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Israel unveils budget for ‘Israelization’ of East J'salem al-Quds
Tel Aviv has earmarked $560 million for “Israelization” of occupied East Jerusalem al-Quds, which Palestinians want as the capital of their future state, the daily Ha'aretz reported on Monday.
EU launches battle for bigger post-Brexit budget
The European Commission proposed a bigger new multi-year budget on Wednesday that will trigger battles among member states over how to fill the funding gap left by Britain’s exit next year.
Over 1mn job to be generated in current year
Government Spokesman and Head of Plan and Budget Organization Mohammad-Baqer Nobakht said that President Rouhani ordered the responsible officials of the country for generating more than one million employment opportunities in 1397 (started March 21, 2018).
Iran's Parliament ratifies budget bill for next fiscal year
Iran's Parliament approved the national budget bill for the next Iranian year, which will start on March 21, 2018.
Rouhani administration faces no budget deficit despite unfulfilled income target
An assessment of the Iranian government's financial condition during March 21-December 20, 2017, shows that although the Rouhani administration has failed to acquire more than $8.1 billion in pr+edicted monetary resources, its figures are not indicative of a budget deficit.
US government shuts down despite late Senate vote on budget deal
The US Senate has approved a budget deal including a stopgap funding bill, but the vote early on Friday came after a midnight deadline and too late to prevent a federal government shutdown.
MPs pass general outlines of budget bill
Iran's Parliament passed the general outlines of the budget bill for the next fiscal year (March 2018-19) after initially rejecting it over concerns that the proposed cuts could hit the vulnerable strata the hardest.
Japan government approves record high military budget
Japan’s government has approved a record military budget, which allocates significant funding to the purchase of American-made weaponry.
British defense minister threatens to quit over army budget cuts
The British defense Minister has threatened to resign if the ministry goes ahead with spending cut plans, under which the army would lose 12,000 soldiers.
Ireland to boost budget package to €1b
Ireland is set to almost triple the amount available to cut taxes and increase spending in next week's budget through a series of additional revenue raising measures, the Irish Times reported.
Macron government cuts wealth taxes in first budget
French President Emmanuel Macron's business-friendly government unveiled its first annual budget Wednesday, fending off criticism that its tax cuts favor the very wealthiest.
Japan requests record-high defense budget amid Korean Peninsula tensions
Japan’s Defense Ministry has requested a record-high budget to boost its missile ranges amid increasing tensions on the Korean Peninsula.
S. Korea's foreign ministry requests 2% hike in 2018 budget
South Korea's foreign ministry said on Tuesday that it has asked for a two percent increase in its budget for next year with much of the rise earmarked for protecting Korean nationals overseas and helping less-developed countries.
UK budget deficit to rise
UK Prime Minister Theresa May’s pledge to balance the country’s books is already under attack, amid fears that a slowdown will force her government to ramp up spending.
Indonesia raised to investment grade by S&P
S&P Global Ratings raised Indonesia’s credit rating to investment grade, bringing it in line with the other two main rating companies and paving the way for more fund inflows into Southeast Asia’s largest economy. Stocks surged to a record and the rupiah advanced.

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