2026 Budget

Mayor Brandon Johnson criticized the City Council-backed 2026 budget, claiming it could lead to a $130 million shortfall this year due to failed revenue strategies like debt sales and advertising. The council, which rejected Johnson's proposed corporate head tax, accused him of delaying implementation to shift blame. The budget, which legalized video gambling in bars and included debt sales and augmented reality licensing, faces implementation challenges.

Bolivia Congress passed President Paz’s reworked 2026 budget, aiming to reduce the fiscal deficit to nine percent of output. The plan includes waiving import duties and value-added tax for five years.

North Carolina teachers will receive an 8% average raise under the 2026 budget, with bonuses for experience. Teachers with over 16 years of experience get $1,000, while those with less get $500. Unions like AFPENC criticize the budget for insufficient retention support and plan to hold politicians accountable in November elections.

Chicago’s City Council remains divided on allowing video gambling machines six months after their legalization in the 2026 budget, despite some businesses receiving state-issued licenses. Bars and businesses are awaiting a resolution as the debate continues.

BudgIT has described Nigeria's 2026 budget as ambitious but unviable, citing a projected fiscal deficit of N31.5 trillion (6.4% of GDP) due to revenue of N36.9 trillion and expenditure of N68.3 trillion.

Zambia's Cabinet has approved a revised 2026 budget to address rising fuel costs and stabilize the economy. Finance Minister Alexander Chikwanda aims to restore confidence amid challenges like currency depreciation, high borrowing costs, and slowing growth. The budget revision follows a 2015 photo of fueling activity in Lusaka.