German Bundestag Approves 2024 Budget

Germany's Bundestag approved a 477-billion-euro budget, with 39 billion euros in new borrowing, to reinstate the debt brake and comply with the constitutionally enshrined rule. The budget included a higher ticket tax on passenger flights, changes to social benefits, and an agricultural subsidy cut. The budget crisis has revived debate about the "debt brake." In the Kentucky House of Representatives, lawmakers passed two bills that make up the state's next two-year budget, including education fund increases and additional funding for major infrastructure projects. Jordan's Lower House endorsed the 2024 state budget bill, which projects estimated public revenues of JD10.3 billion and capital expenses of JD1.7 billion.