Budget

Addis Ababa council approves appointments and 9.94 billion birr budget

May 08, 2026 Reported by AI Image generated by AI

The Addis Ababa City Council on 30 Miyazia 2018 approved appointments presented by Mayor Adanech Abiebe and an additional budget of 9.94 billion birr in a unanimous vote during its regular session.

Cali approves 1.18 trillion pesos for 2026 investment

Cali's council approved the addition of 1.18 trillion pesos to the district budget for 2026. The funds will mainly target security, mobility and housing.

Government sets 2026 target to revitalize 71,744 schools under five-year plan

May 06, 2026 Reported by AI

The Indonesian government targets revitalization of 71,744 educational units in 2026 with a Rp14 trillion budget as part of President Prabowo Subianto's broader five-year plan to renovate 300,000 schools. Education Minister Abdul Mu'ti stated that Rp2.6 trillion has been realized so far. The program prioritizes schools damaged by disasters and those in underdeveloped regions.

America

Ángel Valencia highlights record case inflows and urges protection of Public Prosecutor's budget

America

Midesof details 2.24% budget cut in response to Hacienda's 2027 austerity memos

Politics

Finance ministry suggests adjusting or discontinuing 402 budget programs

German finance minister Klingbeil announces tax hikes

The German federal government under Finance Minister Lars Klingbeil (SPD) failed to agree with the Union on budget savings. Instead, taxes on alcohol, tobacco, and cryptocurrencies are set to rise, with new levies on sugar and plastic. The measures appear in the 2027 budget draft to be presented to the cabinet on Wednesday.

Opposition shadow budgets emphasize electric cars and government criticism

April 28, 2026 Reported by AI

Sweden's opposition parties have unveiled their shadow budgets for spring 2026, with increased electric vehicle support as a rare common thread. They sharply criticize the government while proposing economic and welfare measures. Key proposals target electric cars, child benefits, and jobs for the long-term unemployed.

State university rectors reject potential 3% budget cut

The Consortium of Rectors of State Universities (Cuech) issued a statement opposing a potential 3% fiscal adjustment affecting their funding, warning there is no room for cuts without harming public education quality. Leaders of the 18 public universities highlight risks to professional training, research, and innovation, particularly in regions. The Ministry of Education declined to comment on the statement.

Senate adopts $70 billion budget blueprint for ICE funding

April 23, 2026 Reported by AI

The US Senate has approved a Republican budget resolution to fund immigration enforcement agencies with about $70 billion through President Trump's term, using the reconciliation process to bypass Democratic support. The measure passed 50-48 after an overnight vote-a-rama, with two GOP senators joining Democrats in opposition. It now moves to the House of Representatives.

May 05, 2026 23:29