Page 71 - Fiscal News Today

DOF bares 6-year plan for fiscal stability, economic development

Korea eyes belt-tightening policy to improve fiscal health

Domestic inflation has risen faster than expected by either the government or Bank Indonesia (BI), setting a new record since June 2017 as food and transportation prices soar.

A budget is passed and Michigan is funded through 2023. Here's what in the newly passed spending plan.

Uniindia: Patna, June 30 (UNI) Bihar recorded a Fiscal Deficit of Rs 29,827 crore during 2020-21, which had increased by Rs 15,103 crore over the previous year.

A strong end to the 2021-22 fiscal year moves Alberta forward with continued economic growth, lower debt and increased savings.

KUALA LUMPUR: The total amount of subsidies is expected to reach near RM80bil this year, which is the largest amount in history, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Optimistic outlook: Public debt to slide to 45pc of GDP in 2022, down from 63pc of GDP in 2021, says IMF in latest observationA new report by the International Monetary Fund (IMF)...

Asian developing countries are faced with a severe debt situation. The current debt-to-GDP ratio of the developing countries in Asia is much higher than the international redline for developing countries of 60 percent. According to the International Monetary Fund, the general government debt-to-GDP ratio of emerging and developing economies in Asia was 71.8 percent in 2021, a level which is second only to that of Latin America and the Caribbean.

  Exports to the US increased to USD 76.11 billion in 2021-22 from USD 51.62 billion in the previous...