austerity

Chinese financial firms are undertaking a significant austerity drive as the government seeks to address income inequality and combat corruption within the sector, Reuters reported. With China's economy facing a slowdown and public…

Years of austerity left the UK hugely unprepared for the coronavirus pandemic, according to a report.The TUC said funding cuts left health and social care "dangerously understaffed" and reduced its capacity to respond to the…

Finance Minister Ishaq Dar chairs a meeting of the monitoring committee in Islamabad on March 13, 2023. — PIDThe monitoring committee to oversee the implementation of austerity measures has expressed serious concerns over the use of…

PM Shehbaz Sharif (centre) addresses a press conference in Islamabad, on February 23, 2023. — PID In a major development, Prime Minister Shehbaz Sharif has unveiled austerity measures finalised during a federal cabinet meeting to…

https://www.youtube.com/watch?v=q130lTDaua0 Prime Minister Shehbaz Sharif on Wednesday unveiled austerity measures finalised during a federal cabinet meeting as the country reels with the economic challenges as…

Issued on: 17/11/2022 - 00:00 Britain is set Thursday to unveil hefty tax rises and spending cuts at the risk of worsening a cost-of-living crisis for millions in the…

London CNN Business  —  The last time a British finance minister revealed tax and spending plans, markets went haywire and the country’s prime minister ultimately lost her job.…

UK Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt want to cut public spending growth from 2025. The duo will meet today to discuss slashing it by around £25bn/year. Meanwhile, county councils want to cut libraries…