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Tag Archives: budget

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Biden signs record military budget

US President Joe Biden has signed the country’s largest ever military budget into law. The $886.3 billion bill gives American troops a pay raise, but includes only a fraction of the military aid requested by Ukraine. Biden signed the 2024 National Defense Authorization Act (NDAA) on Friday, after it passed …

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Budget-Friendly Travel: How to Save on Car Rentals

During a journey, every spent dollar counts. One of the key aspects where you can save is on car rentals. In this article, we will explore tips to help you save on auto rentals and make your journey more budget-friendly and comfortable. Comparing Prices and Offers Before renting a car, …

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Ukraine reveals value of budget shortfall

The Ukrainian government requires another $5 billion each month to avoid steep budget cuts, a senior lawmaker has said, appealing for more assistance from foreign countries despite billions in aid already provided by the US and its European allies. The head of Kiev’s parliamentary Committee on Finance, Tax and Customs Policy, …

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EU to pay Ukraine’s budget

European Commission President Ursula von der Leyen on Wednesday proposed an aid package of 9 billion euros ($9.5 billion) to keep Ukraine’s government running, and said that the EU would lead reconstruction efforts in Ukraine after hostilities cease. Her announcement came a day after the US called on Europe to …

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Grounded Russian cargo ships dent French budget

The French authorities are spending thousands of euros on the maintenance of Russian cargo ships, which are detained in the country’s ports due to Ukraine-related sanctions on Russia, France 2 TV reports. According to the media, while ship owners are seeking the greenlight to customs passage in courts, the port …

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Biden proposes largest-ever US military budget

US President Joe Biden has proposed the largest-ever military budget, asking Congress for $813.3 billion in the coming year – $31 billion more than the budget approved for 2022. Lawmakers are likely to add even more funding, as representatives from both parties have complained it doesn’t go far enough because …

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As Afghan war ends, House approves $24bn bump for Pentagon budget

The House Armed Services Committee held a marathon session on Wednesday to markup the spending under the annual National Defense Authorization Act (NDAA). Lawmakers from both parties joined forces to defy President Joe Biden’s intention to keep the Pentagon budget at $715 billion for next year, essentially keeping it at …

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80% of Afghanistan’s budget has disappeared overnight

For the past two decades, some 80% of Afghanistan’s budget has been financed by the US and other international donors. Now, it’s all gone.  Last week, the IMF decided that Afghanistan would no longer be able to access its resources, including the over $370 million set to arrive later this month. …

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