Canada records April-June budget surplus of C$10.2 billion on higher tax revenues
By Ismail Shakil OTTAWA, Aug 26 (Reuters) – Canada recorded a C$10.20 billion ($7.89 billion) budget surplus for the first three months of the 2022/23 …
budget
Philippines’ Marcos seeks record $94 billion budget for 2023
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr asked Congress on Monday for a record 5.29 trillion pesos ($94.40 billion) government budget in 2023 to …
Colombia to increase 2023 budget proposal, eyes more debt swaps
BOGOTA (Reuters) – Colombian President Gustavo Petro’s administration will send a proposal to increase the government’s budget for 2023 in the coming weeks to bolster …
Swiss expect 5 billion franc budget deficit due to pandemic, Ukrainian help
ZURICH (Reuters) – The Swiss government is expected to run a budget deficit of 5 billion Swiss francs ($5.25 billion) for 2022, it said on …
U.S. July budget deficit down 30% as COVID spending falls, revenues edge up
WASHINGTON – The U.S. government posted a $211 billion budget deficit for July, a 30% drop from the $302 billion deficit reported in the same …
Japan eyes response to FX moves as item for consideration in FY23 budget
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO – Japan has included measures to respond to currency moves as items for consideration in its fiscal 2023 …
Japan sticks to projection of balancing budget by FY2026
By Daniel Leussink TOKYO – Japan kept the expected timing for achieving a primary balance surplus unchanged at fiscal 2026, suggesting that the government will …
Brazil government improves primary budget deficit forecast for 2022
BRASILIA – Brazil’s government projected a lower primary budget deficit this year, official figures showed on Friday, with a booming tax collection helping to improve …
Hungary approves 2023 budget and deficit cuts after pre-poll spending spree
By Krisztina Than and Anita Komuves BUDAPEST -Hungary’s parliament on Tuesday approved the 2023 budget, which sets out to reduce the budget deficit next year …
U.S. House passes bill boosting Biden’s record defense budget
By Patricia Zengerle WASHINGTON – The U.S. House of Representatives passed a bill on Thursday paving the way for the defense budget to exceed $800 …
China can consider increasing its budget deficits – ex-finance minister
BEIJING – China can consider further deficit spending by the central and local governments, if needed, to finance support for small businesses, a former finance …
The DeSantis Boom: Florida Economy Soars As State Records Highest Budget Surplus Ever
The DeSantis Boom: Florida Economy Soars As State Records Highest Budget Surplus Ever Max Keating on July 8, 2022 Florida ran a budget surplus of …
Hungary’s budget deficit widens to 2.892 trillion forints by end-June
BUDAPEST – Hungary posted a 2.892 trillion forints ($7.21 billion) budget deficit in January-June, the Finance Ministry said on Friday, adding that Prime Minister Viktor …
Ireland should set aside part of 2022 budget surplus – deputy PM
DUBLIN – Ireland should set aside some of the budget surplus it expects to post this year to fund future pensions or to start refilling …
Romanian government plans tax hikes to boost budget
BUCHAREST – Romania’s coalition government plans a series of tax rises from next year, including increasing dividend and property taxes, which are expected to boost …
Agudath Israel of America Applauds New Jersey Governor Phil Murphy’s $50.6 Billion Budget
LAKEWOOD, NJ – Avi Schnall, the New Jersey Director of Agudath Israel of America today applauded Governor Phil Murphy’s massive $50.6 billion budget as it …
France cuts growth outlook, but sticks to budget target – ministry
PARIS – France’s government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation …
Czech finance minister seeks to keep 2022 budget deficit below $14.1 billion
PRAGUE – Czech Finance Minister Zbynek Stanjura said on Sunday he wanted to keep the 2022 state deficit from rising above 330 billion crowns ($14.1 …
Factbox-Canadian lawmakers approve 2022 budget measures on housing, Russian assets
(Reuters) – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a two-year ban on foreign buyers of Canadian homes and a measure …
Canada’s Senate passes budget, greenlighting measures on housing, Russian assets
OTTAWA – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a long list of measures including a two-year ban on foreign home …
Glenn Youngkin’s Budget Slashes Handouts To Illegal Migrants, Advocates
Glenn Youngkin’s Budget Slashes Handouts To Illegal Migrants, Advocates Jennie Taer on June 16, 2022 Republican Virginia Gov. Glenn Youngkin’s new budget proposal released Wednesday …
House Dems Approve Massive Defense Budget Despite Calls To Cut Spending
House Dems Approve Massive Defense Budget Despite Calls To Cut Spending Micaela Burrow on June 16, 2022 The House Appropriations Subcommittee on Defense approved House …
Russia to restrict budget data in response to Western sanctions
(Reuters) – Russia will start restricting public access to some government data in an attempt to protect the country from additional sanctions, the finance ministry …
IMF still has concerns over Pakistan budget – finance minister
By Gibran Naiyyar Peshimam ISLAMABAD – Pakistan’s finance minister said on Saturday that the International Monetary Fund (IMF) has expressed concern about the country’s recently …
No reserves in Germany’s federal budget, says finance minister
BERLIN – Germany’s federal government has reached the limit of its fiscal capacity, its finance minister said, with extra financing to cope with the coronavirus …
GOP Releases Budget Highlighting Need For Oil, Gas Production And Countering Biden Climate Agenda
