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11 Jan 18
IMF deputy managing director Tao Zhang has warned that public sector wage bills in the Middle East and Central Asia are far higher than those in similar countries, absorbing money that could be...
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5 Jan 18
The Malaysian government’s aim to have a balanced budget by 2020 may be delayed by two to three years, it has said.
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20 Dec 17
The Saudi Arabia government has unveiled its 2018 budget, which it is hoping will boost spending to record levels in the country and drag the economy out of recession.
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12 Dec 17
The new government of Zimbabwe has presented its first budget statement, which aims to end the country’s economic isolation.
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29 Nov 17
Budget consolidation and growth-friendly investment will be key to Germany’s coalition talks, chancellor Angela Merkel has told an employers’ conference.
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28 Nov 17
Portugal’s parliament has approved the 2018 budget that seeks to trim the deficit, six weeks after it was first presented to lawmakers.
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28 Nov 17
South African president Jacob Zuma has asked the minister of finance to identify measures to “urgently” address economic challenges, the president’s office said yesterday. ...
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28 Nov 17
Japan will reportedly compile an extra budget worth around 2.7-2.9trn yen ($24-26bn) for the fiscal year ending March 2018.
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23 Nov 17
The European Parliament and Council have reached an agreement on the 2018 budget and committed to spending €160bn, up from the €157.9bn agreed for 2017.
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6 Nov 17
Modernising the nuclear arsenal could cost the US more than $1.2trn over the next 30 years, an independent report by the Congressional Budget Office has said.
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30 Oct 17
The Malaysian prime minister announced a $280bn ringgit ($66bn) spending plan for the final budget before elections take place within the next 10 months.
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27 Oct 17
The US House of Representatives has passed a proposed budget, which paves the way for Donald Trump’s tax cuts.
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26 Oct 17
South Africa’s growth outlook for this year has been slashed from 1.3% to 0.7% , the country’s finance minister has announced.
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20 Oct 17
The US Senate has passed a budget blueprint that paves way for president Donald Trump’s tax cuts.
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13 Oct 17
New Zealand has delivered a third fiscal surplus, worth NZ$4.1bn (£2.22bn), but this “should be interpreted with caution”, the country’s finance minister has said.
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29 Sep 17
Saudi Arabia has raised $12.5bn from its third international bond sale this year to bridge a budget shortfall and weak oil prices.
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29 Sep 17
A eurozone finance minister and a joint eurozone budget could be features of the European Union under plans being considered by the leaders of France and Germany.
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29 Sep 17
Japan’s government needs to set a new timeframe to achieve its budget-balancing goal, currently set for the fiscal year 2020/21, finance minister Taro Aso has said.
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28 Sep 17
Citizen participation has become a political football in Brazil, as austerity turns back its progress. Gavin O'Toole reports.
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19 Sep 17
The US’s 22% contribution to the United Nations’ budget is “unfair”, president Donald Trump told the UN General Assembly today.
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4 Sep 17
Brazil's large-scale privatisation of state assets may not be all that it seems. Gavin O'Toole, author of numerous books on the region, says although the sell-off has pleased the markets it...
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25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
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25 Aug 17
Sri Lankan government departments have been warned that all budget proposals for next year should include key performance indicators alongside their output targets.
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23 Jun 17
Information technology is set to amplify the evidence base used for approaches like results-based budgeting to an unprecedented degree, EY’s global public financial management leader has told...
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16 Jun 17
The US’s planned cuts to foreign aid would have “life and death consequences” and harm American interests, according to a coalition of aid and health NGOs.