National Assembly Budget Office: Sugar Tax Could Drive Consumption to Alternative Sweeteners and High-Calorie Foods
Concerns have emerged that the proposed sugar tax in South Korea may lead consumers to shift towards artificial sweeteners and high-calorie foods instead of reducing sugary drink consumption.
Humboldt Archaeology: Austerity Measures with the Demolition Hammer
The Humboldt University of Berlin plans to close its archaeology institute, citing austerity measures imposed by the Berlin Senate, leading to public outcry and concerns about the future of the humanities.
OBR a backseat driver with out-of-date maps, thinktanks tell Rachel Reeves
A coalition of thinktanks urges Rachel Reeves to reform the Office for Budget Responsibility to enable increased public investment ahead of the Chancellor's spring forecast.
Prefects and mayors have three months to adjust their budgets and comply with the 'minimum rule' of Cootad
Ecuador's prefects and mayors are given until May to adjust their budgets to comply with a new law requiring a minimum allocation of 70% for public works.
Zema's administration used less than 5% of the anticipated budget for landslide containment in Minas Gerais
Governor Romeu Zema's administration has spent less than 5% of the planned annual budget for landslide containment projects in Minas Gerais from 2021 to 2024, highlighting significant delays in infrastructure development.
The Farce of Fringe Benefits and the Captured Public Budget - O Assunto #1668
Brazil's Supreme Court postponed the analysis of decisions to suspend fringe benefits for public servants, which exceed constitutional salary limits and cost taxpayers billions.
The office of the Commander of the Border Police was renovated at a cost of more than two million shekels
The office of the Border Police commander, Riki Yitzhak, underwent renovations costing over two million shekels, involving significant upgrades and additional work on adjacent rooms.
New York's Mayor Mamdani promised change โ now heโs gutting the NYPD
New York City's Mayor Zohran Mamdani has announced cuts to the NYPD budget, raising concerns about public safety amid a recruitment crisis.
Revitalization Centers and KEHA Center to Reduce Workforce
The KEHA Center and revitalization centers in Finland are initiating nationwide layoffs due to budget constraints, potentially affecting up to 296 jobs.
Exemption from fees in competitions for people with fibromyalgia, limit on amendments, and more: see projects approved in Rio Branco
The City Council of Rio Branco approved ten new laws, including fee exemptions for people with fibromyalgia and new rules for municipal budget amendments.
Abetz to consider slashing high-earner public servant retirement payments
The Tasmanian government is looking into reducing superannuation payments for public servants earning over $200,000.
South Africa: 2026 Budget Speech a 'Turning Point' - Godongwana
South Africa's Finance Minister Enoch Godongwana delivered a pivotal 2026 Budget Speech, emphasizing a turning point in managing the country's public finances amidst previous crises.
Romania will eliminate 10% of public sector jobs
Romanian Prime Minister Ilie Bolojan has announced plans to cut 10% of public sector jobs in order to reduce the national budget deficit.
Next year's cuts depend on the government itself โ the EU does not require adjustments from Finland
The EU has confirmed that it does not require Finland to implement new public sector adjustments for the year 2027, impacting potential budget cuts planned for next year.
Romania will eliminate 10% of public sector jobs
Romania's Prime Minister has proposed cutting 10% of public sector jobs, affecting approximately 13,000 employees by 2027.
Chilling estimates from economists about upcoming cuts: 'Vicious circle'
Economists provide alarming forecasts regarding necessary budget cuts in Finland, reflecting skepticism about government growth projections and fiscal strategies.
Now comes the trimming: Up to 11 billion in adjustments ahead
A parliamentary report details the need for Finland to make adjustments of 8 to 11 billion euros by 2031 to curb public debt.
Romania is laying off 10 percent of public sector employees
Romanian Prime Minister Ilie Bolojan has announced a 10% reduction in public sector employees as part of austerity measures to mitigate the country's significant budget deficit.
Premier defends Nova Scotia budget as critics continue to speak out
Nova Scotia Premier Tim Houston defends the provincial budget amidst criticism over cuts to public services and a substantial deficit.
Contest to choose the Attorney General will have $13,000 to pay the fees of the members of the citizen commission and the notaries
A budget of approximately $13,000 will be allocated in 2026 for the reimbursement of fees to members of the citizen selection commission overseeing the public contest to elect the Attorney General of Ecuador.
Extension construction of the 7th tram line in Riga reallocates 1.4 million euros
The Latvian government has decided to reallocate 1.374 million euros for the extension of the 7th tram line in Riga, raising the total project budget to 29.449 million euros.
Report obtained by IL reveals: There may be an adjustment need of up to 15 billion euros ahead
A report suggests Finland may face a greater fiscal adjustment need than expected, potentially reaching 15 billion euros due to various economic factors.
Nigeria: Bagudu Urges Ministerial Aides to Strengthen Public Policy Advisory, Implementation
Senator Abubakar Bagudu emphasized the importance of ministerial aides in enhancing public policy formulation and implementation during a workshop in Abuja.
GDP Up, Bonds Selling Well. Is It Time to Organize the Budget?
Poland's economic growth is expected to slow down after 2026, prompting discussions on financial consolidation during favorable conditions.
Budget Alert in New York: Mamdani's Million-Dollar Cuts to Libraries Contradict His Promises
New York Mayor Zohran Mamdani has proposed a $29 million budget cut to the cityโs major libraries, going against his campaign promises to enhance public services through taxing the wealthy.
