Government plans to accommodate asylum seekers on a barge on England's south coast face a possible legal challenge over fire safety.

UK: Migrant barge faces legal challenge over fire safety

Pakistan has changed its budget for the financial year starting on July 1, Finance Minister Ishaq Dar said on Saturday, including the latest fiscal tightening measures dictated by International Monetary Fund in a final effort to clinch a stalled rescue package.

"Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review," he told parliament.

For the fiscal year starting next month, Pakistan will raise a further 215 billion rupees ($752 million) in new tax and cut 85 billion rupees in spending, as well as a number of other measures to shrink the fiscal deficit, he said.

Also Read | <a href="https://www.wionews.com/trending/archaeologists-unearth-4000-year-old-stonehenge-burial-ground-in-the-netherlands-608203">Archaeologists unearth 4,000-year-old ‘Stonehenge’ burial ground in the Netherlands</a>

That will revise Pakistan's revenue collection target to 9.415 trillion rupees ($33 billion) and put total spending at 14.480 trillion rupees ($51 billion), Dar said. "These changes will make our fiscal deficit much better," he said.

"We have ensured that the new tax will not affect the poor," he claimed, and said the petrol levy will be raised from 50 rupees to 60 rupees, and will be capped at the new ceiling for any future changes.

Also Read | <a href="https://www.wionews.com/technology/google-rolls-out-perspectives-tab-in-major-search-engine-revamp-608201">Google rolls out 'Perspectives' tab in major search-engine revamp</a>

He also announced lifting of restriction on&nbsp;all imports enforced in December in a bid to cut the current account deficit, which has been one of the major concerns by the IMF to release the funds.

Money allocated for cash handouts to the poor was also revised from 450 billion rupees to 466 billion rupees for fiscal 2024, Dar said.

The review came a day after Prime Minister Shehbaz Sharif met with IMF Managing Director Kristalina Georgieva on the sidelines of the Global Financing Summit in Paris.

There is less than a week to go before the IMF's Extended Fund Facility agreed in 2019 expires on June 30.

Watch | 'Putin's chef' vs Defence Minister: Where has Wagner operated?

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Under the $6.5 billion facility's ninth review, negotiated earlier this year, Pakistan has been trying to secure $1.1 billion of funding stalled since November.

With central bank foreign exchange reserves barely enough to cover one month of controlled imports, Pakistan is facing an acute balance of payment crisis, which analysts say could spiral into a debt default if the IMF money doesn't come through.

The IMF funding is critical to unlock other bilateral and multilateral financing for the debt-ridden South Asian economy.

"I hope, God willing, that we will have an agreement with the IMF," Dar said.

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Pakistan has changed its budget for the financial year starting on July 1, Finance Minister Ishaq Dar said on Saturday, including the latest fiscal tightening measures dictated by International Monetary Fund in a final effort to clinch a stalled rescue package.

Pakistan has changed its budget for the financial year starting on July 1, Finance Minister Ishaq Dar said on Saturday, including the latest fiscal tightening measures dictated by International Monetary Fund in a final effort to clinch a stalled rescue package. "Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review," he told parliament. For the fiscal year starting next month, Pakistan will raise a further 215 billion rupees ($752 million) in new tax and cut 85 billion rupees in spending, as well as a number of other measures to shrink the fiscal deficit, he said. Also Read | Archaeologists unearth 4,000-year-old ‘Stonehenge’ burial ground in the Netherlands That will revise Pakistan's revenue collection target to 9.415 trillion rupees ($33 billion) and put total spending at 14.480 trillion rupees ($51 billion), Dar said. "These changes will make our fiscal deficit much better," he said. "We have ensured that the new tax will not affect the poor," he claimed, and said the petrol levy will be raised from 50 rupees to 60 rupees, and will be capped at the new ceiling for any future changes. Also Read | Google rolls out 'Perspectives' tab in major search-engine revamp He also announced lifting of restriction on all imports enforced in December in a bid to cut the current account deficit, which has been one of the major concerns by the IMF to release the funds. Money allocated for cash handouts to the poor was also revised from 450 billion rupees to 466 billion rupees for fiscal 2024, Dar said. The review came a day after Prime Minister Shehbaz Sharif met with IMF Managing Director Kristalina Georgieva on the sidelines of the Global Financing Summit in Paris. There is less than a week to go before the IMF's Extended Fund Facility agreed in 2019 expires on June 30. Watch | 'Putin's chef' vs Defence Minister: Where has Wagner operated? × Under the $6.5 billion facility's ninth review, negotiated earlier this year, Pakistan has been trying to secure $1.1 billion of funding stalled since November. With central bank foreign exchange reserves barely enough to cover one month of controlled imports, Pakistan is facing an acute balance of payment crisis, which analysts say could spiral into a debt default if the IMF money doesn't come through. The IMF funding is critical to unlock other bilateral and multilateral financing for the debt-ridden South Asian economy. "I hope, God willing, that we will have an agreement with the IMF," Dar said. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. ×

Pakistan changes budget as dictated by IMF to clinch stalled funds

The cost of living crisis is forcing more university students to take on more hours in their part-time jobs, with most saying that supporting themselves is affecting their studies, according to a new study.

