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S. Korean finance minister calls for swift passage of extra budget
South Korea's chief economic policymaker on Wednesday called on the National Assembly to swiftly pass the 6.7 trillion-won ($5.8 billion) extra budget bill, as Asia's fourth-largest economy is facing downside risks.
Moscovici: Eurozone budget likely to play stabilizing role
A future eurozone budget will soon have to take on the task of cushioning economic shocks despite current resistance from countries in northern Europe, a top European Union official said on Saturday.
Canadian budget minister resigns in government scandal
A minister in the government of Canadian Prime Minister Justin Trudeau has resigned, becoming the second cabinet member to step down amid allegations of government involvement in a major fraud case.
New shutdown threat as US budget talks stall
US budget talks have hit another impasse over immigration, a key Republican negotiator said Sunday, raising the prospect of a second government shutdown if no agreement is reached by this week’s deadline.
Germany could face budget deficits for years to come
Germany faces a €2-billion ($29 billion) budget shortfall by 2023, unless it tightens spending, as tax revenues are set to fall and public sector wages are on the rise, Bild newspaper reported, citing an internal government document.
India's farmers win big in latest budget
India's Hindu nationalist-led government poured extra money into support for farmers and a rural jobs program, delivering on Friday its last budget before a general election due by May with the clear aim of winning over votes.
Indonesia to double disaster relief budget in 2019 after year of tragedies
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.
Minister expects 21% increase in next year defense budget
Iran’s Defense Minister Brigadier General Amir Hatami expected the country’s defense budget would rise by 21 percent in the next Iranian calendar year (to start on March 21).
Salvini sees no danger to Italian gov’t in coming months
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.
Iran presents budget to counter 'cruel' US sanctions
President Hassan Rouhani on Tuesday unveiled Iran's first annual budget since the return of US sanctions, saying it had been adjusted to take account of Washington's "cruel" measures.
Italy’s Senate clears revised budget ahead of EU deadline
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.
Rouhani to submit national budget bill to Parliament on Tuesday
President Hassan Rouhani plans to submit the proposed budget bill for the year to start March 2019 to the Iranian Parliament on Tuesday, a lawmaker said.
Italy Senate passes revised budget after EU standoff
The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures.

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