A proposed law in Kenya aims to establish a new maize board that would be responsible for licensing millers and controlling the maize sector. A Parliamentary Budget Office analysis estimates the rollout of this initiative will cost taxpayers Sh554 million.

The US Navy's program to acquire new Trump-class nuclear battleships is estimated to cost $275 billion, according to a report from the Congressional Budget Office.

The Director General of Nigeria's Budget Office, Tanimu Yakubu, issued a statement clarifying that the public had conflated parliamentary appropriation with government expenditure in the 'fake agency' scandal, asserting that budgetary provisions never advanced beyond the initial stage.

A new study by the Greek Parliament's Budget Office outlines the conditions for maintaining low financing costs for the Greek public, highlighting the importance of primary surpluses for bond resilience.

New data from the State Budget Office in the Hellenic Parliament reveals that 4.25 million individuals owe money to the tax authorities in Greece, with only 6.8% of these private debts currently under regulation, as the country awaits new intervention measures.

A new study by the State Budget Office in the Greek Parliament highlights that vacant homes contribute significantly to the housing crisis and suggests that utilizing these properties could reduce real estate prices by up to 25%.

The Parliamentary Budget Office in Greece has put forward five proposals to address the soaring housing costs, emphasizing the utilization of existing residences.

The budget office has redirected an unusually large sum of $352 million in Secret Service funds towards White House security, amid revelations that a presidential ballroom project will rely more on taxpayer money than initially disclosed.

A Parliamentary Budget Office report indicates that Canada allocated $722 million for healthcare services for asylum seekers in 2024-25, noting that 74,000 'failed claimants' continue to receive benefits.

Canada's new Parliamentary Budget Officer (PBO) is scheduled to release an analysis of the Liberal government's recent fiscal update on Monday. This analysis is expected to scrutinize the government's financial management.

The Parliamentary Budget Office (UPB) has forecasted that the ongoing war could impact GDP by up to 0.4 percentage points in both 2026 and 2027. This assessment highlights the potential economic consequences of the conflict over the coming years.

Annette Ryan, the deputy director of Canada's financial intelligence unit, has been nominated by the Liberal government to serve as the new parliamentary budget officer.

The Congressional Budget Office has warned that Medicare is projected to run out of money 12 years earlier than previously expected, highlighting concerns about the solvency of America's public retirement programs.

Nigeria's Budget Office of the Federation has defended Executive Order 9 (EO9) against critics, asserting that it enforces constitutional revenue rules rather than granting the President undue law-making power.

