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Exclusive-Russia doubles 2023 defence spending plan as war costs soar-document

Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed by Reuters showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances. The figures shed light on Russia's spending on the conflict at a time when sector-specific budget expenditure data is no longer published. They show that in the first half of 2023 alone, Russia spent 12%, or 600 billion roubles, more on defence than the 4.98 trillion roubles ($54 billion) it had originally targeted for 2023. ....

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Tackling Sloth

A simple solution to control time and cost overruns would be to condense the timeline of all Government projects to one year. Typically, each Government Department has scores of projects running simultaneously. Budget allocations are made in a way that some projects hibernate while others are speeded-up. If a time period of one year is uniformly allocated for all Government projects, starting from 1 April, cost and time overruns could be easily monitored ....

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Norwich Public Schools funding: Balancing budget needs for education

Weekly columnist shares his thoughts on the proposed school budget ....

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No proposal to bring back MANF, Pre-Matric Scholarship Scheme; Modi govt defends decision in Lok Sabha

The government had earlier restricted Pre-Matric Scholarships for Class 9 and 10 students attributing it to not following the guidelines for Right To Education which guarantees free and quality education to all children till Class 8. ....

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Vinh Phuc's economy expands 9% in nine months | Business | Vietnam+ (VietnamPlus)

The northern province of Vinh Phuc recorded an economic growth of nearly 9% in the first nine months of this year, higher than the national average. ....

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