UK: Cost of living crisis forcing students to take on more hours of paid work

Boris Johnson was accused on Friday of a new breach for taking a newspaper columnist job without waiting for required ethics vetting. Remember, the former British prime minister quit parliament last week over a finding that he misled lawmakers about covid lockdown parties. The Tories are divided over whether to endorse the findings of a panel of lawmakers that he deliberately misled parliament over parties at his office during the pandemic. Johnson started his working life in journalism, sacked by the Times newspaper for making up a quote. He went on to have a career at the daily telegraph, whereas a Brussels correspondent, he lambasted the EU in vivid, if not always accurate prose. He later pursued parallel media and political careers as editor of the Spectator magazine and as a member of parliament. Before becoming prime minister, he wrote a column for the daily telegraph. That column often saw him criticized for his views, and he was accused of islamophobia.

UK Panel: Boris Johnson took job without vetting, a clear breach

The echoes of the barbaric spring and blood-soaked December of 1971 bear witness to the unspeakable atrocities and genocide endured in East and West Pakistan. This haunting legacy serves as a constant reminder of the depths of human suffering and the indomitable spirit that emerged from the darkness. 
 
Against the backdrop of this painful past, the geopolitical stage witnessed a complex dance of power. As superior nations like USA and &nbsp;UK threw their weight behind West Pakistan, their old adversary India found an ally in the strategic treaty forged with the Soviet Union on August 9, 1971. This intricate web of alliances added layers of complexity to an already volatile situation, amplifying the stakes and consequences. 
 
March 25, 1971, marked a turning point that plunged the region into a state of terror and despair. Operation Searchlight, unleashed by Pakistan, initiated a reign of darkness that stretched for nine agonising months, leaving in its wake a trail of unimaginable suffering and an indelible scar on the collective memory of the people. 
 
<a href="https://www.wionews.com/business-economy/pakistan-unveils-51-billion-budget-with-half-to-service-debt-602703">ALSO READ|&nbsp; Pakistan unveils $51 billion budget with focus on ‘elements of real economy’ hikes defence spending</a> 
 
In the wake of this painful past, fifty-two years later, Bangladesh and Pakistan have taken divergent paths, especially in the economic realm. Bangladesh has defied the odds, experiencing remarkable growth and development, while Pakistan faces ongoing political and economic challenges.

Economic contrasts: Bangladesh’s rise and Pakistan’s struggle

Bangladesh's economic success story is one of resilience and triumph. Through a focus on export-oriented industries and the development of a robust manufacturing sector, the country has attracted foreign investment and achieved consistent GDP growth. Bangladesh's achievements extend beyond economics, excelling in areas such as passport rankings, literacy, micro-credit financing, and women empowerment. Its impressive GDP per capita and strong forex reserves further underline its economic prowess. 
 
In contrast, Pakistan has faced economic setbacks and struggles for stability. The country has failed to meet its economic growth targets, with GDP growth at a meagre 0.3%. Inflation, currency depreciation, and a decline in industrial output have compounded its challenges. Pakistan's global economic ranking has plummeted, adding pressure to the cash-strapped government ahead of the upcoming elections. The government must navigate the demands of the International Monetary Fund and implement stringent reforms to secure a vital bailout package. 
 
In a recent conversation with WION, Asad Ejaz Butt, a renowned economist based in Islamabad, shared a profound insight into the disparity between Bangladesh's remarkable economic growth and Pakistan's ongoing struggle and political instability. Mr Butt's perspective shed light on the ground sentiment surrounding this divergence, as he expressed, “Bangladesh is an oft-cited case study within both academic circles and government meetings in Pakistan. The Bengali currency 'takka,' once used derogatorily in Pakistan to denote something as cheap and lacking value, is now regarded by many Pakistanis with a complex mix of envy and awe.'" 
 
Pakistan Budget 2023 -2024&nbsp; 
 
Pakistan's 2023-24 national budget poses a daunting challenge as no new taxes are imposed, but a modest GDP growth target of 3.5% is set. With an outlay of Rs 14.46 trillion and increased current expenditure, stabilising the economy and addressing issues is vital. IMF assistance is crucial to avoid a debt default and tackle inflation, yet limited fiscal space hampers popular measures for economic stimuli. 
 
Conclusion 
 
In conclusion, the economic contrasts between Bangladesh and Pakistan are stark. Bangladesh's success story serves as an inspiration, while Pakistan must embrace economic reforms and stability. The upcoming budgets of both countries carry significant implications for their economic trajectories. By recognizing the historical context, promoting cooperation, and prioritising inclusive growth, Pakistan and Bangladesh can bridge the divide and forge a prosperous future together. 
 
Disclaimer: The views of the writer do not represent the views of WION or ZMCL. Nor does WION or ZMCL endorse the views of the writer.

 
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The echoes of the barbaric spring and blood-soaked December of 1971 bear witness to the unspeakable atrocities and genocide endured in East and West Pakistan. This haunting legacy serves as a constant reminder of the depths of human suffering and the indomitable spirit that emerged from the darkness.

