Budget
Prime Minister Mostafa Madbouly announced the new state budget targeting a reduction in the debt-to-GDP ratio to around 78% by June 2027, as the economy posted 5% growth in the third quarter.
Reported by AI
The Philippine government is reviewing whether to seek a supplemental budget from Congress for its UPLIFT program. This follows an earlier plan to obtain funding from the Asian Development Bank instead.
The Addis Ababa City Administration cabinet has approved a draft budget of 502.27 billion birr for the 2026/27 fiscal year and sent it to the City Council. The proposal marks a 43.45 percent increase from the previous year's 350.13 billion birr budget.
Reported by AI
The prime minister sent a framing letter to each government member to limit funding requests deemed unrealistic given the urgency of public finances.
Finance Ministry issues austerity decree for 2026 fiscal year
June 19, 2026 11:33Sweden holds firm in EU budget dispute at Brussels summit
June 19, 2026 02:53Kerala Budget allocates minimal funds to Kochi projects
June 19, 2026 02:12DPR estimates MBG budget savings of up to Rp70 trillion
June 18, 2026 03:57Mora Alliance budget proposal adopted after hours of debate
June 13, 2026 19:35Budget: Kenya retains import duty on mobile phones
June 13, 2026 19:07Government proposes budget to benefit Gen Z youth
June 13, 2026 19:00Parliament receives record 2.34 trillion birr budget bill
June 12, 2026 00:06Teachers group urges raising education budget to 6% of GDP
June 11, 2026 22:58Trump proposes one-third cut to NOAA budget for Great Lakes