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Keywords: Budget
Taiwan is preparing to increase defence spending by 16% in 2027, with the proposed budget expected to surpass T$1 trillion ($31 billion) for the first time, according to the official Central News Agency. The planned increase comes as Taipei continues to strengthen its military capabilities amid sustained......
New government estimates indicate that the projected cost of President Donald Trump's proposed next-generation naval fleet could be substantially higher than originally anticipated, raising fresh debate over defense spending, military modernization, and the long-term affordability of large-scale......
Ukraine has received nearly $200 billion in direct budget support from international partners since the beginning of 2022, according to the governor of the National Bank of Ukraine, highlighting the crucial role of foreign financial assistance in sustaining the country's economy during the ongoing......
Italy will take full advantage of the European Union's fiscal flexibility to finance energy-related initiatives, while opting not to fully use the available budget space for higher defense expenditure, Economy Minister Giancarlo Giorgetti announced on Wednesday. Speaking in Rome, Giorgetti said......
Italy pays approximately €450 million each year as its direct financial contribution to NATO, according to Defence Minister Guido Crosetto, who outlined the country's financial commitments to the alliance during a parliamentary committee meeting on Tuesday. Crosetto said NATO's overall......
The Italian government is set to introduce a new package of measures aimed at limiting the impact of soaring fuel prices, as rising energy costs place increasing pressure on households, businesses and the country's public finances. The proposals, expected to be approved by the cabinet in Rome, come......
India's government does not currently plan to revise its federal budget despite mounting concerns over inflationary pressures linked to unpredictable weather patterns and rising global energy costs, Finance Minister Nirmala Sitharaman has said. Speaking on Sunday, Sitharaman emphasized that the......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
Bulgaria's parliament has approved the country's long-awaited 2026 budget, setting out plans for a larger fiscal deficit as the government seeks to support economic growth following months of political uncertainty. The budget projects the deficit to reach 5.7% of gross domestic product (GDP)......