The minister pointed out in the MTBPS that government debt is too high although there was a budget surplus for the first time in 15 years.

Minister of Finance Enoch Godongwana said growth over the medium term is expected to average 1.8%. While delivering his Medium-Term Budget Policy Speech (MTBPS) on Wednesday, he aired his concerns ...

The Finance Minister has highlighted that South Africa must manage debt better to support inclusive growth, with government debt projected to reach 75.5% of GDP by 2025/26.

Godongwana made the remarks on Wednesday while delivering his Medium-Term Budget Policy Statement (MTBPS) In Parliament. “We ...

Godongwana revealed that the SA government’s debt-service costs will reach R388.9 billion in the current financial year. “To deal with this problem, we have taken difficult steps to reduce the budget ...

Dubai has approved a AED272bn ($74.6bn) budget cycle as it outlines Government income and spending plans for the next three ...

South Africa’s government is still considering whether to adopt a new fiscal anchor that will provide a sustainable long-term path for public finances, despite opposition from within the country’s ...

The announcement of an expansionary budget for Dubai, with a significant allocation for infrastructure spending will support the view that growth will remain constructive over the coming years. “We ...

Other items funded include one-time bonuses for city employees, a downtown master plan and an eviction prevention program ...

As defined by the U.S. Department of Veterans Affairs (VA), a service-connected condition means an illness or injury that was caused by, or got ...

A resolution giving roughly 7 acres of city-owned land to a developer is moving at Metro Council. Once it's approved, razing ...

Austin ISD officials deemed a former school campus as surplus on Oct. 24, opening it up for monetization in the future.