David Brassington’s Post

We have updated our blogpost on the EU Budget 2024 taking into consideration the revised long-term budget #MFF and Amending Budget 1/2024: https://lnkd.in/efvEewxa European Parliamentary Research Service #eubudget

The EU Cohesion Policy is poised to change: merging the exisitng funds into a single 'country plan' and introducing conditionality clauses to ensurure countries undertake pre-agreed reforms, ultimately making regions dependednt on their government's apetite for reforms. #cohesion #refom #EUregions

Yesterday i followed the #hearing of Piotr Serafin, the Polish Commissioner-designate for #Budget, Anti-fraud and Public Administration (spoiler: he was approved by the MEPs, now pending approval of the entire college of Commissioners) It was one of the most insightful hearings I've listened to so far (my view: he was actually clearer on Housing than Jørgensen in his three hours hearing on the topic). His mission will be key: working closely under the supervision of Commission President, as he highlighted, he will be in charge of coordinating the elaboration and negotiation of the next EU multi-annual financial framework #MFF. Here are some of my key takeaways from a totally biased "#CohesionPolicy fan" point of view: 💶 The budget discussion should start from the priorities, and only after we've agreed on what to finance, will the discussion on how to finance take place. And on the priorities he started by mentioning (in this order!): competitiveness, cohesion, digitalisation, agriculture and the green transition. While acknowledging that security and defence are new priorities that must be reflected in the budget. 👨💼 Flexibility and Simplification: a budget that is adaptable to crises and challenges, he emphasised simplification for beneficiaries and highlighted that rising error rates in budget expenditure often stem from procedural complexity, not from fraud. 🔗 He confirmed the idea of linking investments and reforms within a single national plan. But insisted on the involvement of regions in elaboration of these plans. 🏙️ Cohesion Policy (or rather a come back to "Regional policy") was often mentioned by both Commissioner designate and MEPs. He stressed that #regions should play a central role in planning and implementing policy to boost economic development effectively. They are the one who know best the needs and how to implement funds most efficiently. Now looking forward the hearing of Vice-President and Commissioner designate for Cohesion and Reform next Tuesday, check the Council of European Municipalities and Regions (CEMR) press release in view of this hearing 👇  https://lnkd.in/eQfkZP-N

The UK Government’s Autumn Budget means a direct decrease in the amount of money the Government will be spending to help those most in need across the world, including older people. The Treasury and the FCDO must take immediate steps to ensure that most of the Official Development Assistance (ODA) is spent in low and middle-income countries and not in the UK by other Government Departments. Age International expects the new Government to strengthen its ambitions to tackle global poverty, the climate crisis, and humanitarian crises across the globe, but the lack of a firm plan for returning to spending 0.7% of Gross National Income (GNI) on ODA further weakens the Government’s place on the global stage. Age International also expects the Government to fully embrace the realities of the multigenerational world we live in and to put the rights and needs of older people at the heart of its approach to international development. We hope next year’s spending review will bring better news for older people locally, nationally and internationally. While this budget limits the amount of money available to achieve this, we know that much more can be done within existing resources. We hope that every effort will be made to ensure the UK fulfills the pledge it made under the Sustainable Development Goals to ‘Leave No-One Behind.’ #Budget2024

In the Union Budget for FY 2024-25, only 38.6% of the allocated funds are aimed at targeted schemes for SCs and STs, while 16.8% are considered obsolete. What is causing the ineffective allocation of these funds? Why are our resources being redirected? #UnionBudget2024 #DABA2024

Today, the government released #ONBudget2024. Read Highlights of the 2024 Ontario Budget: Building a Better Ontario to learn how it supports families, workers and communities as Ontario retains its path to balance: ontario.ca/budget

Ethiopia’s Cabinet Approves Record 2024/2025 Budget of One Trillion Birr Ethiopia’s cabinet has approved a 25% increase in the national budget for 2024/2025, raising it to approximately one trillion birr ($17.51 billion), according to the Prime Minister’s office. The new budget, which covers the fiscal year from July 8 to July 7, awaits parliamentary approval. If approved, it will be the largest budget in Ethiopia’s history as the government looks to fund development projects and support economic growth. The budget will be allocated for regular expenses for the federal government, for capital expenditure, support to regions, and support for the implementation of sustainable development goals. https://lnkd.in/e3ZQQAAB

All the government budget plan are allocated for expenditure plans. There are no major budget for subsidy or investment plans. Year in year out no proper fiscal plan has been in place to regenerate that money that is circulating within our economy. We are not even exporting enough to help flourish our foreign reserves to alleviate the forex issues we are facing. Our government is spending to maintain basic services and not investing into impactful projects that can bring back revenue to the country. Only handful are benefiting while majority are left out on many occasions of the projects causing richer to get richer and poorers to get poorer.

Last week I analyzed the Federal Budget 2024: A Fair Future for Indigenous Peoples! In Canada's journey of reconciliation with Indigenous Peoples, the government's prioritization of the needs of First Nations, Inuit, and Métis communities, demonstrates the importance for self-determination and rights recognition. Initiatives such as the Inuit-Crown Partnership Committee, Métis Permanent Bilateral Mechanism, and Assembly of First Nations Permanent Bilateral Mechanism have strengthened partnerships. Additionally, the United Nations Declaration on the Rights of Indigenous Peoples Act was passed, accompanied by a five-year Action Plan co-developed with Indigenous partners. I dive deeper into this topic and key highlights of the 2024 Federal Budget regarding Indigenous populations in Canada. To check out my full article on Capital Hill Group's website, follow the link below! https://lnkd.in/eZyZbQXG #FederalBudget #IndigenousPeoples #Reconciliation #Canada #IndigenousRights

On April 16, Deputy Prime Minister and Finance Minister Chrystia Freeland delivered the 2024 Federal Budget. The budget focused on three themes: Solving the Housing Crisis, Fairness for Younger Generations, and Economic Growth and Productivity. Learn more about some of the highlights relevant to OMSSA Members and the human services sectors: https://ow.ly/Yu7N50RikJo