The echoes of the barbaric spring and blood-soaked December of 1971 bear witness to the unspeakable atrocities and genocide endured in East and West Pakistan. This haunting legacy serves as a constant reminder of the depths of human suffering and the indomitable spirit that emerged from the darkness. Against the backdrop of this painful past, the geopolitical stage witnessed a complex dance of power. As superior nations like USA and UK threw their weight behind West Pakistan, their old adversary India found an ally in the strategic treaty forged with the Soviet Union on August 9, 1971. This intricate web of alliances added layers of complexity to an already volatile situation, amplifying the stakes and consequences. March 25, 1971, marked a turning point that plunged the region into a state of terror and despair. Operation Searchlight, unleashed by Pakistan, initiated a reign of darkness that stretched for nine agonising months, leaving in its wake a trail of unimaginable suffering and an indelible scar on the collective memory of the people. ALSO READ| Pakistan unveils $51 billion budget with focus on ‘elements of real economy’ hikes defence spending In the wake of this painful past, fifty-two years later, Bangladesh and Pakistan have taken divergent paths, especially in the economic realm. Bangladesh has defied the odds, experiencing remarkable growth and development, while Pakistan faces ongoing political and economic challenges. Economic contrasts: Bangladesh’s rise and Pakistan’s struggle Bangladesh's economic success story is one of resilience and triumph. Through a focus on export-oriented industries and the development of a robust manufacturing sector, the country has attracted foreign investment and achieved consistent GDP growth. Bangladesh's achievements extend beyond economics, excelling in areas such as passport rankings, literacy, micro-credit financing, and women empowerment. Its impressive GDP per capita and strong forex reserves further underline its economic prowess. In contrast, Pakistan has faced economic setbacks and struggles for stability. The country has failed to meet its economic growth targets, with GDP growth at a meagre 0.3%. Inflation, currency depreciation, and a decline in industrial output have compounded its challenges. Pakistan's global economic ranking has plummeted, adding pressure to the cash-strapped government ahead of the upcoming elections. The government must navigate the demands of the International Monetary Fund and implement stringent reforms to secure a vital bailout package. In a recent conversation with WION, Asad Ejaz Butt, a renowned economist based in Islamabad, shared a profound insight into the disparity between Bangladesh's remarkable economic growth and Pakistan's ongoing struggle and political instability. Mr Butt's perspective shed light on the ground sentiment surrounding this divergence, as he expressed, “Bangladesh is an oft-cited case study within both academic circles and government meetings in Pakistan. The Bengali currency 'takka,' once used derogatorily in Pakistan to denote something as cheap and lacking value, is now regarded by many Pakistanis with a complex mix of envy and awe.'" Pakistan Budget 2023 -2024 Pakistan's 2023-24 national budget poses a daunting challenge as no new taxes are imposed, but a modest GDP growth target of 3.5% is set. With an outlay of Rs 14.46 trillion and increased current expenditure, stabilising the economy and addressing issues is vital. IMF assistance is crucial to avoid a debt default and tackle inflation, yet limited fiscal space hampers popular measures for economic stimuli. Conclusion In conclusion, the economic contrasts between Bangladesh and Pakistan are stark. Bangladesh's success story serves as an inspiration, while Pakistan must embrace economic reforms and stability. The upcoming budgets of both countries carry significant implications for their economic trajectories. By recognizing the historical context, promoting cooperation, and prioritising inclusive growth, Pakistan and Bangladesh can bridge the divide and forge a prosperous future together. Disclaimer: The views of the writer do not represent the views of WION or ZMCL. Nor does WION or ZMCL endorse the views of the writer. WATCH WION LIVE

Unveiling 1971 war atrocities & economic contrasts: Bangladesh's success and Pakistan's perilous path

The Shehbaz Sharif administration, which is unveiling the budget for 2023–24, is facing challenging times as the economy of Pakistan is in disarray and appears to have fallen short of all of its goals for this year.

Pakistan releases new budget amid severe economic crisis

June is an important month for India's key Neighbors on either side as both Pakistan and Bangladesh are scheduled to announce their budgets for the fiscal year 2023 and 2024 on June 9th and June 26th respectively. As the world grapples with an inflation crisis we take a look at how both countries have fared so far.

Bangladesh races past Pakistan on all fronts as Pakistan battles ongoing fiscal crisis

Bangladesh and Pakistan to table budget in June | Latest News

UK Prime Minister Rishi Sunak’s administration has refused a demand from the government-appointed COVID-19 inquiry to hand over former prime minister Boris Johnson’s WhatsApp messages and pandemic diaries, setting off allegations of cover-up and obstruction.

UK: Rishi Sunak faces allegations of cover-up after refusing to handover chats to covid inquiry

UK Prime Minister Rishi Sunak will travel to Washington next week for talks with US President Joe Biden.

Rishi Sunak to visit US for talks with Joe Biden

To help its citizens deal with rising cost of living, the Australian government said it would include a 10 billion dollar package over four years in the federal budget. The package is aimed at giving families and businesses relief while not stoking inflation.

Australia's Budget 2023: Will budget bring relief to people?

Summer is just around the corner and for many, it is time to unwind and relax but with mass layoffs, bank closures, inflation and financial tensions remain high for many Americans heading into the summer.

Money-saving hacks for a memorable summer

Money-saving hacks for a memorable summer without overspending

'The Super Mario Bros' revolves around a plumber named Mario who travels through an underground labyrinth with his brother Luigi to save a captured princess. The legendary video game 'Mario' has inspired the storyline.

