budget deficit

France Targets the Wealthy with New Tax Hikes to Tackle Deficit

In a bid to save €60 billion in 2025, the French government has unveiled a draft budget plan targeting wealthy…

3 days ago

U.S. Treasury to Borrow $776 Billion in Q4

The U.S. Treasury Department is set to borrow a hefty $776 billion in the final quarter of 2023, a figure…

1 year ago

Japan to lend $414 million to Myanmar for huge infrastructure project and corporate financing

A deal has been agreed between the governments of Japan and Myanmar to sign off on ¥42.78 billion (US$414 million)…

4 years ago

US budget deficit hit a record high in June of $864 billion

Governments need to keep track of their spending just like we all do. If they spend more than they earn,…

4 years ago

VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately…

5 years ago

UK government to borrow over £200 billion to fight Covid-19 – but who do they borrow from?

In the last three months, governments around the world have been spending huge sums of money on packages to reduce…

5 years ago

At what cost should the UK balance its budget?

All eyes are on the UK’s new chancellor, Rishi Sunak, who will soon be announcing the government’s budget for the…

5 years ago

Economic growth slowing down in the Philippines

At a modest 5.9%, Economic growth in the Philippines for 2019 was the slowest recorded growth in 8 years. Whilst…

5 years ago