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budget - Latest news GMK Center

Photo – The European Commission has proposed a new EU budget for 2028-2034
The European Commission has proposed a new EU budget for 2028-2034

The draft plan allocates €100 billion for Ukraine

Photo – The German government has approved a draft budget with a high level of borrowing
The German government has approved a draft budget with a high level of borrowing

The priorities of the budget are investment, structural reforms, and consolidation

Photo – India plans $129.4 billion in capital expenditure in FY2025/2026 budget
India plans $129.4 billion in capital expenditure in FY2025/2026 budget

Government officials did not propose any significant changes to the structure of import duties on various types of steel products

Photo – Growth of the tax burden on industry: potential results of draft law No. 11416 adoption
Growth of the tax burden on industry: potential results of draft law No. 11416 adoption

Amendments are still being made to the draft law, which may further increase the tax burden on the economy

Photo – Budget Declaration 2025-2027: what changes in tax policy are waiting for us
Budget Declaration 2025-2027: what changes in tax policy are waiting for us

The Cabinet of Ministers has already started implementing tax changes that have a negative impact on business

Photo – India will increase infrastructure spending by 11% y/y in FY2024/2025
India will increase infrastructure spending by 11% y/y in FY2024/2025

The country's steelmakers predict an increase in domestic demand for steel

Photo – Germany will cut the costs of the climate and transformation fund by €12 billion in 2024
Germany will cut the costs of the climate and transformation fund by €12 billion in 2024

On December 13, the country's government agreed on the budget for the next year

Photo – Germany’s Climate and Transformation Fund received a deficit of €60 billion
Germany’s Climate and Transformation Fund received a deficit of €60 billion

The court found unconstitutional the redistribution of this amount from unused funds for the fight against the coronavirus