public-spending
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Foreign and Commonwealth Office / Wikimedia (OGL v1.0)Kenyan Senator Urges Focus on Completing Ongoing Projects and Pending Bills in 2026/2027 Budget
Narok Senator Ledama Ole Kina called for prioritizing completion of ongoing initiatives and settling pending bills over new projects in Kenya's upcoming budget. He criticized the Treasury's use of Article 223 for off-budget spending. The remarks follow the Cabinet's endorsement o…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Fitch Ratings Downgrades Philippines Credit Outlook to Negative
Fitch Ratings has revised the Philippines' credit outlook to negative from stable while affirming its BBB rating. The change reflects exposure to the global energy shock from the Middle East crisis and a slowdown in public spending. This could lead to higher borrowing costs if th…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)UK Government Reports £432 Million Reduction in In-Donor Refugee Spending for 2025
The UK Labour government has announced a £432 million decrease in in-donor refugee spending within Britain for 2025, marking a 15 percent reduction from the previous year. This follows the closure of asylum hotels and accelerated processing of applications. Overall asylum-related…