Keywords: Public spending


UK Prime Minister Andy Burnham pledges cautious economic approach amid cost-of-living pressures

Newly appointed UK Prime Minister Andy Burnham has pledged to maintain a cautious approach to economic management, promising not to take unnecessary risks while seeking to ease pressure on households facing persistent cost-of-living challenges. Speaking on Monday after taking office at 10 Downing Street......

France's renewable energy support costs projected to approach €20 billion over 2026-2027

France is expected to allocate nearly €20 billion to support renewable energy producers over 2026 and 2027, according to new projections published by the country's energy regulator, highlighting the growing financial commitment required to accelerate the energy transition. The Commission de......

French government targets 0.4% rise in ministry spending for 2027 to tighten public finances

The French government has unveiled plans to sharply curb the growth of ministerial spending in its 2027 budget, proposing an increase of just 0.4% for most ministries as part of a broader effort to strengthen fiscal discipline. The proposed cap excludes defense expenditure and interest payments on public......

Peru approves $2.8 billion budget increase ahead of Keiko Fujimori’s inauguration

Peru’s Congress has approved a major budget expansion worth $2.8 billion to support infrastructure projects, public services and emergency preparations ahead of President-elect Keiko Fujimori’s arrival in office. The decision comes less than two weeks before Fujimori’s inauguration......

UK Government Restricts New Financial Commitments Ahead of Leadership Transition

The United Kingdom is entering a period of political transition following the announcement of leadership changes within the governing Labour Party. In this context, the government has confirmed that it will refrain from making any new financial commitments or major policy announcements until a new prime......

Aix-Marseille metropolis president clashes with prefect over budget cuts

The president of the Aix-Marseille-Provence metropolitan authority, Nicolas Isnard, has strongly criticized the French state and the local prefect after a disputed budget decision involving significant financial adjustments imposed on the intercommunal structure. Speaking at a press conference, Isnard......

Budget 2027: Sébastien Lecornu urges ministers to cut “Unrealistic” spending requests

French Prime Minister Sébastien Lecornu has called on government ministers to reassess and reduce what he described as “unrealistic” spending requests ahead of the preparation of the 2027 national budget. In a formal letter reported by media sources, Lecornu warned that administrative......

Students hold “heading to bankrupt Indonesia” protests against prabowo’s policies

Hundreds of students gathered in Indonesia’s capital Jakarta on Friday to protest government policies under President Prabowo Subianto, particularly recent decisions related to public spending and rising fuel prices. The demonstrations, branded by organizers as “Heading to Bankrupt Indonesia,”......

Ethiopia plans higher public spending amid regional tensions and economic growth targets

Ethiopia is preparing for a significant increase in public spending in the 2026/27 fiscal year as the government seeks to address the financial impact of ongoing tensions in the Middle East while maintaining its economic development agenda. During the presentation of the national budget, Finance Minister......