Budget

Colombia's Ministry of Finance reported that Foreign Affairs, Education and Health had the highest budget executions at the end of February 2026, at 16%, 14.4% and 13.3% respectively. The overall average across sectors was 10.4%. Science, Technology and Innovation, Sports and Housing lagged with 2.7%, 2.5% and 1%.

March 24, 2026 Reported by AI

The office of Deputy President Prof. Kithure Kindiki has requested an additional Sh350 million to cover its daily operations, including helicopter rental, raising the total budget to Sh873 million ahead of National Assembly approval. This follows an initial allocation of Sh873 million. Kisumu West MP Rosa Buyu has condemned the large allocation as contrary to President William Ruto's push to cut government spending.

The leaders of CDU/CSU and SPD held a three-and-a-half-hour coalition committee meeting on budget, climate protection, and other topics, without making concrete decisions. The session at the Chancellery took place confidentially, skipping the usual press conference. Progress was reported on the climate protection program, while issues like fuel prices had already been addressed by the cabinet.

March 09, 2026 Reported by AI

Japan's House of Representatives Budget Committee held public hearings on the fiscal 2026 budget in Kagoshima and Morioka on Sunday, marking the first time such regional sessions occurred on a weekend day. This move underscores the ruling bloc's efforts to pass the budget within the current fiscal year.

The ruling bloc led by the Liberal Democratic Party remains committed to passing the fiscal 2026 budget by the end of March, as deliberations continue in the House of Representatives Budget Committee. Opposition parties, including the Centrist Reform Alliance, are pushing back against the swift passage, demanding adequate discussions. They are also calling for the preparation of a stopgap budget in case the regular budget is delayed into April or beyond.

February 27, 2026 Reported by AI

Hong Kong's government will allocate at least 10 per cent budget increases to innovation and technology, intellectual property, and investment promotion departments in the 2026-27 financial year, despite curbs on recurrent spending. The Environment and Ecology Bureau and public broadcaster face sharp cuts of 70 and 28 per cent, respectively. The Home and Youth Affairs Bureau will expand its civil service workforce by 16 per cent, the largest increase among all departments.