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Tag Archives: budget

US government shutdown extends into next week

Washington, United States | AFP | The US government partial shutdown was set to stretch deep into next week after legislators failed Thursday to make a breakthrough in the row over President Donald Trump’s demand for a US-Mexico border wall. After convening for just a few minutes following the official …

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Nigeria’s Buhari submits slimmer budget to lawmakers

Lagos, Nigeria | AFP | Nigerian President Muhammadu Buhari on Wednesday presented parliament with his government’s 2019 budget plan that he said was to help growth, fight poverty and boost infrastructure. The draft budget, at 8.83 trillion naira ($24.3 billion), was smaller than the 9.12 trillion approved for the previous …

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Saudi Arabia raises spending in new deficit budget

Riyadh, Saudi Arabia | AFP | OPEC heavyweight Saudi Arabia on Tuesday announced an expansionary budget for 2019 but projected a shortfall for the sixth year in a row due to low oil prices. The new budget comes with the oil-rich kingdom reeling under strong international pressure over the murder …

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BUDGET: Zimbabwe to cut govt salaries to curb spending

  Harare, Zimbabwe | AFP | Zimbabwe’s new finance minister Mthuli Ncube announced a five-percent cut to senior government officials’ salaries on Thursday in a bid to mend the shattered economy. Ncube’s budget also set out plans for the biometric registration of civil servants to weed out “ghost” workers who …

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Trump signs spending bill, averting government shutdown

Washington, United States | AFP | US President Donald Trump on Friday signed a $1.3 trillion compromise federal spending bill despite being “unhappy” with many of its provisions — thereby averting what would have been the third government shutdown of 2018. Trump said he signed the measure that had passed the …

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MPs challenge Kasaija request for Sh736b domestic loan

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on the National Economy has rejected the approval of a Sh736b domestic loan by the government for statutory payments, including salaries and wages. Last month minister of state for finance in charge of planning, David Bahati tabled before parliament a notice …

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