The federal government is right to spend more to help the economy grow — as long as it doesn’t pile up too much debt.
4 min read31 Aug 2024Brazil President Luiz Inacio Lula da Silva is set to release a budget plan for next year that is likely to displease both financial markets and his leftist political allies.
3 min read31 Aug 2024The interim FY25 Budget is anticipated to demonstrate improved fiscal balances as well as capex, especially with the upcoming elections, said Phillip Capital, but it does not see scope for massive pre-poll stimulus considering fiscal targets that the government wants to achieve by FY26.
2 min read20 Jan 2024The central government’s fiscal deficit during the first five months of FY24 year stood at ₹6.43 trillion, or 36% of the annual estimate of ₹17.87 trillion, according to data released by the Controller General of Accounts
2 min read1 Oct 2023The Reserve Bank of India’s Monetary Policy Committee is expected to hold the policy repo rate at 6.5% in its second bimonthly meeting for fiscal 2023-24, according to brokerage Nuvama Institutional Equities.
2 min read6 Jun 2023The World Bank in its flagship report ’Pakistan Development Update’ warned Pakistan regarding serious dangers to its economic and debt viability while predicting almost flat economic growth
3 min read7 Apr 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared