Primary Surplus News Today

ISLAMABAD: Newly sworn-in Minister for Finance Mohammad Aurangzeb on Monday said that the current fiscal year of 2024 would be a difficult financial year, adding that now there was no time for mere...

Pakistan to request IMF to send its mission to Islamabad for talks and release of last tranche worth $1.1bn

Most of my first eight waking hours today were spent in Committee RoomM514 within the South African Parliamentary precinct in Cape Town.

Brazil's government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) in extra revenue, according to the 2024 budget bill sent to Congress on Thursday. The proposal forecast that the central government - comprising the Treasury, central bank, and social security - would end next year with a primary surplus of 2.8 billion reais ($565.7 million), adhering to the official goal of a zero deficit. The figure would i...

Egypt's government debt-to-GDP ratio is expected to reach 97 percent at the end of June 2023, according to Minister of Finance Mohamed Maait

COLOMBO, July 14 (Xinhua) -- Sri Lanka State Minister of Finance Ranjith Siyambalapitiya said on Friday that the country has recorded a primary surplus of 53 bi

KARACHI: Based on initial analysis, the Federal Budget FY24 announced by the Finance Minister Ishaq Dar on Friday is...

The topic of coordination between monetary and fiscal policy has become the focus of policy discussion in recent years (Draghi 2014, Lagarde 2020, Schnabel 2021). One reason is that there is limited space for traditional monetary policy based on steering the short-term interest rate when the latter is at (or close to) the effective lower bound (ELB). Many recent papers have advocated mechanisms to implement a coherent a monetary-fiscal policy mix (see, for example, the policy report by Barsch e...