GOP Releases Budget Highlighting Need For Oil, Gas Production And Countering Biden Climate Agenda Thomas Catenacci on June 9, 2022 The Republican Study Committee (RSC), …
EXCLUSIVE: GOP Budget Proposal Seeks To Reverse Decades Of Anti-Family Policies
EXCLUSIVE: GOP Budget Proposal Seeks To Reverse Decades Of Anti-Family Policies Laurel Duggan on June 9, 2022 The Republican Study Committee (RSC) released a new …
Hot Canada inflation not yet causing a wage spiral – budget watchdog
OTTAWA – Prices in Canada are rising at their quickest pace in 31 years, but that is not yet feeding in to a wage spiral, …
Czech budget deficit to surpass CZK 300 billion in 2022 amid Ukraine war -minister
PRAGUE – The Czech state budget will surpass 300 billion crowns ($13.05 billion) this year, overshooting a 280-billion-crown target, Finance Minister Zbynek Stanjura said, as …
Japan govt drops timeframe for budget balancing target
By Yoshifumi Takemoto and Tetsushi Kajimoto TOKYO – Japan’s government made no mention of a timeframe for balancing the primary budget in its draft mid-year …
Jersey Democrats Block Bill to Refund $500 to New Jersey Taxpayers During State Budget Windfall
by Ed Durr, NJ Senate TRENTON, NJ – During a session of the New Jersey Senate today, Democrats violated the rules of the Senate to …
Canada’s budget deficit falls to C$95.57 billion in fiscal 2021/22 as pandemic wanes
By Julie Gordon Canada’s budget deficit in fiscal 2021/22 shrank to C$95.57 billion ($75.02 billion) from C$314.00 billion in the previous year, as emergency spending …
Dutch budget deficit to rise to 3.4% this year – finance ministry
AMSTERDAM – The Dutch government’s budget deficit will rise to 3.4% of GDP in 2022, the finance ministry said on Friday in its spring budget …
Taliban’s first annual Afghan budget foresees $501 million deficit
By Mohammad Yunus Yawar KABUL – Afghanistan faces a budget deficit of 44 billion Afghanis ($501 million) this financial year, the country’s Taliban authorities said …
Polish budget policy could make it harder to tame inflation – MPC’s Litwiniuk
WARSAW – Bringing Poland’s inflation down to the central bank’s target over the next two years will be difficult if the government increases its efforts …
South Korea drafts $46 billion extra budget to help COVID-hit businesses
SEOUL – South Korea unveiled plans on Thursday to pay more than $20 billion to small businesses and self-employed people to make up for losses …
Norway’s Norse hopes to crack budget transatlantic airline market
By Victoria Klesty OSLO – New Nordic airline Norse Atlantic started ticket sales on Friday for budget transatlantic flights, hoping to succeed where Norwegian Air …
Russia to cover budget deficit with rainy-day fund in 2022, Finance Minister says
(Reuters) – Russia’s National Wealth Fund (NWF), a rainy-day cushion containing oil revenues, will be the main source of financing for a budget deficit seen …
Japan’s draft relief measures include higher fuel aid, extra budget
By Takaya Yamaguchi TOKYO -Japan’s government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the …
U.S. March budget deficit falls sharply as revenues surge, COVID outlays drop
(Reuters) – The U.S. government posted a $193 billion budget deficit in March, less than a third of the $660 billion gap a year earlier, …
Factbox-JetBlue, Frontier in high-stakes battle for budget airline Spirit
(Reuters) – JetBlue Airways and Frontier Group are in a tug of war for low-cost carrier Spirit Airlines, as U.S. airlines jostle for a larger …
Dancer Team Slams Murphy For Shortchanging Jersey Shore School Districts in Latest Budget
TRENTON, N.J. – New Jersey’s 12th legislative district officials are slamming Governor Phil Murphy over cutting more funding from schools at the Jersey Shore that …
Biden’s Budget: Taxes, Taxes And More Taxes
Biden’s Budget: Taxes, Taxes And More Taxes Grover Norquist on April 2, 2022 Inflation is running rampant, federal spending is out of control, gas prices …
Biden’s Budget Proposal Has 3 Huge Red Flags, Experts Say
Biden’s Budget Proposal Has 3 Huge Red Flags, Experts Say Sebastian Hughes on April 1, 2022 President Joe Biden’s new budget proposal contains three major …
Biden Budget Proposes $100 Million For ‘Racial’ Diversity In Schools
Biden Budget Proposes $100 Million For ‘Racial’ Diversity In Schools Kendall Tietz on March 31, 2022 President Joe Biden administration’s newly proposed $5.8 trillion federal …
Spain’s 2021 budget gap narrows more than expected, further cut seen
MADRID – Spain’s budget deficit narrowed to 6.76% of gross domestic product last year from over 10% in 2020, beating forecasts from international organisations and …
Biden Admin Appears To Quietly Discontinue Offshore Leasing For Nearly Two Years, Budget Shows
Biden Admin Appears To Quietly Discontinue Offshore Leasing For Nearly Two Years, Budget Shows Thomas Catenacci on March 30, 2022 President Joe Biden’s budget framework …
Canada to present its 2022 budget next week as inflation soars
OTTAWA -Canada’s federal government will present its 2022 budget on April 7, Finance Minister Chrystia Freeland said on Tuesday, as it plans to boost spending …
Biden’s Budget Earmarks BILLIONS For Energy Projects … In Other Countries
Biden’s Budget Earmarks BILLIONS For Energy Projects … In Other Countries Thomas Catenacci on March 28, 2022 President Joe Biden’s budget would boost international climate …
White House Admits Inflation Projection For Biden’s Massive Budget Is Completely Outdated, Still Blames Putin
White House Admits Inflation Projection For Biden’s Massive Budget Is Completely Outdated, Still Blames Putin Harry Wilmerding on March 28, 2022 The Biden administration’s budget …