Indonesia will more than double its disaster response budget to 15 trillion rupiah ($1.06 billion) in 2019, officials said on Tuesday, after a series of major natural disasters devastated three regions of the vast archipelago last year.
Italian Deputy Prime Minister Matteo Salvini said on Monday he “did not see any danger” to the government in the coming months as it turns its attention to new reforms after finally pushing its 2019 budget into law.
The upper house of Italy’s parliament has approved a revised budget plan for 2019 after a tense standoff with the European Union (EU) and despite opposition complaints that the process has been rushed to meet an EU deadline.
The European Commission has asked Italy for a further 2.5 billion euros-3 billion euros ($3.40 billion) in savings before approving the country’s 2019 budget, Corriere della Sera daily reported on Tuesday.
Mexico's new leftist government on Saturday avoided major surprises in its closely watched first budget, sticking to fiscal promises made to investors who have been jittery about plans for Latin America's No. two economy.
Italian Prime Minister Giuseppe Conte was quoted as saying on Wednesday he was ready to amend slightly some of the measures included in the country’s 2019 budget in a bid to overcome a rejection by the European Commission.