It is not possible to directly compare the state budgets of 2023 and 2024 due to differences in how military spending is structured, said Deputy Head of the National Bank of Ukraine (NBU), Serhiy Nikolaychuk, in a Jan. 12 interview with the Interfax-Ukraine news agency.
The interest payment and debt servicing expenditure has been 12 percent of states’ total revenue spends in FY23, marginally down from 13 percent in FY22.
Income, sales, property and gas taxes: Almost every U.S. state cut at least one such broad-based tax as budget surpluses soared over the past three years. One way or another, whether red or blue, all states save Alaska and Nevada joined in. "Next year will likely be a return to normal for state budgets," said Brian Sigritz, director of state fiscal studies for the National Association of State Budget Officers.
Welfare spending was a big campaign point in the latest state elections. State budgets for 2023-24 indicate that will be the case in the run-up to the 2024 national election as well
India News: RBI’s latest report on state budgets shows BJP-governed states increased subsidies just as much as other states. What does BJP actually think about su