80% Plunge In Immigration Is Reshaping Labor Market Math, But AI Wildcard Looms: Goldman The Trump administration's crackdown on illegal immigration has resulted in an 80% collapse in net immigration to the USA, and has fundamentally altered the mathematics behind the nation's labor supply to the point where the level of job growth needed to maintain economic stability is now far lower, according to a new Goldman analysis.  After a flood of more than 10.8 million illegal immigrants (official figure) entered the United States under Biden, net immigration - both legal and illegal - has gone from roughly one million people per year in the 2010s to around 500,000 in 2025, with a further drop to just 200,000 projected by Goldman for 2026. This has sharply reduced labor-force growth and lowered the economy's "breakeven" pace of job creation, the bank opines. Here's Goldman vs. Brookings vs. the Congressional Budget Office on net immigration: Now, the US will only need around 50,000 new jobs per month by the end of this year to keep the unemployment rate from rising, down from roughly 70,000 today. At the same time, Goldman says labor demand still looks "shaky" because job growth is narrow and job openings are trending lower - with the main downside risk being a faster, more disruptive AI-driven adjustment that could tamp down hiring or raise job losses beyond current estimates.  Elevated deportations, tighter visa / green-card policies, a pause in immigrant visa processing that affects dozens of countries, and the loss of Temporary Protected Status for some groups, Goldman suggests there is additional downside risk to the workforce. A shakier demand picture Of course, new math on the labor supply doesn't mean the labor market is strong (duh)... In fact, Goldman describes demand as “shaky,” writing that job growth has become increasingly narrow - dominated by healthcare - and that job openings have continued to fall. Openings are now around seven million, below pre-pandemic levels and still declining. Because fewer new workers are entering the economy, hiring no longer needs to run as hot to prevent unemployment from drifting higher. “A small pickup is all that should be needed to sustain job growth at the breakeven pace,” according to the report, arguing that weaker-looking payroll numbers may increasingly mask a labor market that is merely treading water rather than deteriorating. Official data from the Bureau of Labor Statistics show a similar trend, with job openings drifting toward the mid-six-million range late last year. A continued slide in openings, Goldman warns, would increase the risk that unemployment rises more meaningfully, even with slower labor-force growth. There is also a risk that tighter immigration enforcement is pushing more workers into informal or off-the-books employment. If so, official payroll data could understate the true level of labor-market activity, complicating the Federal Reserve’s task of gauging economic momentum. AI looms as the wildcard Goldman sees artificial intelligence (AI) as the largest downside risk to the labor outlook - not because it has already triggered mass layoffs, but because it may restrain hiring at the margin. So far, the firm estimates that AI-related substitution has shaved only 5,000 to 10,000 jobs from monthly growth in the most exposed industries. But a faster or more disruptive deployment could weigh more heavily on demand. ...the main reason that we worry about downside risk to our baseline forecast that the labor market will stabilize going forward is the possibility of a faster and more disruptive deployment of artificial intelligence (AI). While plenty of recent anecdotes point to a potentially faster rate of adoption and corresponding job losses, it is hard to know how these will translate to macroeconomic outcomes. -Goldman The bank shows that job growth has slowed and turned slightly negative in several subindustries where AI is most ready to deploy, while company-level anecdotes indicate that AI is already reducing the need for workers. The impact, while visible, remains 'moderate' so far.  For now, the bank expects the unemployment rate to drift only modestly higher, toward 4.5%, while Goldman chief economist Jan Hatzius said in a separate note (available to Pro subs) that the probability of a recession next year is "moderate" at 20%. The labor market, in the firm’s words, is taking “early steps toward stabilization.” The paradox is that stability may increasingly look like weakness. As immigration slows and the workforce grows more slowly, payroll gains that once signaled trouble may soon be enough to keep the labor market steady - at least on paper. h/t Capital.news Tyler Durden Wed, 02/18/2026 - 19:40

An opinion piece argues that Labour's objective to establish a Parliamentary Budget Office, though potentially challenging, is the correct decision for New Zealand, drawing parallels to Australia's experience.

A new Congressional Budget Office report details the US Navy's ambitious proposed Trump-class battleship program, projecting an estimated cost of $275 billion over nearly three decades for fifteen vessels.

The Budget Office confirmed to the House of Representatives that no money was spent on the controversial PEAC and PFIPC, despite a N1.3 billion allocation, as conditions for spending were unmet.

The Greek Parliament's Budget Office has warned that the calm in the Greek bond market is not guaranteed, citing the need for primary surpluses, public debt reduction, and growth-enhancing reforms.

Greece's State Budget Office has lowered its growth forecast, citing the war in the Persian Gulf as a contributing factor. The office also put forward proposals concerning housing policy.

A study by the Parliamentary Budget Office in Greece suggests that vacant homes are a primary cause of the country's housing crisis, with prices increasing by up to 96%. The study argues that bringing these homes back to the market is key to solving the issue.

Members of Pakistan's federal and provincial assemblies have reiterated the need for an independent parliamentary office to provide unbiased analysis of the annual budget.

The Parliamentary Budget Office (UPB) has raised an alarm, stating that tax compliance among Italy's self-employed individuals is among the lowest in Europe, despite efforts to combat tax evasion through digital tools.

The Director-General of Nigeria's Budget Office has defended President Tinubu’s foreign engagements, describing it as contradictory for critics to oppose economic reforms while demanding immediate foreign investment.

