Public finance
The SITE Association of Industry (SAI) has submitted a comprehensive set of budget proposals for the Federal Budget 2025-26, advocating for policy measures to stimulate industrial growth and enhance Pakistan's export competitiveness. SAI President Ahmed Azeem Alvi and former president Riaz Uddin emphasized the need to transform budget-making
Public finance
Thai Prime Minister Paetongtarn Shinawatra's government is on the brink of a major test as the country's $113 billion budget hangs in the balance. The conservative Bhumjaithai party, a crucial partner in the coalition, is feuding with Pheu Thai, led by Paetongtarn and her father, former
Public finance
The House of Representatives has voted to pass a federal budget that will lead to devastating cuts to Medicaid, food assistance, and public services nationwide. The budget promises to raise prices on working families and retirees, rip lifesaving health care and food support from millions, and threaten public services nationwide.
Cabinet officials
Finance Minister Enoch Godongwana's latest Budget slashes billions from proposed education and health funding, sparking alarm among experts. The cuts in teaching posts and hospitals under pressure have raised concerns about the urgent demands of two of South Africa's most critical public sectors. Despite some welcome
Public finance
Health care advocates in Georgia warned Monday that congressional Republicans' proposed budget, which includes cuts to Medicaid programs, would cause a health care calamity in the state and threaten access to care, mental health services, and likely increase the rate of uninsured individuals. According to Natalie Crawford, executive director
Public finance
The Canadian government has announced it will delay tabling a budget until the fall, leaving many tax proposals from the previous Liberal government in limbo. While the Liberals made several new tax promises in their 2025 election platform, they were largely silent on many outstanding tax proposals, including revised reporting
Cabinet officials
The Minister of Finance, Enoch Godongwana, has announced significant budget allocations for various sectors, including healthcare, education, and social welfare. In his budget speech, he emphasized the need to address persistent spending pressures and restore critical frontline services. The budget allocates billions of rand to employ medical doctors and educators,
Cabinet officials
South Africa is on the cusp of presenting its 2025/26 Budget, with Finance Minister Godongwana set to deliver Budget 3.0 today. As the country continues to grapple with economic stagnation and austerity measures, political analysts are calling for a more disciplined approach to public spending. At the heart
Cabinet officials
Opposition MLAs voted against the budget in the Assembly on Monday, with 57 out of 67 MLAs present voting in favor. The proposed budget failed to address pressing issues such as crumbling roads, inadequate wastewater infrastructure, and underinvestment in public transport. SDLP MLA Mark H. Durkan criticized the budget, stating
Public finance
Nevada's fragile social safety net for the homeless is under threat as President Donald Trump's administration proposes to slash the Department of Housing and Urban Development's (HUD) budget by over 40% amid a national housing and homeless crisis. This proposal includes a $33 billion
Public finance
The U.S. House of Representatives is poised to vote on a reconciliation bill that includes drastic cuts to Medicaid, potentially disentangling health insurance coverage for at least 8.6 million Americans. The proposed reductions, valued at $715 billion, would significantly increase the number of uninsured individuals nationwide, elevate overall
Cabinet officials
South Africa is facing a severe fiscal crisis, with a R75-billion shortfall forecast over the next three years. Finance Minister Enoch Godongwana will need to make a third attempt to table the Budget on Wednesday, 21 May 2025, to plug the gap. With few options left, economists believe that tax
