Economic & Fiscal

Labour Faces Tough Choices on Taxes to Fund Public Services Austerity
Economic & Fiscal Labour Faces Tough Choices on Taxes to Fund Public Services Austerity

The Labour Party in the UK is currently navigating a complex fiscal landscape as it prepares its economic strategy under the leadership of Rachel Reeves and Keir Starmer. According to a recent analysis by the Institute for Fiscal Studies (IFS), Labour may need to find ways to raise up to £25

SNP's Tax Policies Threaten Economic Growth and Talent Retention
Economic & Fiscal SNP's Tax Policies Threaten Economic Growth and Talent Retention

Initial analysis of Scotland's current fiscal scenario reveals a complex and often contentious environment shaped by the Scottish National Party’s (SNP) tax policies. With John Swinney at the helm, the SNP has implemented a higher tax regime ostensibly aimed at addressing budget deficits. However,

Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax
Economic & Fiscal Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax

The recent approval by the Council of Ministers of the Federal Republic of Somalia for a substantial increase in the national budget for the fiscal year 2025 marks a significant shift in the country's economic strategy. This new budget, amounting to $1,342,476,311, represents a 24.4% increase from

Can British Columbians Afford Higher Taxes Under Eby's Government?
Economic & Fiscal Can British Columbians Afford Higher Taxes Under Eby's Government?

As British Columbians prepare to head to the polls this fall, their financial struggles and calls for government accountability have come into sharp focus. A recent report reveals that many residents are facing substantial financial hardships, sparking debates around tax burdens, government

Will UK Steel Industry Survive Without Extended Trade Protections?
Economic & Fiscal Will UK Steel Industry Survive Without Extended Trade Protections?

The British steel industry is currently at a crossroads, facing a potential crisis that could shape its future for years to come. With existing trade protections set to expire in 2026, UK steelmakers are calling for stronger defensive measures against an expected surge of imported steel. This call

Vietnam Reviews Socio-Economic Gains and Challenges Through 2024
Economic & Fiscal Vietnam Reviews Socio-Economic Gains and Challenges Through 2024

Over the first three quarters of 2024, Vietnam has navigated a labyrinth of global and domestic challenges to achieve notable socio-economic milestones. At the national meeting held on October 7, Prime Minister Pham Minh Chinh led discussions aimed at assessing the country's progress amidst a

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