Tag: Budget 2026
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Banadir Proposes $61 Million Budget for 2026: A People-Centered Plan for Mogadishu
Overview of the 2026 Budget Proposal The Banadir Regional Administration has unveiled its proposed budget for 2026, totaling $61 million. This marks a notable reduction from the previous year’s plan of $101 million, signaling a strategic shift toward tighter fiscal discipline amid evolving local revenue and aid prospects. Deputy Governor and Head of Finance for…
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Banadir Unveils $61 Million Budget Proposal for 2026 amid Public Consultation
Overview of the 2026 Budget Proposal The Banadir Regional Administration has unveiled its proposed budget for 2026 at $61 million, marking a substantial reduction from the previous year’s $101 million plan. The proposal arrives in a period of heightened emphasis on financial discipline, transparency, and citizen involvement as the administration seeks to align spending with…
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Lecornu Survives Two No-Confidence Votes as France Weighs Next Budget Challenges
Moment of Truth for France’s New Prime Minister French Prime Minister Sébastien Lecornu narrowly dodged two votes of no confidence in the National Assembly, a sign that the country remains deeply divided and that governing in a hung parliament will be a perpetual test for his administration. Each motion required 289 votes to pass, and…
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Lecornu Survives Two No-Confidence Votes as France Faces a Hung Parliament
Two No-Confidence Votes Fall Short, but the Crisis Isn’t Over French Prime Minister Sébastien Lecornu narrowly escaped a pair of confidence motions in the National Assembly, a day that underscored the fragility of Emmanuel Macron’s coalition and the country’s hung parliament. Both motions were dramatic tests of support, but only one had a realistic path…
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France PM Lecornu survives no-confidence votes amid budget battle
Two votes, one fate: Lecornu survives, for now France’s prime minister, Sébastien Lecornu, has miraculously withstood two separate motions of no confidence in the National Assembly, a crucial moment that underscored the country’s fragile parliamentary balance. The first motion, filed by the left-wing La France Insoumise (France Unbowed), came within a whisker of toppling him,…
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France Suspends Pension Reform to Avert Government Collapse
France suspends pension reform to avert government collapse In a high-stakes move aimed at stabilizing a fragile minority government, French Prime Minister Sébastien Lecornu announced the suspension of the controversial pension reform that would raise the retirement age from 62 to 64. The pause, declared during a policy speech at the National Assembly, is designed…
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France unveils new cabinet as budget crisis tightens its grip on Paris
France unveils a new cabinet amid mounting budget pressure PARIS — In a move aimed at steadying a government facing its sternest budget hurdle in years, the French presidency announced Prime Minister Sebastien Lecornu’s new cabinet on Sunday. At the forefront of the reshuffle is a renewed alignment with President Emmanuel Macron, as Roland Lescure,…
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French presidency unveils new cabinet as budget pressure intensifies
France unveils a new cabinet under renewed pressure over the 2026 budget The French presidency announced a refreshed cabinet lineup on Sunday, led by Prime Minister Sebastien Lecornu, as the government confronts mounting pressure to deliver a budget for 2026 in a deeply fragmented parliament. The decision keeps some continuity at the top while signaling…
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Macron Bets on Lecornu II to Steer France Through Budget Turbulence
Macron Reappoints Lecornu as Prime Minister, Deepening the Political Chess Game In a move that reshapes the current winds of French politics, President Emmanuel Macron reappointed Sebastien Lecornu as prime minister on Friday, just days after Lecornu quit the job. The sudden reversal has amplified the country’s leadership crisis as Macron seeks to unite a…
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Budget 2026: Fuel costs rise as VAT cuts reshape Ireland
Budget 2026 in effect: what changed and what it means for households As Budget 2026 measures snapped into effect at midnight, households, businesses, and students are left recalibrating to a new mix of reliefs and costs. The government announced a package of tax changes and targeted supports designed to protect jobs and stimulate sectors like…