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Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Thailand's new government will use its controversial digital handout plan to spend its way out of what it calls an economic "crisis" without making any major cutbacks or hitting its credit ratings, a senior government advisor said. Prime Minister Srettha Thavisin's signature 500 billion baht ($13.87 billion) stimulus policy has faced criticism over fears it could stoke inflation and adversely impact the fiscal position of Southeast Asia's second-largest economy. But Prommin Lertsuridej, Srettha's chief of staff, said the package was essential to fire up a sluggi...

OTTAWA (Reuters) -The Bank of Canada on Monday said higher interest rates and low growth will impact the federal government's budget spending and although the country's fiscal position is sustainable, expenditure should be contained to protect social programs. "Lower growth and higher interest rates will certainly impact on the government's budget," Governor Tiff Macklem told lawmakers in the House of Commons.

A ministry report points out that revenues from both direct and indirect taxes have displayed continuous growth, reflecting the resilience of the underlying economic activity and a broadening tax base , , india, fiscal position, global growth, finance ministry

The U.S. stock market showed considerable gains in 2023, but according to billionaire hedge fund manager Paul Tudor Jones, it's not going to be all sunshine and rainbows. "It's a really challenging time to want to be an equity investor in U.S. stocks right now," he said in a recent interview with CNBC. According to Jones, who runs Tudor Investment Corp., this is "the most threatening and challenging geopolitical environment" he has ever seen. At the same time, he believes that America is "probab