China’s government said it expected the economy to grow “around 5 percent” this year. A meeting of the top legislature will reinforce Mr. Xi’s grip on power.
Tag: Budgets and Budgeting
In London’s Poor Areas, Budget Cuts and Youth Violence Collide
Poor neighborhoods that have been hit hardest by austerity have also seen violence among young people surge or remain stubbornly high. Residents say that’s no coincidence.
Russia Reports 2022 Deficit of $47 Billion
The budget gap reached 3.3 trillion rubles, or 2.3 percent of the size of the Russian economy, according to the country’s finance minister.
At German Christmas Markets, Smiles Shine Bright but Budgets Are Tight
In Nuremberg, the stalls are open without Covid restrictions, and big crowds are returning to sip mulled wine and socialize. But amid economic uncertainty, visitors are spending less.
Congress’s Productive Final Weeks
With the holidays looming, Congress is using its final weeks to try to approve a rush of major legislation.
What to Know As UK Unveils Budget Proposal
The government’s budget proposal, known as the Autumn Statement, will lead to £55 billion in tax rises and spending cuts to fill a massive funding gap. Here are five takeaways.
UK Announces Billions in Tax Increases and Spending Cuts
The government is betting that the plan will put public finances back on sound footing but acknowledges that the measures are likely to deepen the economic misery for Britons.
What to Expect From the U.K.’s Budget Proposals Today
Tax increases and spending cuts are expected as the government tries to stabilize its finances and reassure financial markets.
Britain Slashes Foreign Aid: ‘You Couldn’t Pick a Worse Time’
The nation is often the second-largest donor to groups working in poor countries to prevent and treat infectious diseases, and to provide reproductive health services to women.
Britain Scales Back Foreign Aid, Threatening Progress in Global Health
The nation is often the second-largest donor to groups working in poor countries to prevent and treat infectious diseases, and to provide reproductive health services to women.