Canada's new parliamentary budget officer, Annette Ryan, has reportedly scrutinized and challenged the economic claims made by Carney, suggesting the Liberals' figures are not accurate.

Canada's new parliamentary budget officer has stated that the government's recent spring economic update is deficient in providing specific details regarding spending targets and expected results.

Tanimu Yakubu, Director-General of Nigeria's Budget Office, stated that the country is not experiencing an economic collapse but is undergoing a challenging yet necessary reset to rectify long-standing structural distortions.

Canada's parliamentary budget officer (PBO) is once again embroiled in partisan conflict, raising questions about whether Members of Parliament should be responsible for selecting their own watchdog.

Sources indicate that the Canadian government is expected to nominate a senior official from FinTRAC, Canada's financial intelligence agency, as the next Parliamentary Budget Officer.

In an updated demographic projection,Canada’s Parliamentary Budget Officer anticipated that the number of non-permanent residents, in decline since later 2024, “will continue to fall sharply”

Emma Ujah, Abuja Bureau Chief The Director-General (D-G) of the Budget Office of the Federation (BoF), Mr. Tanimu Yakubu, has described as “constitutional,” the recent Executive Order (EO9) by President Bola Tinubu, for direct payment of oil and gas revenues into the Federation Account. In a statement he personally issued in Abuja, on Monday, Mr. […] The post Oil & Gas revenue Executive Order constitutional, says D-G Budget appeared first on Vanguard News.

The cost of the US Navy's nuclear ships, dubbed 'Trump's battleships,' is reportedly skyrocketing, with the Congressional Budget Office estimating the construction of 15 such vessels at $275 billion, significantly more than initial projections.

Nigeria's Budget Office of the Federation rejected N3.8 billion in personnel costs submitted by a fraudulent agency, successfully preventing unlawful expenditure and safeguarding the nation's finances.

The Director-General of Nigeria's Budget Office of the Federation, Tanimu Yakubu, stated that despite budgetary provisions, no funds were released to the Presidential Foreign Investment Promotion Council (PFIPC) regarding a controversial N1.32 billion allocation.

You may never have heard of the Parliamentary Budget Office (PBO) but its findings are powerful.

The State Budget Office of the Greek Parliament projects positive prospects for the Greek economy, contingent on a smooth de-escalation of the crisis in the Middle East.

Argentina's LLA government has intervened in the Congressional Budget Office, an organism that previously contradicted the government's position, now requiring ruling party approval for its reports.

The Sandiganbayan has rejected an appeal from a bedridden former budget officer in Surigao del Norte, who was convicted of graft, for 'home medical care,' advising her to apply for executive clemency instead.

A non-partisan Congressional Budget Office forecast indicates that 'Trump's Golden Dome' ballistic missile defense system could cost $1.2 trillion over 20 years, significantly exceeding the Pentagon's initial $185 billion estimate.

…Threatens Legal Action; BoF Defends DelayBy Emma Ujah, Abuja Bureau ChiefABUJA – The Centre for Social Justice (CSJ) has called on the Director-General of the Budget Office of the Federation (BoF),…

The head of the Congressional Budget Office (CBO) stated that proposed changes to US tariffs could potentially raise the national deficit by $1.1 trillion over the next decade.

The Greek Parliament's Budget Office has revised downwards its predictions for the Greek economy's growth trajectory and anticipates higher inflation in 2026.

The Congressional Budget Office (CBO) reported that the U.S. government borrowed $50 billion per week over the past five months, raising concerns about the sustainability of the national debt.

During his short tenure as Canada's interim parliamentary budget officer, Jason Jacques endured accusations of partisanship, criticism over his message delivery and, in the end, praise for representing an institution now ranked first among its international equals.

Canada's parliamentary budget officer predicts zero population growth in 2026, primarily attributed to reductions in non-permanent resident admissions under the latest federal Immigration Levels Plan.

The latest report from the Congressional Budget Office (CBO) projects that the U.S. budget deficit will increase by a trillion dollars over the next decade, underscoring America's persistent debt problem.