Latest news with #financeMinister
Washington Post
24-06-2025
- Business
- Washington Post
Germany to raise defense spending to 3.5% of GDP in 2029
BERLIN — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans. Chancellor Friedrich Merz's coalition pushed plans through parliament to enable higher defense spending by loosening strict rules on incurring debt even before it took office last month. It acted ahead of the NATO summit starting Tuesday that aims to raise allies' defense spending target from 2% of GDP to 3.5%, plus another 1.5% for potentially defense-related infrastructure.
Free Malaysia Today
24-06-2025
- Business
- Free Malaysia Today
13MP success hinges on coordination of all ministries, says PM
The special Cabinet meeting on the 13th Malaysia Plan allowed ministers and senior government officials to give their suggestions on implementing it. (Facebook pic) PETALING JAYA : The success of implementing the 13th Malaysia Plan (13MP) depends on proper coordination and preparedness of every government ministry or agency, says Prime Minister Anwar Ibrahim. Anwar, who is also the finance minister, said they must move together as one team to meet future demands, Bernama reported. 'The 13MP was drafted following continuous discussions among ministries, central agencies and state governments over the past few months,' said Anwar, who chaired a special Cabinet meeting to review the framework and key initiatives of the 13MP today. He said the 13MP would shape the direction of the country's development for the next five years. It is scheduled to be tabled in the Dewan Rakyat at the end of next month. During the meeting, Anwar gave space to all ministers and senior ministry officers to contribute ideas on implementing the plan. 'The 13MP is a continuation of the reforms driven by the Madani government over the past two years. 'It is based on our aspirations to restructure the economic framework, elevate the status, dignity and well-being of the people, and build a more just, sustainable and resilient nation,' he said.
CTV News
11-06-2025
- Business
- CTV News
CTF gives finance minister failing grade
Winnipeg Watch The Canadian Taxpayers Federation is ranking Manitoba's finance minister as the worst in the country due to a lack of tax relief.
Reuters
04-06-2025
- Business
- Reuters
UK's Reeves says more pensioners will receive winter fuel payments this year
LONDON, June 4 (Reuters) - British finance minister Rachel Reeves said on Wednesday more pensioners will receive winter fuel payments this winter, following the government's U-turn on the widely criticised cuts in the payments to the elderly. "People should be in no doubt that ... more people will get winter fuel payment this winter," Reeves told a press conference in northwest England.
Zawya
03-06-2025
- Business
- Zawya
Chad's development plan targets $30bln over 6 years, finance minister says
Chad's national development plan targets $30 billion over 6 years, the Central African country's finance minister Tahir Hamid Nguilin said on Tuesday. (Reporting by Anait Miridzhanian Editing by Bate Felix)