'The Super Mario Bros' revolves around a plumber named Mario who travels through an underground labyrinth with his brother Luigi to save a captured princess. The legendary video game 'Mario' has inspired the storyline. Guardians of the Galaxy fame Chris Pratt is the voice of Mario, and Charlie Day of Monsters University is the voice of Luigi. Anya Taylor Joy has voiced Princess Peach. Aaron Horvath and Michael Jelenic have directed 'The Super Mario Bros.' Aaron Horvath's last movie was Teen Titans Go. Matthew Fogel, the writer of Big Mommas: Like Father, Like Son, has written the film's story. Chris Meledandri and Shigeru Miyamoto are the producers. Here's everything you need to know about The Super Mario Bros movie, including the full cast and release date. The Super Mario Bros full cast Here's the list of actors and voice artists in 'The Super Mario Bros' and their characters. Chris Pratt Mario Anya Taylor-Joy Peach Charlie Day Luigi Jack Balck Browser Keegan-Michael Key Toad Seth Rogen Donkey Kong Fred Armisen Cranky Kong Kevin Michael Richardson Kamek Sebastian Maniscalco Spike Charles Martinet - The Super Mario Bros release date In the United States, 'The Super Mario Bros Movie' got released on Wednesday, April 5, 2023. In India, the movie got released in theatres on Friday, April 7, 2023. The OTT release date of 'The Super Mario Bros Movie' is not official yet. But it is available in all nearby theatres. The Super Mario Bros Movie facts Universal Pictures and Nintendo have co-produced 'The Super Mario Bros.' alongside Chris Melendandri and Shigeru Miyamoto, the creator of Mario. The movie brings Mario and Luigi to life, two of the most beloved video game characters. DVD & Blu-ray for 'The Super Mario Bros' will release around June 2023. ALSO READ | The Super Mario Bros. Movie review: An adventure through Nostalgia Land

The Super Mario Bros. Movie: Check full cast, budget, director, producer, release date & all you need to know

Chancellor Jeremy Hunt has set out plans to get over 50s and parents of young children back to work to get the economy growing again. He announced a big expansion of free childcare in his Budget and measures aimed at over-50s who have not returned to work after the pandemic.

Budget 2023: Jeremy Hunt seeks to tempt parents and over-50s back to work

Chancellor Jeremy Hunt today delivered what he called a ‘budget for growth’ with a series of measures aimed at improving productivity and innovation. They included a range of incentives looking to encourage businesses to invest and grow and moves to get more people back into work.

UK Budget: Hunt sets out his plan for growth

US President Joe Biden on Thursday (March 9) unveiled the government's spending plans in Pennsylvania, announcing higher taxes on the rich.

While speaking at the Philadelphia union hall, the president questioned the Republican opposition over the issue of fiscal responsibility, as he highlighted plans to deduct the deficit of the nation by nearly $3 trillion in 10 years by increasing taxes on those who have an income of more than $400,000 a year.

The budget, overall, would increase federal spending in the coming 12 months to $6.8 trillion.

ALSO READ | <a href="https://www.wionews.com/world/biden-proposes-mega-spending-of-usd-25-billion-with-eye-on-china-570373">Biden proposes mega-spending of USD 25 billion to counter China in Indo-Pacific</a>

"For too long, working people been breaking their necks, the economy's left them behind - working people like you - while those at the top get away with everything," Biden said while addressing the Pennsylvania blue-collar workers, a group which was targeted by him in his 2020 presidential campaign.

"No billionaire should paying a lower tax than somebody working as a school teacher or a firefighter," he added.

The budget proposed by Biden is facing stiff opposition from Republican lawmakers who are emboldened after winning control of the House of Representatives in November's midterm elections.

However, the plan is a political statement trying to directly challenge the threats given by Republican House Speaker Kevin McCarthy to block an increase in the federal borrowing's limit of $31.4 trillion till Biden agrees to rein in federal spending.

"I want to make it clear I'm ready to meet with the speaker anytime, tomorrow if he has his budget. Lay it down, tell me what you want to do. I'll show you what I want to do, see what we can agree on," said Biden.

“I have created 12 million jobs in two years - more than any other president in American history. Any country that out-educates us will out-compete us. Our education system was more efficient than any other now the rest of the world has caught up. We want the best-educated workforce for our country. We are working for better opportunities,” he added.

WATCH | Republicans ramp up pressure on Joe Biden

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“We have had the best infra and economy in the world but now the rest of the world has caught up and we are lagging behind. 1.2 trillion dollars will be spent by the government in a span of 10 years for infra revamp,” Biden further stated.&nbsp;&nbsp;

"My budget reflects what we can do to lift the burden on hard-working Americans. My budget plan is going to give people a fighting chance. Too many people have been left behind and treated like they're invisible. Not anymore. I promise you: I see you," said Biden.

Biden's budget plan was described by McCarthy and other Republicans as "a reckless proposal".

(With inputs from agencies)

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US President Joe Biden on Thursday (March 9) unveiled the government's spending plans in Pennsylvania, announcing higher taxes on the rich. While speaking at the Philadelphia union hall, the president questioned the Republican opposition over the issue of fiscal responsibility, as he highlighted plans to deduct the deficit of the nation by nearly $3 trillion in 10 years by increasing taxes on those who have an income of more than $400,000 a year.

