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India unveils budget focusing on agriculture, rural poor

The Indian government Monday unveiled its budget for the fiscal year 2016-17, aimed at boosting agriculture and appealing to the rural poor.

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Japan enacts 28 bln USD extra budget for FY 2015 to enhance welfare provisions

Japan's parliament on Wednesday enacted an extra budget of 3.32 trillion yen (28.2 billion U.S. dollars) for fiscal 2015 through March to underpin the economy and enhance welfare provisions.

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Japan approves record 42 bln USD defense budget for FY 2016, spending leaps for 4th straight year

The Cabinet of Japanese Prime Minister Shinzo Abe approved a record-high military budget on Thursday marking the fourth consecutive year that spending on defense has increased.

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Japan's cabinet green-lights record budget for FY 2016, challenging fiscal reform goals ahead

​Prime Minister Shinzo Abe's cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation's burgeoning welfare costs and mounting public debt.

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Sri Lanka's banking sector launch massive strike against gov't maiden budget

​Thousands of employees from the island nation's baking sector held a protest in the capital on Tuesday against the government's maiden budget for 2016.

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Budget deficit mainly behind Egypt's growing debts

​Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.

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Budget deficit mainly behind Egypt's growing debts

​Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.

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S. Korea approves 10.5 bln-USD extra budget to boost economy

​South Korea on Friday finalized supplementary budget plan for the second half at 11.8 trillion won (10.5 billion U.S. dollars) to boost the lackluster economy caused by sluggish exports, a long spell of drought and the outbreak of Middle East Respiratory Syndrome (MERS).

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Australian gov't "kinder" budget could help win back voters

​After last year's slash-and-burn budget which enraged many voters, Australia's Treasurer Joe Hockey 's second budget which was delivered on Tuesday night is an unashamed attempt to win back those unhappy voters and deliver the government some good news in the polls.

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British budget aids home-buyers, forecasts further cut in size of gov't

​The final budget of the current British parliament contained headline policy items that will benefit households, home-buyers, and businesses as well as policy directions that will see the size of the government cut back to almost its smallest since the 1930s.

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China 2015 defense budget to grow 10.1 pct, lowest in 5 years

China on Thursday announced a 10.1-percent rise in its national defense budget in 2015, the lowest growth in five years as the country confronts mounting pressure in the face of an economic slowdown.

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Iran mulls further reducing reliance on oil income

Iran's Majlis (parliament) is discussing decreasing the share of oil revenues in the country's budget for the new Iranian calendar year March 21, 2015, media reported on Tuesday.

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Obama proposes 4 trillion USD budget for 2016

​The U.S. President Barack Obama announced a record 4 trillion-U.S.-dollar budget proposal for 2016 on Monday, as he sought to boost spending on infrastructure, education and research to make the country more competitive and strengthen the lackluster middle-class.

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Obama proposes 534 bln USD defense budget for 2016

U.S. President Barack Obama on Monday proposed a 534-billion-dollar defense budget package for fiscal year 2016, an increase of 38.2 billion dollars over the amount approved by Congress this year, and 11 billion dollars over the spending caps put in place by sequestration.

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Obama proposes 4 trillion USD budget for 2016

​The U.S. President Barack Obama announced a record 4 trillion-U.S.-dollar budget proposal for 2016 on Monday, as he sought to boost spending on infrastructure, education and research to make the country more competitive and strengthen the lackluster middle-class.

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Russia to lose 200 bln USD as economic shocks seep in

​External shocks, including plunging oil prices, would cost the Russian economy 200 billion U.S. dollars, Finance Minister Anton Siluanov said Wednesday, warning that two sovereign wealth funds would be exhausted within the next two years if budget expenditures remain unchanged.

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Japan approves budget 2015, defense spending hits record high

​Japan's Cabinet approved a record 96.34 trillion yen government budget for fiscal 2015 beginning in April to accommodate rising spending for social security and defense.