Hungarian Prime Minister Viktor Orbán said Thursday the European Commission is blackmailing Hungary by withholding billions in frozen funds over rule-of-law concerns. Orbán said the blackmail is “a fact,” even admitted by the blackmailers themselves — members of the European Parliament. “In our view, Hungary fulfils all the qualities of the rule of law, and … Read more
News of the Mossad’s success in helping Cyprus thwart a plot by Iran to kill Israelis and Jews is in some ways a small footnote to a much larger story. Last week, the National Security Council put out an unprecedented warning to Israelis traveling to over 80 countries, including European ones normally thought of … Read more
The House of Representatives will pass the 2024 budget on 30 December, Speaker Tajudeen Abbas has said. Mr Tajudeen said on Tuesday at the resumption of the plenary that lawmakers will have to return after the Christmas holiday to consider and pass the budget. In Nigeria, 25 and 26 of December are recognised as Christmas … Read more
Attorney-General Gali Baharav-Miara must instruct the Finance Ministry to freeze coalition funds for the 2024 state budget, the Movement for Quality Government in Israel (MQG) urged in a letter to her, the Finance Ministry’s legal counsel, and Finance Minister Bezalel Smotrich. Following the passing of the amended 2023 budget last week, which included coalition … Read more
Finance Minister Bezalel Smotrich may have to give up on some NIS 400 million for security purposes in the West Bank in the 2023 amended budget as preparation of the bill continued on Monday in the Finance Committee. The process was stalled on Sunday when Smotrich was told by the Finance Ministry’s professionals and … Read more
German Finance Minister Christian Lindner announced plans to reform the country’s debt rules to allow more spending in times of economic downturn, while also voicing criticism over planned price increases for farmers and airlines. In an interview with German regional newspapers published Saturday, Lindner said he intends to revise an economic calculation component that defines … Read more
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has asked the National Assembly to approve the N17 billion appropriated for the FCT Administration in the N27.5 trillion 2024 proposed National Budget. Mr Wike made the appeal when he appeared before the Joint Session of the Senate and House Committees on FCT, in Abuja … Read more
After several discussions and delays stemming from governmental strife over coalition finances, the Finance Committee gave its approval to the revised state budget for 2023 on Tuesday. The budget is now set for a second and third reading in the Knesset, with deliberations commencing tomorrow and final approval votes scheduled for Thursday. In response … Read more
Governor Siminalayi Fubara of Rivers State on Thursday signed the state’s N800 billion 2024 budget into law, barely 24 hours after it was presented to a four-man House of Assembly for approval. Speaking at the ceremony at the Government House, Port Harcourt, Mr Fubara said the budget would provide the framework for his administration to … Read more
The Knesset passed the amended budget for 2023 on Thursday in a 59-44 vote. The new budget includes an addition of some NIS 30 billion with NIS 17b. intended for the Defense Ministry and the war efforts. The rest was intended for civil needs that were the results of the war, a rehabilitation fund … Read more
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