US President Joe Biden on Thursday (March 9) unveiled the government's spending plans in Pennsylvania, announcing higher taxes on the rich. While speaking at the Philadelphia union hall, the president questioned the Republican opposition over the issue of fiscal responsibility, as he highlighted plans to deduct the deficit of the nation by nearly $3 trillion in 10 years by increasing taxes on those who have an income of more than $400,000 a year. The budget, overall, would increase federal spending in the coming 12 months to $6.8 trillion. ALSO READ | Biden proposes mega-spending of USD 25 billion to counter China in Indo-Pacific "For too long, working people been breaking their necks, the economy's left them behind - working people like you - while those at the top get away with everything," Biden said while addressing the Pennsylvania blue-collar workers, a group which was targeted by him in his 2020 presidential campaign. "No billionaire should paying a lower tax than somebody working as a school teacher or a firefighter," he added. The budget proposed by Biden is facing stiff opposition from Republican lawmakers who are emboldened after winning control of the House of Representatives in November's midterm elections. However, the plan is a political statement trying to directly challenge the threats given by Republican House Speaker Kevin McCarthy to block an increase in the federal borrowing's limit of $31.4 trillion till Biden agrees to rein in federal spending. "I want to make it clear I'm ready to meet with the speaker anytime, tomorrow if he has his budget. Lay it down, tell me what you want to do. I'll show you what I want to do, see what we can agree on," said Biden. “I have created 12 million jobs in two years - more than any other president in American history. Any country that out-educates us will out-compete us. Our education system was more efficient than any other now the rest of the world has caught up. We want the best-educated workforce for our country. We are working for better opportunities,” he added. WATCH | Republicans ramp up pressure on Joe Biden “We have had the best infra and economy in the world but now the rest of the world has caught up and we are lagging behind. 1.2 trillion dollars will be spent by the government in a span of 10 years for infra revamp,” Biden further stated. "My budget reflects what we can do to lift the burden on hard-working Americans. My budget plan is going to give people a fighting chance. Too many people have been left behind and treated like they're invisible. Not anymore. I promise you: I see you," said Biden. Biden's budget plan was described by McCarthy and other Republicans as "a reckless proposal". (With inputs from agencies) You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE

Biden unveils $6.8 trillion budget plan, raises taxes for wealthy citizens

Outer Banks Season 3: The Pogues are back on Netflix! All ten episodes of Outer Banks season 3 dropped in India on Thursday, February 23, 2023, at 12:30 PM. The first eight minutes of episode 301 of Outer Banks season 3 are also available on YouTube.

Outer Banks Season 3: The Pogues are back on Netflix! All ten episodes of Outer Banks season 3 dropped in India on Thursday, February 23, 2023, at 12:30 PM. The first eight minutes of episode 301 of Outer Banks season 3 are also available on YouTube. Netflix pleased the Outer Banks' fans by uploading the clip on a free video streaming platform before the release of the series on the OTT. However, the good news does not end for Outer Banks season 3 fans. Netflix also renewed the fourth season. It's a bummer but a blessing that Outer Banks season 3 has a massive cliffhanger at the end of the season. Outer Banks season 3 trailer depicted a change for the band. The Pogue will venture on their greatest treasure hunt in Outer Banks season 3. Their quest will lead them to the lost city of gold, El Dorado. In conclusion, Outer Banks season 3 is a roller coaster ride. Here are all the details about Outer Banks season 3, including the release date, star cast, budget, director, producer and more. Outer Banks Season 3: Release Date In their idyllic new home, the Pogues have everything. They have a private island, a glowing sunset, and each other. But the happiness won't last long. If you want to know what will happen next, watch the Outer Banks season 3. Netflix released Outer Banks season 3 on Thursday, February 23, 2023. Outer Banks season 3: Full Cast Outer Banks season 3, based in a community in North Carolina, shows a group of young teenagers called 'the Pogues' on an adventure. Here's the list of the full cast of Outer Banks season 3. Chase Stokes as John B. Madelyn Cline as Sarah Cameron Madison Bailey as Kiara Jonathan Daviss as Pope Rudy Pankow as JJ Austin North as Topper Drew Starkey as Rafe Cameron Carlacia Grant as Cleo Charles Esten as Ward Cameron Outer Banks season 3: Budget, Director & Producer The budget for Outer Banks season 3 was around $50 million. However, the numbers are not officials as the production house has not stated the budget for Outer Banks season 3. Aaron Miller, Sunny Hodge, Carole Sanders, and Peterman are the producers for Outer Banks season 3. Furthermore, Jonas Pate has directed the third season of Outer Banks.

Outer Banks Season 3: Release Date, Full Star Cast, Budget, Director, Producer and Everything You Need to Know

On February 22, 2023, Hong Kong's Financial Secretary Paul Chan unveiled the city's budget plan for the fiscal year 2023-2024.

The budget emphasises innovation and technology and seeks to revitalise Hong Kong's economy and address ongoing social and economic challenges, specifically focusing on creating a "Happy Hong Kong."

Incentivising the development of the industry using cultural exchange in the form of a carnival will help increase consumption in the country.&nbsp;

<a href="https://www.wionews.com/business-economy/fired-then-move-on-seven-ex-google-employees-seek-to-build-a-firm-564328">Also read |&nbsp;Fired? Then move on: Seven ex-Google employees seek to build a firm</a>

In addition, the budget plan also includes some notable tax alterations. With tax raises in place to increase the country's revenue.

