Donald Trump has just sent Republicans in Congress a budgetproposal that cuts nearly everything, and if they don’t like it, he says he’ll withhold cash that ...

Donald Trump has just sent Republicans in Congress a budgetproposal that cuts nearly everything, and if they don’t like it, he says he’ll withhold cash that ...

The Icelandic government expects to collect ISK 3.1 billion more in tax on individual incomes in 2027 than it otherwise would have, according to a budget proposal reported by mbl.is. The increase follows a decision to suspend the productivity benchmark used to adjust personal tax credits and inco…

The State Council will meet at Bessastaðir at 1 p.m. on Monday, mbl.is reports, citing a statement from the Prime Minister’s Office. Parliament will open on Tuesday. The opening ceremony will begin at 1:30 p.m. with a service at Reykjavík Cathedral. The president of Iceland, the bishop of Iceland…

The Finnish opposition has criticised the government’s planned corporate tax cut, saying it will not deliver sufficient growth to justify its cost. The comments were made on Yle’s morning programme as MPs assessed Finance Minister Riikka Purra’s budget proposal for next year, presented on Tuesday…

Senate Republicans are poised to vote this week on a controversial $9.4 billion spending cut package proposed by President Trump, targeting critical public media and foreign aid programs [1][12]. The

Donald Trump has just sent Republicans in Congress a budgetproposal that cuts nearly everything, and if they don’t like it, he says he’ll withhold cash that ...

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🚨The FY 2027 White House Budget Proposal Represents The Most Significant Pivots in Federal Spending Priorities in Decades🚨 📉 The Science & Tech "Squeeze" The most striking figures are the proposed cu...

Donald Trump has just sent Republicans in Congress a budgetproposal that cuts nearly everything, and if they don’t like it, he says he’ll withhold cash that ...

Assocham urges the government to focus on easing business operations for MSMEs in Budget 2025-26. Proposals include integrated infrastructure townships, skill development, credit flow enhancement, and...

BANGKOK (Reuters) -Thai Prime Minister Paetongtarn Shinawatra will on Wednesday propose a 3.78 trillion baht ($115.5 billion) budget to parliament for the 2026 fiscal year, as her government seeks to support a sluggish economy facing steep U.S. tariffs. The draft budget bill, which will be debated in the house over the next four days, projects a 0.7% rise in spending, and a 0.7% drop in the budget deficit to 860 billion baht, or 4.3% of gross domestic product, from the 2025 fiscal year that ends in September. "A deficit budget policy is aimed at maintaining economic stability, including supporting a recovery and promoting growth at an appropriate level," the bill said. The budget plan projects growth at 2.3% to 3.3% for both 2025 and 2026, with inflation predicted at 0.5% to 1.5%. The economy expanded 2.5% last year, lagging regional peers. The plan did not take into account the potential impact of U.S. tariffs. Thailand faces a 36% U.S. tariff if a reduction cannot be negotiated before a moratorium expires in July. The United States, Thailand’s biggest export market, has set a 10% baseline tariff for most countries while the moratorium is in place. Parliament will deliberate on the bill in the remainder of this week before it is put to a vote on Saturday, which will require support from the majority of lawmakers present. The budget is expected to pass, but comes amid tensions in the Pheu Thai Party-led coalition, particularly with its biggest partner, the Bhumjaithai Party. Disagreements have surfaced over the government’s casino bill, which aims to legalise casinos within integrated complexes to boost tourism. Rifts over constitutional reform and policy on the use and sale of cannabis, which was decriminalised in 2022 but is now facing tighter restrictions, have also strained the alliance. If the budget does not pass, Paetongtarn, who came to power last year, could either step down and make way for a new premier elected by parliament, or dissolve the lower house and call a new general election. Southeast Asia’s second-largest economy expanded an annual 3.1% in the first quarter, but the state planning agency last week slashed its full-year growth forecast range by a percentage point to 1.3% to 2.3% because of the U.S. tariffs. ($1 = 32.740 baht)