Crisis-hit Sri Lanka passed the budget bill of 5.82 trillion rupee ($15 billion) aimed to improve country’s financial situation. The Parliament approved the budget for the year 2023 on Thursday, with 123 lawmakers voting for and 80 against it.

Sri Lanka’s 2023 budget gets parliamentary nod amidst unprecedented economic crisis

Italy government has approved its 2023 budget. Taxes on energy firms' extra profits set at 35%. Watch this report for all the details.

World Business Watch: Italy government approves 2023 budget

UK government on Thursday unveiled an austerity budget with £55 billion ($65 billion) of tax hikes and spending cuts despite confirming its economy was in recession.

Britain unveils 'austerity budget': Millions to pay more taxes as threshold frozen

WION Dispatch: UK unveils austerity budget with major tax hikes, spending cuts

New UK Finance Minister Jeremy Hunt is all set to release the Autumn budget. He is expected to include billions of tax rises and spending cuts.

UK: Jeremy Hunt to present autumn budget today

New UK Finance Minister Jeremy Hunt has unveiled a new budget. He said that his government is honest about the challenges and UK's economy is already in recession.

Sunak & Jeremy Hunt's economic roadmap: 'We are honest about our challenges'

Jeremy Hunt to present UK's autumn budget today

Sri Lankan President Ranil Wickremesinghe on Monday presented the budget in the parliament as the minister of finance after a whirlwind year that saw the country face its worst-ever economic crisis.

Sri Lanka President announces budget; aims for a turnaround by the end of 2023

China's broad fiscal deficit has hit an all-time high this year. China's economy has been slowing down due to covid-19 outbreaks and the housing market slump.

WION Business News | China's budget deficit nears record $1 trillion

After Prime Minister Liz Truss' initial economic proposals precipitated a collapse in the bond market, Britain's new finance minister, Jeremy Hunt, promised to demonstrate to investors that he would restore the nation's public finances.

UK: Newly appointed finance minister promises to restore the nation's public finances

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis. According to the Observer poll, the approval ratings of Liz Truss and the Tories have plunged.

Cost of living crisis worsens in UK; Liz Truss' approval ratings plunge

It has been barely a month since Liz Truss took over the reins from Boris Johnson as the UK’s Prime Minister and it seems that she is already facing a major crisis in gaining faith of the people. According to the Observer poll, the approval ratings of Truss and the Tories have plunged.

UK PM Truss' ratings plummet lower than Johnson's

UK PM Liz Truss has admitted that mini-budget caused disruption in the British economy. She said, not everyone will like what we are doing but the British economy will bounce back.

UK PM Liz Truss admits mini-budget caused disruption

In an effort to reduce expenses during tough economic times, Facebook parent company Meta informed its staff on Thursday (Sept 29) that it would be halting hiring.

Meta halts hiring to reduce expenses after recording its first global daily user decrease 

30 August, 2022 will mark the presentation of Sri Lankan President Ranil Wickremesinghe's first budget as head of his crisis-ridden nation. He will cut defence and other spending in an effort to secure help from the International Monetary Fund (IMF).

Sri Lanka: President Ranil Wickremesinghe to present maiden budget in hopes of IMF loan

Amid the ongoing tensions with China, Taiwan has again proposed to increase its defence spending next year. It will be Taiwan's sixth consecutive year of growth in defence spending since 2017.

Taiwan proposes a significant hike in defence spending amid China tensions

Pakistan's foreign exchange reserves are rapidly depleting, and its currency is trading at historic lows against the dollar.The current coalition government led by Shehbaz Sharif is forced to present the budget in accordance with the IMF's directives and conditions.

Pakistan loses right to decide its budget, IMF to dictate Shehbaz govt

Pakistan's new government unveiled its first budget. This was much awaited by many because this government took birth out of a crisis and it adopted an economy completely wounded. IMF is concerned over the budget and urged Pakistan to raise more direct taxes.

IMF calls Pakistan's budget 'problematic', urges to raise more direct taxes

In a virtual meeting on Wednesday, the International Monetary Fund (IMF) pressed hard on Pakistan whereby the Pakistani side shared the features of the coming budget 2022-23.

IMF presses hard for reforms as Pakistan shares upcoming 2022-23 budget features

The Nepal government on Sunday announces its annual budget of Rs 1.793 trillion for the fiscal year 2022-23, highlighting 'Make in Nepal’ and ‘Made in Nepal’ campaigns as rising imports increase the country’s economic vulnerability.

Nepal announces annual budget of Rs 1.793 trillion for 2022-23

New Zealand's Prime Minister Jacinda Ardern seems to have lost her sense of taste after contacting COVID-19. The Prime Minister has been in isolation following the positive test, due to which she was absent from the country's budget announcement, the most important day of the political year.

Budget day finds New Zealand's PM isolated, reporting a loss of taste after testing positive for covid

Sri Lanka plans to replace its current "unrealistic" budget and is in talks with the World Bank to extend its support by $300 million to $700 million, the country's finance minister said on Wednesday.

Sri Lanka Crisis: Colombo to replace 'unrealistic' budget, in talks to extend World Bank aid

The White House has requested allocation of USD 26 billion for NASA in the year 2023. If passed, these funda will be USD 2 billion more than what NASA received in the current fiscal year.

White House proposes budget of USD 26 billion for NASA in 2023 

Amid the ongoing chip shortage worldwide, The U.S. Senate has approved a $52 billion chips bill. The chip shortage has disrupted production.

U.S. Senate approves $52 billion chips bill to curb chip shortage woes

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