Budget Code News Today

The Federal Ministry of Arts, Culture and Creative Economy has debunked what it described as a misleading report about its 2024 budget, saying the total appropriation for the ministry in 2024 was N6,686,720,656.00.

By Harry Awurumibe, Editor, Abuja Bureau The Federal Ministry of Arts, Culture and Creative Economy has clarified that it has not breached its budget regarding Solar Power Provision. Prompt News reports that the ministry's media office in a statement on Thursday expressed regrets over "inaccuracies and misrepresentations regarding our 2024 budget. In the interest of transparency

The bill, initiated by Member of Parliament (MP) from different factions, proposes that during the period of martial law, all state budget expenditures aimed at state financial support for political parties should be allocated in full for defense needs, the press service of the Holos faction has said.

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

Uma Ramakrishnan is the Deputy Director of the European Department of the International Monetary Fund (IMF) and oversees several countries, including Ukraine. Previously, she was Deputy Director of the Strategy, Policy, and Analysis Department, where she led non-concessional lending policy work, including the establishment of the IMF's new Resilience and Sustainability Trust (RST).

What will it be spent on?

Ukraine will have to enact two essential laws to meet International Monetary Fund requirements for the second review of its Extended Fund Facility (EFF) program with Ukraine, the head of the IMF mission to Ukraine, Gavin Gray, said on Oct. 4.

The International Monetary Fund (IMF) currently focuses on the second review of the Extended Fund Facility program with Ukraine, which requires the adoption of laws on financial monitoring of politically exposed persons (PEP) and the resumption of tax audits, said IMF Mission Chief for Ukraine Gavin Gray.

The Ministry of Finance proposes to direct 100% of the proceeds from personal income tax on military salaries to defense needs through a special fund of the state budget in 2024 Yaroslav Zhelezniak, First Deputy Head of the Rada Committee on Finance, Taxation and Customs Policy (the Holos party) said.

How does Ukraine fulfill its commitments to the IMF, and what are the risks of delaying the promised reforms? — Ukrinform.