Japan is set to approve a roughly 112 trillion yen ($789 billion) draft budget for fiscal 2024, marking the first decline in spending in 12 years as COVID-related funding was curbed, but faces challenges maintaining fiscal discipline amid record outlays on defense and social security.
Japan's nominal gross domestic product will top 600 trillion yen ($4.2 trillion) in fiscal 2024 for the first time, a target set by the government about a decade ago, a Cabinet Office estimate shows, expecting income growth to outpace inflation.
The Canadian province of Manitoba has elected the first First Nations premier of a province in Canada. Manitobans elected an NDP government led by Wab Kinew, who was raised as a young boy on the Onigaming First Nation in northwestern Ontario, later moving with his family to Winnipeg.
Amaravati: The Comptroller and Auditor General of India (CAG) has made some shocking revelations on the development of capital city Amaravati in Andhra Pradesh in its report which was released on Monday, September 25.