One of the key features of the budget plan is a package of measures to support innovation and technology development.&nbsp;

The government has allocated $2.6 billion to various initiatives, including research and development grants, technology transfer support, and start-up funding.

In addition, around $6.4 million has been allocated for Web3 development with a task force dedicated to creating digital assets.&nbsp;

These measures are aimed at boosting Hong Kong's competitiveness in the global economy and supporting the city's transformation into a technology hub.

The budget plan also includes measures to address ongoing social and economic challenges, such as housing and healthcare, to create a "Happy Hong Kong".

The government has pledged to increase public housing spending and set out to distribute $5,000 of vouchers to strengthen consumption.&nbsp;

<a href="https://www.wionews.com/business-economy/japans-factory-activity-shrinks-at-the-fastest-pace-in-over-two-years-564258">Also read |&nbsp;Japan's factory activity shrinks at the fastest pace in over two years</a>

The budget also includes provisions for improving healthcare services and facilities, including constructing new hospitals and hiring more healthcare professionals.

Despite the ambitious goals in the budget plan, some observers have raised concerns about the challenges Hong Kong faces in the coming year.&nbsp;

Ongoing political unrest, the global economic slowdown, and the impact of the COVID-19 pandemic all present significant challenges to Hong Kong's economy and society.

However, the government's focus on creating a "Happy Hong Kong" reflects a commitment to addressing the city's social and economic challenges while investing in the future.

The plan's success will depend on various factors, including the ongoing political and economic situation in Hong Kong and the broader global context.

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On February 22, 2023, Hong Kong's Financial Secretary Paul Chan unveiled the city's budget plan for the fiscal year 2023-2024. The budget emphasises innovation and technology and seeks to revitalise Hong Kong's economy and address ongoing social and economic challenges, specifically focusing on creating a "Happy Hong Kong.

On February 22, 2023, Hong Kong's Financial Secretary Paul Chan unveiled the city's budget plan for the fiscal year 2023-2024. The budget emphasises innovation and technology and seeks to revitalise Hong Kong's economy and address ongoing social and economic challenges, specifically focusing on creating a "Happy Hong Kong." Incentivising the development of the industry using cultural exchange in the form of a carnival will help increase consumption in the country. Also read | Fired? Then move on: Seven ex-Google employees seek to build a firm In addition, the budget plan also includes some notable tax alterations. With tax raises in place to increase the country's revenue. One of the key features of the budget plan is a package of measures to support innovation and technology development. The government has allocated $2.6 billion to various initiatives, including research and development grants, technology transfer support, and start-up funding. In addition, around $6.4 million has been allocated for Web3 development with a task force dedicated to creating digital assets. These measures are aimed at boosting Hong Kong's competitiveness in the global economy and supporting the city's transformation into a technology hub. The budget plan also includes measures to address ongoing social and economic challenges, such as housing and healthcare, to create a "Happy Hong Kong". The government has pledged to increase public housing spending and set out to distribute $5,000 of vouchers to strengthen consumption. Also read | Japan's factory activity shrinks at the fastest pace in over two years The budget also includes provisions for improving healthcare services and facilities, including constructing new hospitals and hiring more healthcare professionals. Despite the ambitious goals in the budget plan, some observers have raised concerns about the challenges Hong Kong faces in the coming year. Ongoing political unrest, the global economic slowdown, and the impact of the COVID-19 pandemic all present significant challenges to Hong Kong's economy and society. However, the government's focus on creating a "Happy Hong Kong" reflects a commitment to addressing the city's social and economic challenges while investing in the future. The plan's success will depend on various factors, including the ongoing political and economic situation in Hong Kong and the broader global context. WATCH WION LIVE HERE Live TV

Hong Kong's ambitious budget plan to focus on 'Happy Hong Kong'

Afghanistan's ambassador to India Farid Mamundzay has welcomed India's Rs 200 crores development assistance for his country announced during Budget 2023-23. Speaking to WION, the Ambassador said, "We appreciate the allocated development assistance of Rs 200 crore to Afghanistan by the Indian government at a difficult time."

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India had last year as well announced a support of Rs 200 crores for Afghanistan in its budget, which increased to Rs 350 crores in the revised budget. Calling it, "India’s generous and unwavering support to ease the current humanitarian crisis", the ambassador pointed out it will "contribute to the stalled development projects" which is "the need of the hour."

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This is for the second time in a row India has announced development assistance for Afghanistan since the Taliban takeover in August 2021. It is important to know that India does not recognise the Taliban regime. Despite not recognising the regime in Kabul, New Delhi continues to provide humanitarian support to the Afghan people.&nbsp;

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Ambassador Farid said, "over the past two years, there has been little development assistance provided to the Afghan people due to political challenges in Kabul", adding, "in order to manage these crises, the Taliban require to make the right political choices to put an end to the suffering of ordinary Afghans."

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Afghanistan's ambassador to India Farid Mamundzay has welcomed India's Rs 200 crores development assistance for his country announced during Budget 2023-23. Speaking to WION, the Ambassador said, "We appreciate the allocated development assistance of Rs 200 crore to Afghanistan by the Indian government at a difficult time.

