The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

The likely aim of China’s fiscal push is to bolster the confidence of households, according to Mr Zook. The more of their ...

With growth lagging and inflation unpredictable, the upcoming FY2026 Union Budget must support fiscal stability while ...

The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...

Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.

Association of Telecommunications Companies of Nigeria (ATCON) has called on the Federal Government to address infrastructural deficit, economic constraints and systemic challenges of broadband ...

"We will meet it," he said, when asked whether the deficit target would be met. The government has received the right to increase overall federal budget spending in 2024 by up to 1.5 trillion rubles ...

Moldova's 2024 budget was approved with a deficit of 15.8 billion lei or 4.6% of GDP, based on an economic growth forecast of 3.5%. The Moldovan authorities later revised the GDP growth estimate for ...

In fact, the U.S. trade deficit sat at US$41 billion in 2023, according to figures from the U.S. Bureau of Economic Analysis. On the global stage, countries export some goods and services while ...

Governments use deficit financing, borrowing or printing money, to cover budget shortfalls and stimulate economic growth. While crucial for development, particularly in countries like India, it ...

the deficit forecast over 2025-26 will grow from $42.8bn to $46.9bn, or 1.6 per cent of Australia’s GDP, according to figures released in the Mid-Year Economic Fiscal Outlook (MYEFO).