Austerity measures will not affect approved development projects - Mustapa
The austerity measures announced by the government will not affect development projects that have been approved, said Minister in the Prime Minister's Department (Economy), Datuk Seri Mustapa Mohamed.
Thu Jul 21 2022
No development projects cancelled in Perak amid austerity drive - MB
Saarani it was because these projects involved the state govt and which had already started and continuing these projects was not a problem.
Wed Jul 20 2022
Austerity drive: Gov't to defer, cancel new projects - Mustapa
The government is taking measures to save public expenditure by postponing or not continuing any project that has yet to commence.
Sun Jul 17 2022
The 12th Malaysia Plan and new ways of raising funding sources
A premature fiscal consolidation, therefore, is tantamount to placing the economy under a form of quasi-austerity.
Sat Oct 02 2021
Saudi needs Aramco billions as recession slows austerity drive
Last December, Riyadh released a plan to abolish the deficit by 2020, cutting it from $79 billion or 12.3 percent of gross domestic product in 2016 via several steps.
Fri Oct 20 2017
Saudi Arabia restores civil service and military allowances
The decree cancelled those orders, saying they had come as a response to the sharp drop in the price of oil, the main source of state revenues.
Sun Apr 23 2017
Spain's anti-austerity Podemos seeks to stamp out divisions
Spain's anti-austerity Podemos party sought on Sunday to draw a line under a recent internal conflict that has marred its image following its meteoric rise, as supporters voted to back Pablo Iglesias.
Sun Feb 12 2017
Brazil Senate approves 20-year spending freeze
The upper house voted 53 to 16 to lock in the spending ceiling.
Wed Dec 14 2016
Petronas says can't meet dividend commitments, needs more austerity
Petronas says it cannot meet dividend commitments due to the low crude oil prices that have strained the national oil company's financial performance.
Fri Aug 14 2015
Australian stocks up 0.57% after Greece approves reforms
Australian stocks rose 0.57 percent at the open Thursday after the Greek parliament backed austerity measures.
Thu Jul 16 2015
How Greece became the worst economy in Europe
Greece may be facing more austerity for the next three years, its economy has fallen into even more of a hole now that its banks have closed and it's stuck with a currency that's too expensive for it.
Tue Jul 14 2015
Deadline day for 'last chance' Greece bailout plan
Other Eurozone nations, led by Germany, are sceptical about Greece meeting austerity conditions attached to the loans, especially after Greeks in a referendum last weekend
Thu Jul 09 2015
Greek 'No' wins referendum with over 61% of votes: near-complete results
More than 61 percent of Greek voters on Sunday rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum, official results from over 95 percent of polling stations.
Sun Jul 05 2015
Greece votes on financial future, government - and maybe euro
Greek voters headed to the polls to vote in a historic, tightly fought referendum on whether to accept worsening austerity in exchange for more bailout funds that could see it crash out of the euro.
Sun Jul 05 2015
Greece's bailout referendum: who, why, where?
Nearly 10 million Greek voters will take to the ballot booths Sunday to vote 'Yes' or 'No' in a referendum asking if they accept more austerity measures in return for bailout funds.
Sat Jul 04 2015
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024