9 million Mozambicans live below the poverty line – what’s wrong with the national budget and how to fix it
Mozambique ranks in the bottom 20 of the human development index. This measures a country’s progress based on key dimensions such as a long and healthy life and a decent standard of living. Nearly two-thirds of Mozambicans – 18.9 million people – live below the national poverty line of US$0.70-a-day.
Analysis-Poland leads NATO on defence spend - but can it afford it?
WARSAW (Reuters) - Poland's NATO-leading surge in defence spending is raising budget concerns because it will bake in higher long-term expenditure on its military – even as Warsaw concedes it faces revenue shortfalls in its budget this year.
German tax revenue rose by 5.3% in August
BERLIN (Reuters) - Germany's federal and state governments' tax revenue rose 5.3% in August compared with the same month last year, the finance ministry said on Friday. The federal and state governments' tax revenue reached a total of 61.9 billion euros ($68.9 billion) last month, according to the ministry's monthly report.