Local News
Sri Lanka Parliament Resumes: Tax Amendment Bill and Economic Review Top Agenda.
May 19, 2026 at 2:25 AM
Parliament resumes its sessions from May 19 to 22, prioritizing the Inland Revenue (Amendment) Bill and the Central Bank's 2025 Economic Review, alongside debates on import-export controls.
United States
Unprecedented $1.5 Trillion Military Budget Request Sparks Debate Over Transparency and Defense Strategy.
April 26, 2026 at 8:09 AM
The Trump administration has proposed a record-breaking $1.5 trillion military budget, marking a 42% increase in spending despite persistent failures in Pentagon audits. The funding covers advanced missile defense, naval expansion, and space capabilities.
Economy
Kenya Adjusts Fiscal Strategy: Lower Tax Targets and Increased Borrowing Plans.
April 20, 2026 at 10:18 AM
Kenya has revised its fiscal outlook for the current year, reducing its tax collection targets while significantly increasing its domestic borrowing plans to bridge the funding gap.

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