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30 Nov 21
The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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26 Nov 21
Spanish lawmakers have passed the country’s highest-spending budget after the prime minister won the support he needed from minor parties.
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4 Nov 21
Portugal faces a snap election after the country’s parliament failed to approve the government’s 2022 budget proposals.
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3 Nov 21
The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
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21 Sep 21
The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
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10 Sep 21
A focus on building relationships with communities is vital to avoid controversy over resources allocation, argues Katie Ludwig of the Government Finance Officers Association.
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9 Sep 21
Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
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1 Sep 21
South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
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23 Aug 21
Finland’s finance ministry will assess the impact of its 2022 budget on children to help promote the interests of the next generation in the rapidly ageing country.
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4 Aug 21
Brazil’s federal government is preparing to pay 90bn reais (£12.5bn) in court orders next year, nearly twice its recent level, leading the economy minister to propose a solution likened to “a default...
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3 Aug 21
Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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20 Jul 21
Worldwide protests over policing methods mean the focus on how to best spend money on preventing and tackling crime has never been more acute.
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6 Jul 21
The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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10 Jun 21
Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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20 Apr 21
Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
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8 Apr 21
Japan could supplement its record budget, passed last month, if pandemic costs rise, a senior official has said.
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25 Mar 21
Germany will ignore its debt ceiling for the second year running after approving its 2021 federal budget.
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16 Mar 21
The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
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10 Mar 21
China’s 2021 budget has outlined more spending on defence but less support for local government as the ruling Communist Party looks towards the economic recovery from Covid-19.
30 Nov 21The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
26 Nov 21Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
26 Nov 21Spanish lawmakers have passed the country’s highest-spending budget after the prime minister won the support he needed from minor parties.
4 Nov 21Portugal faces a snap election after the country’s parliament failed to approve the government’s 2022 budget proposals.
3 Nov 21The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
21 Sep 21The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
10 Sep 21A focus on building relationships with communities is vital to avoid controversy over resources allocation, argues Katie Ludwig of the Government Finance Officers Association.
9 Sep 21Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
1 Sep 21South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
23 Aug 21Finland’s finance ministry will assess the impact of its 2022 budget on children to help promote the interests of the next generation in the rapidly ageing country.
4 Aug 21Brazil’s federal government is preparing to pay 90bn reais (£12.5bn) in court orders next year, nearly twice its recent level, leading the economy minister to propose a solution likened to “a default...
20 Jul 21Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
20 Jul 21Worldwide protests over policing methods mean the focus on how to best spend money on preventing and tackling crime has never been more acute.
24 Jun 21Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
10 Jun 21Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
1 Jun 21US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
11 May 21Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
20 Apr 21Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
8 Apr 21Japan could supplement its record budget, passed last month, if pandemic costs rise, a senior official has said.
16 Mar 21The eurozone’s relaxation of its debt and spending rules should continue into next year, the bloc's finance ministers have said.
10 Mar 21China’s 2021 budget has outlined more spending on defence but less support for local government as the ruling Communist Party looks towards the economic recovery from Covid-19.
