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26 Apr 24
Proposals in Canada’s latest budget will grow its deficit by over $10bn (£5.9bn) over the next few years as it tries to make its economy stronger and more fair, but this should not damage its...
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12 Mar 24
Finance ministers have agreed that cutting deficits in the euro area should remain the priority amid a sluggish global economy, as they set out their priorities for next year’s budgets.
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9 Jan 24
First stage of sign-off reduces threat of shut-down
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28 Nov 23
Pandemic costs ruling leads to €45bn in extra spending.
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4 Jul 23
Germany will not see tax rises in 2024 despite finance minister Chrisian Lindner’s insistence on returning the country to its ‘debt brake’ rule needing a €20bn austerity package.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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6 Apr 23
Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
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10 Feb 23
The Ukrainian government has earmarked a major tranche of new spending to support small businesses and repair crumbling infrastructure.
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2 Feb 23
The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
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26 Oct 22
The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
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20 Oct 22
France’s PM has signalled controversial plans to push through a budget after heated rows over tax rises.
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2 Sep 22
The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
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23 Aug 22
The Filipino government has proposed a record budget for 2023 that it said will help boost the economy and lift people out of poverty.
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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
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18 Jul 22
The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
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24 Jun 22
The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
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17 May 22
California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
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11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
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1 Apr 22
Research into three decades of gender budgeting provides a wealth of lessons for governments looking to adopt the approach.
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29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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18 Feb 22
Singapore’s finance minister has increased taxes targeted at corporations and the rich, in order to fund higher spending in the wake of Covid-19 and in the face of the city-state’s ageing population.
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2 Feb 22
The Indian government is set to launch its first sovereign green bond as part of its 2022-23 budget, to help finance public sector projects geared at reducing reliance on carbon-intensive industries...
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27 Jan 22
Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
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25 Jan 22
Brazilian president Jair Bolsonaro has set aside some money in the country’s 2022 budget for public sector pay rises in some professions, amid threats of strikes.