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Tag:

budget

  • US and World News

    US budget fight could create opening for China in the Pacific

    by Reuters October 5, 2023
    by Reuters October 5, 2023

    By David Brunnstrom WASHINGTON (Reuters) – A 45-day stopgap measure passed by the U.S. Congress to avert a government shutdown has left potential funding shortfalls for strategic Pacific island states, …

  • Business News

    Portugal PM sees budget surplus in 2023, its second in almost 50 years

    by Reuters October 3, 2023
    by Reuters October 3, 2023

    By Sergio Goncalves LISBON (Reuters) – The Portuguese government will end the year with a budget surplus, its second in almost five decades, compared with a deficit equivalent to 0.4% …

  • US and World News

    Kremlin sees U.S. budget setback for Ukraine as harbinger of Western war fatigue

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    MOSCOW (Reuters) – The Kremlin said on Monday it believed a decision by U.S. Congress to pass a stopgap funding bill that omitted aid for Ukraine was a temporary setback …

  • Business News

    French government rams long-term budget bill through parliament

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    PARIS (Reuters) – The French government rammed a long-term public finance bill through parliament without a vote, in a bid to secure billions of euros of EU funding. Using the …

  • Business News

    UK’s IFS sees 90% chance of budget deficit overshoot by 2027/28

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By David Milliken LONDON (Reuters) – Britain’s Institute for Fiscal Studies (IFS) estimated on Thursday that there was a 90% chance that public borrowing in four years’ time would be …

  • Business News

    Italy sees 2023 budget deficit overshoot at around 5.5% of GDP, sources say

    by Reuters September 22, 2023
    by Reuters September 22, 2023

    By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% target, sources told Reuters, pushed …

  • Business News

    Analysis-A year after budget crisis, UK debt faces fresh pensions headwind

    by Reuters September 22, 2023
    by Reuters September 22, 2023

    By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2 trillion pound ($2.5 trillion) government bond market …

  • Business News

    Indonesia parliament passes Jokowi’s $216 billion 2024 budget

    by Reuters September 20, 2023
    by Reuters September 20, 2023

    JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with a fiscal deficit of 2.29% …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    University Guts Academic Programs, Eliminates Over 100 Jobs Amid Budget Troubles

    by The Daily Caller September 16, 2023
    by The Daily Caller September 16, 2023

    University Guts Academic Programs, Eliminates Over 100 Jobs Amid Budget Troubles Nicole Littlefield on September 15, 2023 The West Virginia University (WVU) Board of Governors voted Friday to remove 28 …

  • Business News

    New Thai govt approves higher spending, budget deficit for fiscal 2024

    by Reuters September 13, 2023
    by Reuters September 13, 2023

    BANGKOK (Reuters) -Thailand’s new cabinet on Wednesday approved a plan for higher fiscal 2024 spending of 3.48 trillion baht ($97.29 billion) and a larger budget deficit of 693 billion baht, …

  • Business News

    Germany’s 2024 budget reverses fiscal trend since 2019

    by Reuters September 12, 2023
    by Reuters September 12, 2023

    BERLIN (Reuters) – Germany’s debt has grown since 2019 due to the pandemic and the war in Ukraine but the pattern will change this year, German Finance Minister Christian Lindner …

  • Business News

    New Zealand forecasts much larger budget deficit but improved economy

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government on Tuesday predicted a larger budget deficit but better-than-expected economic conditions in the year ahead, as it updated forecasts heading into …

  • Business News

    UK’s Hunt to focus on reducing inflation in November budget update – Bloomberg

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    LONDON (Reuters) – British finance minister Jeremy Hunt will focus his Nov. 22 budget update on reducing inflation and does not expect forecasts to show the government has extra money …

  • Business News

    EU cuts Italy GDP outlook, crimping room for Meloni’s budget promises

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    By Giuseppe Fonte ROME (Reuters) – The European Commission on Monday cut its forecasts for the Italian economy this year and next, following a slew of weak data which limits …

  • Business News

    Turkey to seek more revenue outside budget, including privatisation -Simsek

    by Reuters September 11, 2023
    by Reuters September 11, 2023

    ISTANBUL (Reuters) – Finance Minister Mehmet Simsek said on Monday that Turkey’s government would seek further revenues outside the budget, including from privatisation, and that quantative tightening will be carried …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    NYC Announces Budget Cuts After Mayor Says Migrant Crisis ‘Will Destroy’ Big Apple

    by The Daily Caller September 10, 2023
    by The Daily Caller September 10, 2023

    NYC Announces Budget Cuts After Mayor Says Migrant Crisis ‘Will Destroy’ Big Apple Jake Smith on September 9, 2023 New York City Mayor Eric Adams announced a 5% budget cut …

  • Business News

    Brazil central bank applauds Lula’s budget bill, stresses fiscal improvement need

    by Reuters September 1, 2023
    by Reuters September 1, 2023

    BRASILIA (Reuters) – Brazil’s top central bank officials on Friday praised the government’s commitment to eliminate the primary deficit in its 2024 budget, saying fiscal improvement is vital for aligning …

  • Business News

    Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit

    by Reuters September 1, 2023
    by Reuters September 1, 2023

    PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion) deficit, according to a draft of the legislation sent …

  • Business News

    Qatar records $2.74 billion budget surplus in Q2, spending up sharply

    by Reuters August 31, 2023
    by Reuters August 31, 2023

    By Rachna Uppal (Reuters) – Qatar recorded a budget surplus of 10 billion riyals ($2.74 billion) in the second quarter of 2023, the finance ministry said on Thursday, despite lower …

  • Business News

    South Korea focuses on fiscal discipline with smallest budget increase in two decades

    by Reuters August 28, 2023
    by Reuters August 28, 2023

    By Jihoon Lee SEOUL (Reuters) – South Korea’s government plans to raise budget spending to nearly $497 billion for 2024, but the proposed increase is the smallest in two decades …

  • Business News

    Poland’s 2024 budget to see big spending on defence, social benefits

    by Reuters August 24, 2023
    by Reuters August 24, 2023

    WARSAW (Reuters) – Poland plans to raise spending on defence, health, social benefits and public sector pay in 2024, the prime minister said on Thursday, after the government approved the …

  • Business News

    Russia abandons budget rule in effort to save tanking rouble

    by Reuters August 9, 2023
    by Reuters August 9, 2023

    By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency …

  • Business News

    Brazil faces setbacks on push to erase budget deficit

    by Reuters August 1, 2023
    by Reuters August 1, 2023

    By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for Brazil’s government to balance its budget and erase a primary …

  • Business News

    Colombia proposes 502.6 trillion pesos 2024 budget

    by Reuters July 29, 2023
    by Reuters July 29, 2023

    BOGOTA (Reuters) – Colombia’s government on Saturday presented a budget proposal worth 502.6 trillion pesos ($127.8 billion) for 2024 to Congress, 19% greater than this year, the Finance Ministry said, …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    DAVID BLACKMON: Alaska’s Budget Problems Are A Cautionary Tale For Texas

    by The Daily Caller July 29, 2023
    by The Daily Caller July 29, 2023

    DAVID BLACKMON: Alaska’s Budget Problems Are A Cautionary Tale For Texas David Blackmon on July 29, 2023 What would happen to Texas if it’s the Biden administration’s ongoing efforts to …

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