Cutting the public deficit to 7% of GDP this year is out of question, there is no way to achieve this – Romania's prime minister Ilie Bolojan said in a press conference on July 11, adding that his ...

We study the effects of debt-financed fiscal transfers in a general equilibrium, heterogeneous-agent model of the world economy. In the long run, increases in government debt anywhere raise the world ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

Elon Musk announced Saturday that he has officially launched a new political party in the United States, called the America ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The Office for Budget Responsibility and other forecasters are divided over how strong UK growth will be. Who's right will ...

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...

Among the most expensive pieces of legislation in years, the Republican bill could reshape the country’s finances for a ...

India’s cumulative fiscal deficit at 0.8% of the full-year target is the lowest level since the Centre began publishing monthly fiscal data in April 1997.

India’s April–May fiscal deficit stood at ₹13,163 crore or 0.8% of the FY26 target, aided by a sharp jump in non-tax revenue driven by the RBI’s record dividend payout.

India's fiscal deficit for the first two months of this fiscal year stood at 13,163 crore rupees, or 0.8% of annual estimates, data showed today. The fiscal deficit narrowed from 3.1% reported in the ...

India's fiscal deficit in April-May stood at only 0.8% of fiscal year 2026 target as the record dividend of Rs 2.69 lakh crore transferred by the Reserve Bank of India last month has bolstered the ...