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Fiscal Policy

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Mamdani Orders Agencies to Find 2.5% in Recurring Savings

City Hall says the exercise will feed into the November Plan to help address a projected multi‑billion out‑year shortfall.

Lecornu Orders Winter Budget Push and Flags Deep Health Savings

IMF Tells Burnham to Avoid Broad Spending Increases or Tax Hikes

German Cabinet Approves KTF Plan That Diverts ETS Cash and Trims Programs

Commission Fails to Agree on Schuldenbremse Reform

Court Order Reveals R$2.28 Million ICMS Break for Zema Family Firm

Argentina Authorizes Up to 400 Billion Pesos in Advance Payments to Three Provinces

Meloni Pledges Middle‑Class Tax Cuts, Tighter Enforcement and EU Push to Shield Ports

Germany’s Debt‑Brake Panel Circulates ‘FinanzpfadPlus’ Compromise as Talks Stall

Brazil Seeks To Rework MEI Raise to Avoid R$50 Billion Fiscal Hit

Florida Leaders Set May 26 Budget Talks With May 29 Vote Target

Newsom’s May Budget Balances Near Term but Leaves a Large Structural Shortfall

Lula Authorizes Rio to Join Propag, Replacing Fiscal Recovery Regime

Chamber Backs Roma Capitale Powers Reform on First Reading

Telangana Cuts Ministers’ Pay by 50% to Tackle Pension Arrears

Italy Remains Under EU Deficit Oversight After 3.1% Shortfall Is Confirmed

Himachal Pradesh Ends 3% Salary Deferment for Class I and II Officers

SPD Presses Debt-Brake Overhaul as Merz Rejects New Borrowing

Ontario Sets March 26 Budget Date as Ford Pledges No Cuts

Tebet Calls Budget “Seized” by Congress as Motta Defends Amendment Powers