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A service for global professionals · Wednesday, February 19, 2025 · 787,271,855 Articles · 3+ Million Readers
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OECD Budget News Monitoring

  • Published on Feb 18, 2025

    Amid KMT Budget Cuts, Taiwan’s DPP Proposes Raising Defense Spending

    Taiwanese President Lai Ching-te has pledged to raise the budget for defense to 3 percent of the GDP. Lai’s pledge takes place at a time of substantial budget cuts pushed for by the Kuomintang (KMT), which controls the legislature. Lai’s Democratic …

    Source: The Diplomat - Neutral
  • Published on Feb 18, 2025

    Budget 2025: ‘Considerable uncertainty’ about government revenues amid geopolitical shifts

    THERE is still “considerable uncertainty” about how government revenues will trend over the coming years, said Finance Minister Lawrence Wong on Tuesday (Feb 18).  “At this juncture, it is too early to determine if the recent increase in corporate income …

    Source: The Business Times Singapore - Neutral
  • Published on Feb 18, 2025

    PM Wong says budget surplus was $6.4 billion in 2024, expects around the same this year

    SINGAPORE: Sound and healthy public finances are a “critical enabler” for Singapore’s continued success, said Prime Minister Lawrence Wong towards the end of his Budger statement on Tuesday (Feb 18). Public finances can be healthy when a balanced budget is …

    Source: The Independent Singapore - Neutral
  • Published on 06:22 GMT

    Vietnam raises 2025 GDP growth target to at least 8%, approves policies for major projects

    [HO CHI MINH CITY] Vietnam’s parliament on Wednesday (Feb 19) has voted to revise the official growth target of the country’s 2025 gross domestic product to at least 8 per cent, from the 6.5 to 7 per cent approved last November.  The decision came as the …

    Source: The Business Times Singapore - Neutral
  • Published on Feb 18, 2025

    Budget 2025: Govt revenue in FY2024 lifted by various taxes, clocks $6.4b surplus

    SINGAPORE - Singapore’s national coffers have been boosted by better-than-expected revenue in fiscal year (FY) 2024, led by the jump in corporate income tax, Prime Minister and Finance Minister Lawrence Wong said in his Budget speech on Feb 18. The …

    Source: The Straits Times - Pro-Government
  • Published on Feb 17, 2025

    Peru proposed designing methodologies to address multidimensional poverty at OECD

    Before the attending authorities, Ambassador Valdivieso highlighted the importance of systematizing successful experiences in policies aimed at reducing inequality in access to infrastructure and digital tools to optimize public interventions in social …

    Source: Andina - Pro-Government
  • Published on Feb 17, 2025

    Kuwait projects wider budget deficit

    KUWAIT: Kuwait recently approved the draft FY25/26 budget, which projects a wider deficit of KD 6.3 billion (13 percent of GDP), from KD 5.6 billion in the FY24/25 budget. Some spending restraint is evident in the fact that current expenditures are …

    Source: Kuwait Times - Pro-Government
  • Published on Feb 18, 2025

    Trump’s impact: India should take a new approach to trade

    In my previous article, ‘Trump and the Threat to Global Trade: Much Ado About Nothing?’ in Mint on 20 January, I had made three predictions: One, that Trump will bring back unilateralism; two, that he is likely to repeat the tariff actions of his first …

    Source: Mint - Neutral
  • Published on Feb 18, 2025

    Korean Salary Earners Pay 61 Tril. Won in Taxes in 2024, Similar to Corporate Tax Burden

    Last year, salaried workers, often referred to as the “glass wallet,” paid taxes amounting to nearly the same level as corporate taxes paid by companies. Since the South Korean tax system is structured to increase the burden on the middle class, calls are …

    Source: Business Korea - Neutral
  • Published on Feb 13, 2025

    House Budget Resolution Aims to Balance Tax Cut and Spending Reduction Goals

    The House Budget Committee has released a budget resolution that specifies large reductions in both taxes and spending over the next decade, paving the way to extend the expiring provisions of the TaxA tax is a mandatory payment or charge collected by …

    Source: Tax Foundation - Neutral
  • Published on Feb 16, 2025

    Late trains, old bridges, no signal: Germany’s infrastructure woes

    Workers at the new underground main station in the Stuttgart 21 project - Copyright AFP THOMAS KIENZLE Sam Reeves Running late and vastly over budget, a mammoth rail project stands as a monument to what critics say is Germany’s glaring failure to tackle …

    Source: Digital Journal - Neutral
  • Published on Feb 16, 2025

    Recent Federal Developments for February 14, 2025

    TSCA/FIFRA/TRI EPA Releases Final Risk Evaluation For DINP, Finding Unreasonable Risk Of Injury To Human Health When Workers Are Exposed Under Four Conditions Of Use (COU): On January 14, 2025, EPA released the final risk evaluation for diisononyl …

    Source: National Law Review - Neutral
  • Published on Feb 14, 2025

    ANALYSIS: Trump’s Executive Order could worsen corruption in Nigeria, other African countries

    United States (US) President Donald Trump’s executive order this week suspending the operation of the Foreign Corrupt Practices Act (FCPA) will likely be felt particularly sharply in Africa, where corruption drains about $10 billion a year. Some estimates …

    Source: Premium Times - Neutral
  • Published on Feb 13, 2025

    Economic Bulletin Issue 1, 2025

    Summary At its meeting on 30 January 2025, the Governing Council decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the …

    Distribution channels: Banking, Finance & Investment Industry
  • Published on 00:54 GMT

    How Ed Husic tempers vested interests when developing policy

    Minister for industry and science urges data-driven policymaking, R&D investment, and trust in science amid economic stagnation. Ed Husic. (AAP Image/Lukas Coch) Following a blistering assessment of policymakers made by ex-Treasury secretary Ken …

    Source: The Mandarin - Label Pending
  • Published on Feb 18, 2025

    Expect a tempest in tax under Trump

    Expect plenty of changes in the world of tax under the new administration. On Inauguration Day, President Donald Trump signed an executive order calling for a longer hiring freeze at the Internal Revenue Service than he was imposing on other federal …

    Source: Accounting Today - Neutral
  • Published on Feb 18, 2025

    Beyond WHOIS: Filling the Gaps

    The collection and disclosure of DNS registration data have evolved chaotically, influenced by GDPR and other privacy laws. The system, while improving privacy, has enabled bad actors and raised costs for registrars and registries. Join experts at this 2nd …

    Source: Circle ID - Neutral
  • Published on Feb 18, 2025

    Tax reform, government spending: Interplay

    TAX reforms have been a focal point of economic discussions in recent years, with governments and policymakers striving to create a tax system that is both fair and efficient. Fiscal policy, which encompasses taxation and government spending, plays a …

    Source: Daily News Tanzania - Pro-Government
  • Published on Feb 18, 2025

    Who funds global aid – and where do the billions of dollars go?

    From the announcement of a 90-day spending freeze on the day of Trump’s inauguration, the dismantling of the US Agency for International Development (USAID) has been swift and brutal. “Rooting out waste, blocking woke programmes and exposing activities …

    Source: The Independent - Center-left

05 days 20:51:05

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