Afghanistan's ambassador to India Farid Mamundzay has welcomed India's Rs 200 crores development assistance for his country announced during Budget 2023-23. Speaking to WION, the Ambassador said, "We appreciate the allocated development assistance of Rs 200 crore to Afghanistan by the Indian government at a difficult time." Also Read | Netanyahu meets Macron amid fresh flareup in Middle-East conflict India had last year as well announced a support of Rs 200 crores for Afghanistan in its budget, which increased to Rs 350 crores in the revised budget. Calling it, "India’s generous and unwavering support to ease the current humanitarian crisis", the ambassador pointed out it will "contribute to the stalled development projects" which is "the need of the hour." Also Read | Bolsonaro aide claims former president attended meeting about plot to keep him in power This is for the second time in a row India has announced development assistance for Afghanistan since the Taliban takeover in August 2021. It is important to know that India does not recognise the Taliban regime. Despite not recognising the regime in Kabul, New Delhi continues to provide humanitarian support to the Afghan people. Watch | Inside South Asia: Nepal's gift to India: Precious stones for Ram Temple Ambassador Farid said, "over the past two years, there has been little development assistance provided to the Afghan people due to political challenges in Kabul", adding, "in order to manage these crises, the Taliban require to make the right political choices to put an end to the suffering of ordinary Afghans." WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

'Generous and unwavering support..': Afghan Ambassador Farid welcomes India's budget announcement

India's Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 on Wednesday. Here are the major takeaways from the Budget.

Union Budget 2023: Key highlights and takeaways

Indian Finance Minister Nirmala Sitharaman has made the new tax regime more attractive. The rebate limit is upped from Rs 5 to Rs 7 lakh. There is easing of rates in the slabs. Watch this report to know more.

India Budget 2023: Tax rebate extended on income up to ₹7 lakh under the new tax regime

WION's Neha Khanna and Jasper Reid decodes foreign investors expectations from India's upcoming budget 2023.

What do foreign investors expect from India's Budget 2023?

India has increased its monetary support for Bhutan and Maldives in its Budget 2023 announced on Wednesday. Afghanistan saw no change in allocation. Countries that saw a decrease in allocation were Bangladesh, Nepal, Sri Lanka, Myanmar, Mongolia, Mauritius, and Seychelles.

India's budget allocation for Afghanistan remains same, support increased to Bhutan, Maldives

Union Budget 2023: Every year, taxpayers wait for the presentation of the Union Budget by the Finance Minister in Parliament. According to the Ministry of Finance, the annual Union Budget of India is in the final preparation stage. Moreover, this year people have expectations from the government as it is the last Union Budget of the current administration before the 2024 Lok Sabha elections. The Government of India has finalised the date for the Union Budget presentation. Finance Minister Nirmala Sitharaman will present the Union Budget 2023 on Wednesday,1 February.&nbsp;&nbsp;The Union Budget presentation will start at 11:00 AM on 1 February&nbsp;2023.&nbsp;

Here's everything you need to know about the Union Budget 2023.&nbsp;

<h2>Union Budget 2023: Date &amp; Time</h2>

The Union Budget throws light on the government's finances and defines the economic policies for the upcoming year. People are eager to catch the Budget 2023 live because of the global economic transitions. The Central government has already fixed the date and time for the presentation of the Union Budget 2023-24.&nbsp;

The Union Budget session 2023, will be presented by Finance Minister Nirmala Sitharaman at 11 AM and will continue for up to two hours.

<h2>WATCH LIVE: Union Budget 2023</h2>

The upcoming Finance Bill on 1 February will be the final annual Union Budget ahead of the Lok Sabha elections in 2024. Furthermore, the global surge in interest rates has made the Union Budget more intriguing.

You can witness the live streaming on Sansad TV and Doordarshan. You don't have to worry if you do not own a television. You can also catch the Union Budget 2023 LIVE on the official YouTube channels of Sansad TV and Doordarshan.

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Union Budget 2023: Every year, taxpayers wait for the presentation of the Union Budget by the Finance Minister in Parliament. According to the Ministry of Finance, the annual Union Budget of India is in the final preparation stage.

Union Budget 2023: Every year, taxpayers wait for the presentation of the Union Budget by the Finance Minister in Parliament. According to the Ministry of Finance, the annual Union Budget of India is in the final preparation stage. Moreover, this year people have expectations from the government as it is the last Union Budget of the current administration before the 2024 Lok Sabha elections. The Government of India has finalised the date for the Union Budget presentation. Finance Minister Nirmala Sitharaman will present the Union Budget 2023 on Wednesday,1 February. The Union Budget presentation will start at 11:00 AM on 1 February 2023. Here's everything you need to know about the Union Budget 2023. Union Budget 2023: Date & Time The Union Budget throws light on the government's finances and defines the economic policies for the upcoming year. People are eager to catch the Budget 2023 live because of the global economic transitions. The Central government has already fixed the date and time for the presentation of the Union Budget 2023-24. The Union Budget session 2023, will be presented by Finance Minister Nirmala Sitharaman at 11 AM and will continue for up to two hours. WATCH LIVE: Union Budget 2023 The upcoming Finance Bill on 1 February will be the final annual Union Budget ahead of the Lok Sabha elections in 2024. Furthermore, the global surge in interest rates has made the Union Budget more intriguing. You can witness the live streaming on Sansad TV and Doordarshan. You don't have to worry if you do not own a television. You can also catch the Union Budget 2023 LIVE on the official YouTube channels of Sansad TV and Doordarshan. ALSO READ | After sacking 12000 employees, Google's CEO Sundar Pichai to take massive pay cut?

