion roubles ($55.38 billion) in December for the government to see an annual deficit at 2% of GDP as promised, …
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Serbia’s parliament adopts 2023 budget, sets growth at 2.5%, deficit at 3.3%
by Reutersby ReutersBELGRADE (Reuters) – Parliament adopted Serbia’s budget for next year on Friday, projecting growth at 2.5% of national output and a 3.3% deficit, down from 3.9% set for 2022, as …
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Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources
by Reutersby ReutersBy Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …
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Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources
by Reutersby ReutersBy Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …
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Venezuela sees oil exports financing almost two-thirds of 2023 budget
by Reutersby ReutersBy Mayela Armas CARACAS (Reuters) – Venezuela’s government expects oil exports to finance 63% of its national budget in 2023, a document seen by Reuters showed, a slightly higher proportion …
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MEXICO CITY (Reuters) – Low-cost carrier Volaris’ El Salvador operation will expand its flights to the United States, adding three new routes out of the San Salvador airport, the company …
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Brazil central govt posts primary budget surplus of $5.8 billion in October
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above the 25.7 billion reais surplus …
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Romania’s Jan-Oct consolidated budget deficit at 3.37%/GDP-Finance Minister data
by Reutersby ReutersBUCHAREST (Reuters) – Romania’s consolidated budget deficit widened to 3.37% of gross domestic product in the first ten months from 3.04% at the end of September, finance ministry data showed …