UK budget surplus goal no longer credible: lawmakers
Tuesday, 12 February 2019 () LONDON (Reuters) - British finance minister Philip Hammond's plan to turn the country's budget deficit into a surplus in the mid-2020s is no longer credible after he relaxed his grip on public spending last year, British lawmakers said on Tuesday. Parliament's Treasury Committee said Hammond's long-term fiscal goal of getting the public finances into the black had ceased to be meaningful. "It should be replaced before the next budget with something that accurately reflects government policy and priorities, which clearly do not include running a budget surplus," the committee said ahead of Hammond's half-yearly budget update on March 13
MADRID — Spain Prime Minister Pedro Sanchez might have to call for a third general election in less than four years after his budget was rejected by right-wing parties, reports The New York Times.
Pedro Sanchez came to power in mid-2018 after ousting then prime minister Mariano Rajoy with the...
Budget 2019, Finance Minister Piyush Goyal presents Union Budget 2019 as Modi Government gears up to attract Farmers, Middle Class and every possible sector. According to sources, Budget is designed to..
Goa CM Manohar Parrikar addresses the budget session in state assembly. Ailing Parrikar tables the budget and provide tablets to all MLAs with the budget document . Goa CM is unwell for months and has..
According to Axios and Business Insider, The White House is considering using the Pentagon budget to fund President Donald Trump's proposed $5 billion border wall between US and Mexico. The news site..