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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.
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9 Mar 21
Canada has set up an all-female advisory group aimed at making sure its next budget improves the lives of women, who the government said have borne the brunt of the economic hardship caused by Covid-...
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23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
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18 Jan 21
Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
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15 Jan 21
The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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14 Jan 21
Washington must step in to help New York with the largest budget deficit in its history to stop the need for “extraordinary negative measures”, the state’s governor has said.
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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15 Dec 20
Malaysia’s parliament has narrowly passed its largest ever budget for 2021, in what is being seen as a confidence vote for the government.
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11 Dec 20
A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
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25 Nov 20
Spain’s minority coalition government may be able to pass the country’s first full-year budget since 2016, after a Catalan separatist party announced its support.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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19 Nov 20
Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
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6 Nov 20
The Malaysian government has presented an expansionary budget for 2021 as it attempts to steer its economy through the crisis caused by Covid-19.
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29 Oct 20
Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
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27 Oct 20
Hikes to corporation, income and wealth taxes in Spain’s draft 2021 budget underpin the government’s “progressive” approach to public finances, the country’s president has said.
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6 Oct 20
The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
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18 Sep 20
New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
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.
14 May 21A 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.
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.
25 Mar 21Germany will ignore its debt ceiling for the second year running after approving its 2021 federal budget.
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.
23 Feb 21Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
18 Jan 21Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
15 Jan 21The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
14 Jan 21Washington must step in to help New York with the largest budget deficit in its history to stop the need for “extraordinary negative measures”, the state’s governor has said.
6 Jan 21Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
15 Dec 20Malaysia’s parliament has narrowly passed its largest ever budget for 2021, in what is being seen as a confidence vote for the government.
11 Dec 20A €1.8trn financial package intended to see the European Union through the pandemic-related economic crisis has been ‘unblocked’, after a compromise was reached with Poland and Hungary, which had...
25 Nov 20Spain’s minority coalition government may be able to pass the country’s first full-year budget since 2016, after a Catalan separatist party announced its support.
20 Nov 20Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
19 Nov 20Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
29 Oct 20Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
27 Oct 20Hikes to corporation, income and wealth taxes in Spain’s draft 2021 budget underpin the government’s “progressive” approach to public finances, the country’s president has said.
6 Oct 20The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
18 Sep 20New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
