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Russia faces bigger budget deficit over oil prices
Russia’s budget deficit could reach 0.9% of gross domestic product (GDP) in 2020 at current oil prices, Finance Minister, Anton Siluanov told the upper house of parliament on Saturday.
UK to deliver post-Brexit budget under virus cloud
Britain unveils its first post-Brexit budget on Wednesday and analysts expect Prime Minister Boris Johnson to press ahead with major spending on infrastructure, despite the economic fallout from the coronavirus.
South Korea proposes 11.7 trillion-won extra budget
South Korea on Wednesday proposed an extra budget of nearly 12 trillion won to help better deal with the new coronavirus and minimize economic fallout from its outbreak here.
EU budget summit ends with no agreement
A marathon EU summit called to set the next seven-year budget ended in impasse after the 27 member countries failed to find common ground.
India doubles fund for Chabahar development in budget 2020
India doubled the budget for development of Chabahar port, southeastern Iran, in national budget plan for the year 2020 compared to the previous year.
Thai parliament passes $106b budget in boost for economy
Thailand’s parliament approved the annual budget after a months-long delay, providing a fillip for the country’s struggling economy.
India official sees budget gap widening to 3.8%, over target
India’s budget deficit could widen to 3.8 percent of gross domestic product in the current fiscal year, breaching a target of 3.3 percent, according to a senior official.
As South African stock investors eye 2020, budget looms large
South Africa’s budget, due to be presented next month, is looming as a key first-quarter event for investors seeking insights on the outlook for a stock market that failed to keep pace with emerging-market peers last year.
US war budget targets China
A previous article discussed how the US FY 2020 war budget targets Russia, Turkey and Syria.
Tokyo 2020 Olympics unveil final budget of $12.6b
The Tokyo 2020 Olympics are expected to cost some ¥1.35 trillion ($12.6 billion), organizers said Friday, unveiling a final budget showing increased revenue balancing out extra costs including countermeasures against heat.
Iran's draft budget eyes oil sale at $50 per barrel: Official
Iran’s budget for next year expects an oil price of $50 a barrel, head of Planning and Budget Organization Mohammad-Baqer Nobakht said at a press conference on Monday.
Hong Kong set to record first budget deficit in 15 years
Hong Kong is set to record its first budget deficit in 15 years, the city's finance chief warned Monday, as the business hub reels from the twin shocks of the trade war and seething democracy protests.
Lebanese parliamentary panel set to approve 2020 budget this year
The Lebanese parliament's budget and finance committee will approve the 2020 budget by the end of the year as the country is struggling to form a new government amid mass protests.
Official: Crude sales to make up just 7% of Iran’s income next year
Iran’s foreign oil sales, once a staple of the country’s yearly budgets, will account for a tiny portion of government's projected revenues equal to seven percent in the next Iranian calendar year beginning on March 21, 2020.

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