Topic
government-finance
5 stories related to this topic, newest first.
The Independentpolitics4 hrs ago
British Council Has Not Repaid Principal on £197 Million Loan but Offered Art Collection as Repayment
The National Audit Office reported that the British Council has repaid none of the £197 million loan balance and does not expect to return to profit until 2029/30. Negotiations continue over a repayment plan that could cut a quarter of staff and close offices in 11 countries.
Washington Examinerpolitics12 days ago
Postal regulator urges Congress to define universal service obligation
The Postal Regulatory Commission asked lawmakers to clarify the Postal Service's required service levels. The regulator also said recent cost-cutting steps have extended the agency's financial runway by several years.
japantoday.comfinance22 days ago
Japan to Issue New Deficit Bonds for Extra Budget
Prime Minister Sanae Takaichi said the government will issue new deficit financing bonds to fund an extra budget. Bond issuance will not rise on a calendar-year basis.
FI
agriculture.einnews.comfinance36 days ago
Kenya Delays Income Tax Relief for Low-Income Workers Citing Revenue Shortfall
The government has postponed plans to exempt workers earning up to 30,000 shillings from PAYE tax and to reduce the rate for those earning between 30,000 and 50,000 shillings. Officials cited a projected 35 billion shilling revenue gap. The Treasury is reviewing whether higher co…
Substrate placeholder — needs reviewworld55 days ago
Pentagon Requests $1.5 Trillion Budget Including $75 Billion for Drones and Countermeasures
The Pentagon has submitted a $1.5 trillion budget request that allocates $75 billion for drones and technologies to counter them. The request comes amid ongoing discussions about defense spending priorities. This proposal highlights investments in unmanned systems and related def…
MA