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OSLO - Norway's Finance Ministry is reviewing whether to further loosen investment restrictions to allow the 609 billion kroner ($84 billion) Government Petroleum Fund to invest in private equity, real [...]

Two percent pay raise included in 2004 budget proposal As expected, the Bush administration Monday proposed a 2 percent across-the-board pay raise for federal employees in 2004. Military employees will [...]

Higher than expected increases in public sector borrowing, announced by chancellor Gordon Brown in the pre-Budget report (PBR), could lead to higher annuity rates for retirees. Canada Life retirement income [...]

OMB to rate 20 percent of all federal programs in next budget The Bush administration will use performance analyses to help make spending decisions for one fifth of all federal [...]

Prescribing budgets for all health authorities in England will be 7.2 per cent overspent on average, according to the Department of Health. The overspend runs into hundreds of millions of [...]

NASA has eliminated funding for the X-38 prototype International Space Station crew return vehicle (CRV) from its 2003 budget request as it studies requirements for a more-capable crew transportation vehicle. [...]

Bush aide: No cuts in propopsal President Bush's health policy adviser said he was unaware of any Medicare provider payment cuts in the White House budget proposal for 2003. ``I [...]

The Congressional Budget Office has released new estimates that may create obstacles to President George Bush's energy legislation. Financial Times reported that an advance copy of the estimates reveals that [...]

.... The House of Representatives will start overhauling federal farm and food programs despite concerns that the shrinking budget surplus means little money for the legislation. The proposed farm bill [...]

Gov. Gray Davis signed the $101 billion state budget bill, which increased education spending by $2.5 billion and includes $4.3 billion in tax relief. Added education spending -- to the [...]

Calling it a 'people's budget' that makes education and caring for the elderly and abused a priority, state lawmakers this week approved a two-year, $14.5 billion budget. General-fund spending over [...]

* Lebanon The budget deficit narrowed to 25.4 per cent of expenditure in the first two months, down from 48.5 per cent in the corresponding period of 2000, the Finance [...]

The cabinet has given its approval to a draft of the federal budget for 2001 with a projected deficit of about AED 2,238 million ($609.8 million). This is 8.3 per [...]

America's current-account deficit widened to $115.3 billion, a record, for the last quarter of 2000. Its trade deficit grew to $455.2 billion in the year to January. On March 21st, [...]

Consensual model restricts policy reforms Economic policy in Luxembourg is conducted in a consensus-oriented environment, and labour market policies in particular are based on tripartite co-operation and consensus between employers, [...]

The dollar rose as America's election wrangle drew to an end. Japan's current-account surplus narrowed to just over $7 billion in October; its 12-month surplus fell to $118.7 billion. Germany's [...]

Between 1900 and 2000, the cost of federal, state, and local government increased from 11 percent of Gross National Product (GNP) to 50 percent. During the 1930s, spending by governments [...]

The euro sank to a record low of Yen101 on March 7th. The yen's trade- weighted value rose by 1.1%. Australia's current-account deficit widened to $22.3 billion last year, up [...]

General government gross financial liabilities As a percentage of nomical GDP 1983 1984 1985 1986 1987 1988 United States 46.9 48.6 53.5 56.9 58.3 59.0 Japan [b] 61.7 62.6 64.2 [...]

General government net financial liabilities As a percentage of nominal GDP 1983 1984 1985 1986 1987 1988 United States 32.0 33.3 36.4 39.8 41.7 42.8 Japan [b] 26.0 27.0 26.5 [...]

Current account balances Billions US dollars 1982 1983 1984 1985 1986 1987 1988 United States -6.2 -39.2 -94.8 -119.1 -149.2 -162.7 -123.1 Japan 6.8 20.8 35.0 50.2 84.5 84.3 79.2 [...]

General government structural balances Surplus (+) or deficit (-) as a percentage of potential GDP 1983 1984 1985 1986 1987 1988 United States -4.4 -4.6 -5.0 -5.2 -4.3 -4.0 Japan [...]

General government primary balances Surplus (+) or deficit (-) as a percentage of nominal GDP 1983 1984 1985 1986 1987 1988 1989 United States -2.8 -1.6 -1.8 -2.0 -1.0 -0.3 [...]

General government financial balances Surplus (+) or deficit (-) as a percentage of nominal GDP 1983 1984 1985 1986 1987 1988 United States -5.6 -4.7 -5.0 -5.3 -4.3 -3.6 Japan [...]

Wis. Governor Signs $41 Billion Budget CHICAGO -- Nearly four months after the beginning of a new fiscal biennial, Wisconsin Gov. Tommy Thompson signed a new state budget into law [...]

scollender@njdc.com (mailto:scollender@njdc.com) The budget buzz in Washington last week was about the higher surpluses reported by the Office of Management and Budget and the Congressional Budget Office in their midsession [...]

According to the recent survey, the fiscal situation is under control. The CBR collected about Rs. 230 billion during the first ten months of the current year which is 74% [...]

WASHINGTON -- May-27 -- (CongressDaily) The White House is projecting the budget surplus this year likely will exceed $100 billion, smashing last year's record $70 billion, OMB Director Lew said [...]