Cabinet officials
If something went wrong, it would be essential to analyze and understand the reasons behind the issue. In this case, the finance minister, Muhammad Aurangzeb, announced a reduction in sales tax on solar panels from 18 percent to 10 percent. This decision is part of the government's efforts
Public finance
Rising public sector borrowing has raised concerns about the UK government's ability to meet strict spending rules, with Higher tax receipts unable to offset the increase. The public sector net borrowing gap widened to £17.7 billion in May, up from £17 billion a year earlier, and the
Budgets
Wisconsin Republicans have included millions of dollars in overtime pay for prison staff and over $1 million annually to create and operate prisoner reentry centers in the state budget, but Democrats argue that it doesn't go far enough in addressing the need to close the state's
Budgets
Stakeholders at a recent dialogue session organized by the United Nations Children's Fund (UNICEF) in Lagos highlighted the need for urgent action to address the persistent issues of malnutrition, school dropouts, and child abuse in the state. Despite progress in policy formulation and budget allocation, the stakeholders emphasized
Budgets
Environmental campaigners have expressed concerns over government cuts following the latest spending review, citing a reduction in the Department of Environment, Farming and Rural Agriculture's (Defra) budget. The 2.3% cut in real terms means a decade-long decline in funding for environmental programmes, including efforts to combat water
Cabinet officials
The FY 2025/26 budget, themed "Full Monetisation of Uganda's Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access," marks the start of the implementation of the Fourth National Development Plan (NDPIV). The budget is expansive, sized at Shs 72.376
Cabinet officials
Despite setting ambitious targets, Vietnam's animal disease vaccination programs continue to struggle, with significant gaps in vaccination coverage for African swine fever, avian influenza, and foot-and-mouth disease. According to the latest data, vaccination rates for these diseases remain alarmingly low, highlighting the need for improved vaccine coverage, particularly
Cabinet officials
The FY 2025/26 budget, themed Full Monetisation of Uganda's Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access, is a crucial start to the implementation of the Fourth National Development Plan (NDPIV). While the budget is expansive at Shs 72.376 trillion,
Cabinet officials
Tanzania's national debt remains in sustainable levels despite its rising trend, the government has said. The finance minister, Dr Mwigulu Nchemba, attributed the increase to ambitious infrastructure projects aimed at unlocking the country's economic potential. The debt has reached 107.7 trillion Tanzanian shillings (TZS) as
Budgets
British Columbia has raised its annual housing speculation and vacancy tax to 3 per cent from 2 per cent on foreigners and untaxed worldwide earners, and to 1 per cent from 0.5 per cent for most Canadians, effective in 2026. Meanwhile, Alberta has introduced a new low tax bracket
Budgets
Finance Minister Muhammad Aurangzeb emphasized the significance of tariff reforms proposed in the budget for the Fiscal Year 2025-26 (FY26) during a post-budget presser. The reforms, which have not been carried out for the last 30 years, are necessary for economic development and will contribute towards an increase in exports.
Public finance
The Pakistan Stock Exchange (PSX) closed the week with a modest gain of 0.4% on a week-on-week (WoW) basis, with the benchmark KSE-100 index posting a noteworthy increase. Investor sentiment remained upbeat early in the week, driven by the federal budget for FY26, which left capital gains and dividend
