Keywords: Fiscal policy
Canadian public finances show significant improvement at the start of the 2026-2027 fiscal year. The deficit recorded between April and June stood at 370 million Canadian dollars, down from 6.28 billion a year earlier, driven by a strong increase in tax revenues. A deficit nearly seventeen times smaller The......
The United States is facing growing pressure to address its rapidly increasing national debt, which has exceeded $40 trillion, raising concerns that lawmakers could eventually be forced to adopt politically difficult measures to stabilize the country’s finances. The warning comes as the federal......
Germany could face pressure on its top-tier AAA credit rating if its economic performance continues to fall short of expectations, according to warnings attributed to S&P Global Ratings. The rating agency indicated that a prolonged deterioration in Germany’s economic indicators could eventually......
In light of soaring profits among oil companies amid the ongoing war in the Middle East and increasing pressure on purchasing power, six member states of the European Union are seeking to open the debate on a windfall tax. Germany, Italy, Austria, Poland, Portugal, and Spain are requesting that the issue......
Elon Musk has described the prospect of US public debt reaching $50 trillion as a serious warning for the American economy, endorsing a social media post that predicted severe consequences if government borrowing continues to rise. The SpaceX chief responded on X to a post featuring a chart projecting......
Uganda is set to resume discussions with the International Monetary Fund (IMF) over a new financial support programme, as the East African country seeks to strengthen its economic outlook and secure a new framework for cooperation with the international lender. Sebastian Walker, the IMF's resident......
The International Monetary Fund is preparing to send a team to Uganda in September for renewed discussions on a potential financial support programme, as the East African economy seeks to strengthen its public finances while preparing for a major shift linked to the expected start of crude oil production. The......
American media personality Tucker Carlson has raised concerns about the financial situation of the United States, arguing that the country's growing debt burden reflects a deeper structural problem in the national economy. In comments reported by Russian media, Carlson described the United States......
Vietnamese authorities are preparing a tax relief package aimed at small businesses, individual entrepreneurs and household enterprises as part of broader efforts to stimulate private-sector activity and sustain economic growth. Under the proposed measure, taxes would be reduced by 30% during 2026 and......
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