Budget 2023 & Speech Start Time: When, Where & How To Watch It Live to check all the major announcements

Indian Finance Minister Nirmala Sitharaman will table the Union Budget 2023-24 in Parliament today. The budget session of the Parliament began on Tuesday with President Droupadi Murmu addressing both Houses of Parliament in a joint session. Pope Francis condemned economic colonialism in a strong statement during his visit to Congo.&nbsp;

Among other news, US and allies slapped more sanctions on Myanmar marking the second anniversary of the junta's military rule.&nbsp;

Click on the headlines to read more:

<a href="https://www.wionews.com/business-economy/budget-2023-live-updates-nirmala-sitharaman-to-present-union-budget-2023-24-in-parliament-today-557696">Nirmala Sitharaman to present Union Budget 2023-24 in Parliament today</a>

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Indian Union Finance Minister Nirmala Sitharaman will present the Budget 2023-24 in Parliament today. The Budget assumes significance by the fact that the country is scheduled to have the next Lok Sabha election in April-May 2024. The budget session of the Parliament began on Tuesday with President Droupadi Murmu addressing both Houses of the Parliament in a joint session.&nbsp;

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<a href="https://www.wionews.com/world/us-slaps-more-sanctions-on-myanmar-on-juntas-second-anniversary-557714">US slaps more sanctions on Myanmar on junta's second anniversary&nbsp; &nbsp;&nbsp;</a>

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Myanmar's military toppled the democratically-elected government of the country and grabbed power on 1 February 2021. As the country marks the second anniversary of this military coup, the United States and its allies took the opportunity to tighten its noose around the military regime while imposing sanctions on the country.

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Global oil major ExxonMobil Corp on Tuesday informed it reaped a record net profit of $56 billion last year as oil prices touched record highs due to the ongoing Russia-Ukraine war.&nbsp;

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The White House and India are entering a partnership Tuesday that President Joe Biden hopes will help the two countries compete against China on military equipment, semiconductors and artificial intelligence (AI).

Indian Finance Minister Nirmala Sitharaman will table the Union Budget 2023-24 in Parliament today. The budget session of the Parliament began on Tuesday with President Droupadi Murmu addressing both Houses of Parliament in a joint session.

Indian Finance Minister Nirmala Sitharaman will table the Union Budget 2023-24 in Parliament today. The budget session of the Parliament began on Tuesday with President Droupadi Murmu addressing both Houses of Parliament in a joint session. Pope Francis condemned economic colonialism in a strong statement during his visit to Congo. Among other news, US and allies slapped more sanctions on Myanmar marking the second anniversary of the junta's military rule. Click on the headlines to read more: Nirmala Sitharaman to present Union Budget 2023-24 in Parliament today Indian Union Finance Minister Nirmala Sitharaman will present the Budget 2023-24 in Parliament today. The Budget assumes significance by the fact that the country is scheduled to have the next Lok Sabha election in April-May 2024. The budget session of the Parliament began on Tuesday with President Droupadi Murmu addressing both Houses of the Parliament in a joint session. WATCH | Pope: Hands off Africa! × US slaps more sanctions on Myanmar on junta's second anniversary Myanmar's military toppled the democratically-elected government of the country and grabbed power on 1 February 2021. As the country marks the second anniversary of this military coup, the United States and its allies took the opportunity to tighten its noose around the military regime while imposing sanctions on the country. After Exxon posts record profits, White House calls it 'outrageous' Global oil major ExxonMobil Corp on Tuesday informed it reaped a record net profit of $56 billion last year as oil prices touched record highs due to the ongoing Russia-Ukraine war. US, India enter deal that aims to counter China on AI and military The White House and India are entering a partnership Tuesday that President Joe Biden hopes will help the two countries compete against China on military equipment, semiconductors and artificial intelligence (AI).

Morning news brief: Indian FM to present Union Budget today, Pope Francis says 'Hands Off Africa' and more

India's Finance Minister Nirmala Sitharaman presented the Union Budget for fiscal year 2023-24 in the Parliament on February 1. And in a major relief for the middle class, an Income tax rebate was extended on income up to Rs 7 lakhs under the new tax regime.

Union Budget 2023: Major relief for Income tax payers

Indians have awaited the Union Budget 2023 as it directly impacts their daily lives. As the essential and non-essential items get cheaper or costlier, they affect the pockets of the common man. Here’s a list of what has become cheaper and costlier.

Union Budget 2023: What's become cheaper and costlier?

WION's Neha Khanna and Jasper Reid decodes the India's economic survey and the big expectations from upcoming budget 2023.

What the world expects from India's Budget 2023?

India's real estate sector is looking forward to the upcoming budget 2023 – 2024 with high expectations from the government to consider some key demands. Watch this video to know more.

What the real estate players need from the Budget

Ahead of India's Union Budget 2023, we list out the three things that the startup ecosystem is expecting for the tech industry. Watch this video to know more.

Startup India's expectations from the Budget

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