Tag: public spending
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Finance Ministry blasts IDF overspending, eyes new bank tax as Israel unveils 2026 budget
Overview: A Budget Unveiled in a Climate of Tension Israel’s Finance Ministry released the guiding principles for the 2026 state budget, signaling a bold shift in how the government plans to balance the nation’s finances. The announcement immediately sparked a public clash with the Defense Ministry, with treasury officials accusing the IDF of wasteful practices…
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Muturi questions feasibility of Ruto’s Sh1.5trn Infrastructure Fund
Muturi voices concerns over Ruto’s Sh1.5 trillion infrastructure fund Former Kenyan Attorney General and Democratic Party (DP) leader Justin Muturi has publicly challenged the viability of President William Ruto’s proposed Sh1.5 trillion Infrastructure Fund. Speaking amid a climate of economic strain on Kenyan households, Muturi pressed for a focus on prudent financial management, accountability, and…
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EU Militarisation Debate: Irish Candidate Voices Concern
EU Militarisation Sparks Fire in Irish Political Arena The debate over Europe’s trajectory on defence and security has risen to the forefront as Irish voters prepare for a presidential contest that has featured spiky criticism of where the European Union is headed. In a recent appearance on Katie Hannon’s Interview Live, independent presidential candidate Catherine…
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Protesters in Malate, Manila Call for End to Corruption
Malate Rally Highlights a Growing Plea for Accountability Thousands gathered at Plaza Rajah Sulayman in Malate, Manila, on a Sunday marked by a blend of music, speeches, and spirited political demands. The event, organized by the United People’s Initiative, aimed to fuse a concert atmosphere with direct political action as participants called for accountability in…
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Calamity Victims First: Bong Go Urges Govt Focus
Senator Urges a Relief-First Approach for Disaster Victims Sen. Christopher “Bong” Go is calling on the national government to reorient its spending toward those most affected by natural disasters. He argues that public funds should prioritize calamity victims over ghost projects and questionable flood-control programs that he says have been milked by a few. Speaking…
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Corruption and Investments: Marcos aide calls negativity overblown
Marcos Aide Challenges Negative Read on Investment Climate Frederick Go, Special Assistant to the President for Investment and Economic Affairs (SAPIEA), argued on Thursday that the perceived negative impact of the flood-control corruption controversy on foreign investments is “overblown.” He suggested that the ongoing investigation into alleged graft could ultimately benefit the Philippines’ economy by…
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Conservatives unveil £5,000 first-job homebuyer’s tax rebate
Overview: a new incentive for young homebuyers The Conservative Party has announced a plan to reward young people entering the workforce with a £5,000 tax rebate aimed at helping them buy their first home. Described by party officials as a “first-job bonus,” the policy intends to divert a portion of national insurance contributions into a…
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Conservatives unveil £5,000 first-job homebuyer rebate at Manchester conference
Conservatives announce a £5,000 first-job homebuyer rebate The Conservative Party has set out plans to reward work by offering young people a £5,000 tax rebate towards their first home once they secure their first full-time job. The proposal, presented by shadow chancellor Mel Stride at the party’s conference in Manchester, would channel national insurance payments…
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Conservatives unveil £5,000 first-job tax rebate for young homebuyers at Manchester conference
Overview of the plan In a keynote speech at his party conference in Manchester, the Conservative shadow chancellor Mel Stride outlined a package of measures designed to reward work and support first-time buyers. Central to the announcement is a £5,000 tax rebate for young people who secure their first full-time job and buy their first…
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Conservatives outline £47bn public spending cuts plan amid welfare and aid reform proposals
Conservatives unveil a plan to cut £47bn in public spending The Conservative Party is set to announce a comprehensive package of public spending reductions designed to trim roughly £47 billion from the national bill over five years. The proposals, outlined ahead of the party conference in Manchester, target welfare, international aid, and civil service headcounts.…