The Minister of Culture Wants to Allocate 10 Million for Statues of Women
The Danish Culture Ministry proposes a budget of 10 million kroner to create statues commemorating historically significant women in Denmark.
Live at 13:15: the special commission discusses funding for Rail Baltic
The special committee for state budget control is set to discuss the funding for Rail Baltic, with a live stream of the session available.
DRC: After an alert from the IMF, Fรฉlix Tshisekedi launches an audit of civil servant salaries
President Fรฉlix Tshisekedi of the DRC has initiated an audit of civil servant salaries following an IMF warning about the unsustainable wage bill exceeding half of the state's budget.
IL obtained the debt brake paper - Here's what cold treatment is in store
Iltalehti reveals that Finnish political parties have reached an agreement on a debt brake aimed at reducing public debt in the coming years.
Teresina announces salary increase for teachers; impact of R$ 150 million
Teachers in Teresina's public schools will receive a 6% salary increase, with an estimated impact of R$ 150 million on the municipality's budget.
The health centers in Los Angeles that will stop functioning due to the US$50 million cut: closing on February 27
Several health centers in Los Angeles are set to close due to a US$50 million budget cut enacted by the Trump administration, effective February 27, 2026.
Millions in the preparation of a lifeguard tower that is uncertain to rise
Iceland is investing millions in the preparation of a lifeguard tower project, the future of which remains uncertain.
In the United States, the worrying trajectory of public finances
The Congressional Budget Office (CBO) has raised alarms about the rising national debt and its implications for future deficits and interest payments in the United States.
"It cost 60,000 euros": Charles Alloncle points out Virginie Efira's performance at the Cannes Film Festival
The article discusses a parliamentary inquiry regarding the public broadcasting budget for the Cannes Film Festival, focusing on the significant costs associated with Virginie Efira's role as the ceremony host.
Babiลก did not lay off the promised 300 officials, but he cut the budget of the Office of the Government
Czech Prime Minister Babiลก has not laid off the expected 300 officials, while simultaneously reducing the budget for the Office of the Government.
Left Alliance disagrees with debt brake
The Left Alliance in Finland has expressed dissent regarding the debt brake working group, arguing that decisions affecting future budget adjustments should not be finalized prematurely.
UK reports record-breaking budget surplus of ยฃ30.4bn in surprise boost for Rachel Reeves
The UK government has reported a record budget surplus of ยฃ30.4 billion for January, driven by increased tax receipts, marking a significant improvement in public finances.
Surrey police budget slashed by $47M with union sounding the alarm
The Surrey Police Union is alarmed by a $46.95 million cut to the police budget, which could affect the hiring of new officers amid rising crime concerns.
โTheyโre overseeing themselvesโ: B.C. budget eliminates merit commissioner position
The British Columbia budget has removed the merit commissioner position, which was responsible for overseeing fair hiring practices in the province's public service.
Former NYPD chief calls police cuts 'recipe for disaster' as Mamdani threatens tax hikes
Former NYPD chief John Chell criticized NYC Mayor Zohran Mamdani's decision to cancel plans for hiring 5,000 police officers, warning that it could lead to public safety issues amid budget shortfalls.
Brandon Johnson limited overtime spending for the Chicago police and created a new oversight framework
Chicago Mayor Brandon Johnson has signed an executive order limiting police overtime spending in efforts to manage the city's budget while ensuring public safety.
Mamdani proposes cutting NYPD budget, canceling 5K new officer hires
New York City Mayor Zohran Mamdani proposes cutting the NYPD budget and canceling plans to hire 5,000 new officers in an effort to streamline the city's finances.
Because the federal government is cutting: Deutsche Welle has to save 21 million
Deutsche Welle faces a significant budget cut from the German government, requiring savings of 21 million euros, resulting in job losses and reductions in service offerings.
Tough sell for B.C. budget featuring tax hike, record deficit and construction delays
British Columbia's budget proposal is facing criticism due to significant tax increases, a soaring deficit, and cuts in public sector jobs amid ongoing construction delays.
From 50 to 65 years old, with a reduced pension: Romania adopts its magistrates' retirement reform
Romania has reformed its magistrates' retirement age and pension system, raising the retirement age and reducing pension amounts amid public budget concerns.
Welfare area terminates and takes away lunch benefit from employees
The Kanta-Hรคme welfare area, Oma Hรคme, is laying off staff and eliminating lunch benefits due to budget cuts, affecting 143 employees across various sectors.
Exceptions to the fiscal framework for funding the public machine grow and threaten budget control
Exceptions to Brazil's fiscal framework have increased due to a recent Supreme Court ruling, putting pressure on public expenditure control.
ASF delivers individual reports on the oversight of the 2024 Public Account
The Federal Audit Office of Mexico presented individual reports on the oversight of the 2024 public budget, emphasizing the importance of transparency and public resource management.
Cash crunch: Ministers lament as N10tn capital funding stalls
Ministers in Nigeria are facing severe challenges due to a significant funding shortfall for capital projects, with only less than N1tn released in the first seven months of 2025.
5 things to know about B.C.โs 2026 budget
B.C. Finance Minister Brenda Bailey has unveiled a budget for 2026 that significantly raises the province's deficit while projecting a path of declining deficits in future years.