Canada’s Senate passes Prime Minister Justin Trudeau’s budget with no changes. Bill C-19 includes a two-year ban on foreign home buyers and the power to confiscate assets seized from Russia. Budget spending remains expansive, though less so than in the previous two years. Canadian Senate on Thursday passed Prime Minister Justin Trudeau’s budget plan, taking … Read more
The PM is expected to say he wants to extend the right to buy to people who rent from housing associations. It comes after four in ten of his MPs voted against him in a confidence vote triggered by Partygate. Boris Johnson is trying to repair relations with Tory MPs who revolted against him. Boris … Read more
Boris Johnson is considering bringing Margaret Thatcher’s right-to-buy scheme back to life by allowing people to buy the homes they rent from housing associations at a reduced price. Officials in the No 10 policy unit are working on the idea, which is intended to help “generation rent” and demonstrate the government’s commitment to Conservative principles … Read more
WASHINGTON: The uncertainty created by Russia’s invasion of Ukraine and its impact on the global economy is piling more complexity onto the US central bank’s already tough fight to contain rising prices. Soaring energy and food costs have pushed inflation in the world’s largest economy to the highest pace in four decades, and the Federal … Read more
KARACHI: The headline inflation for December 2021 is likely to rise up to 12.3 per cent, despite soft food prices, analysts said on Tuesday. The analysts at Insight Securities said that despite soft food prices, the inflation based on the Consumer Price Index (CPI) for December 2021 will arrive at 12.3 per cent on a … Read more
RIYADH: Saudi Arabia and Egypt have signed an agreement to increase cooperation in the areas of housing and urban development. The Ministry of Municipal and Rural Affairs and Housing and its Egyptian counterpart signed an agreement to develop an executive programme, SPA reported. The agreement sets out a detailed programme for exchanging expertise between the … Read more
The government has presented the budget for the fiscal year 2020-21 today (Jun 12) and assigned Rs1.324 trillion for the Public Sector Development Programme. Following are the pointers of distributions under the Public Sector Development Programme (PSDP) for various divisions and ministries for the FY 2020-2021: The total expenses of the PSDP for this fiscal … Read more
