ROME (Reuters) -Italy will cut its budget deficit to 3% of national output this year, the government said on Thursday, respecting the European Union's ceiling for the first time since 2019, before the ...

July 30 (UPI) --Chile's projected fiscal deficit for 2025 has risen from to 1.8% from 1.6% of gross domestic product, according to recent statements by the economic team in President Gabriel Boric's ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided.

NEW YORK - FEBRUARY 19: The National Debt Clock is seen February 19, 2004 in New York City. According to a Treasury Department report, the U.S. governments national debt, the accumulation of past ...

A combination of higher deficits, higher interest rates, and lower growth has left the United States with a significantly worse fiscal outlook.

India's fiscal prudence contrasts with global profligacy, positioning it favorably amid rising debt levels in major economies.

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures. Global public debt is high, and rising. It ...

As the Union Budget 2026 for the financial year 2026–27 is set to be presented in Parliament on Sunday, 1st February 2026 at 11 AM, focus is on how the government plans to manage its spending and ...

New Delhi | The upcoming Budget is going to put emphasis on easing the debt-to-GDP ratio, which is around 56 per cent, instead of targetting a specific fiscal deficit number as the country has almost ...