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Article Related To budget deficit

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What is Trump doing - and not doing - to tackle the US debt?

What is Trump doing - and not doing - to tackle the US debt?

The US has run budget deficits every year since 2001, spending more than it collects and steadily increasing its debt.
Sat Feb 15 2025
Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship

Budget 2023: Tax incentives for ACE, LEAP listings to catalyse entrepreneurship

The Budget 2023 commits to fiscal consolidation with further reduction in budget deficit to GDP ratio to 5% this year and to 3.2% by 2025.
Fri Feb 24 2023
Selangor tables RM2.34 bil Budget for 2022

Selangor tables RM2.34 bil Budget for 2022

Amirudin said there would be a budget deficit of RM222.71 million based on the state's projected revenue of RM2.1 billion.
Fri Nov 26 2021
Raising debt ceiling enables government to finance Budget deficit in medium term - Tengku Zafrul

Raising debt ceiling enables government to finance Budget deficit in medium term - Tengku Zafrul

The government has asserted the importance of increasing the debt ceiling to 65 per cent of GDP to have a wiggle room to finance the government's budget deficit in the medium term.
Sat Oct 30 2021
Most countries face financial problems, fiscal deficits - Mustapa

Most countries face financial problems, fiscal deficits - Mustapa

Most countries, including Malaysia, are facing financial problems and a large budget deficit due to the COVID-19 pandemic.
Sun Apr 18 2021
Singapore expected to run budget deficit next year, PM says

Singapore expected to run budget deficit next year, PM says

Singapore is expected to run a budget deficit next year and may not be able to balance its books for a while.
Tue Nov 17 2020
Australia expected to reveal biggest budget deficit since WW2 due to coronavirus

Australia expected to reveal biggest budget deficit since WW2 due to coronavirus

Australia is expected to report its biggest budget deficit since World War Two on Thursday when Canberra reveals the full economic damage caused by the coronavirus pandemic.
Thu Jul 23 2020
Italy to approve some 10 billion euros in anti-coronavirus measures - minister

Italy to approve some 10 billion euros in anti-coronavirus measures - minister

Measures would likely cause the budget deficit to rise to just under 3% of national output this year.
Tue Mar 10 2020
Saudi to shelve, reform billions of dollars of unfinished projects - sources

Saudi to shelve, reform billions of dollars of unfinished projects - sources

Riyadh's Bureau of Capital and Operational Spending Rationalization, set up last year to make the government more efficient, is compiling a list of projects that are under 25 percent complete.
Mon Apr 17 2017
Saudi posts record deficit, cuts fuel subsidies

Saudi posts record deficit, cuts fuel subsidies

Riyadh also projected a shortfall of $87 billion in next year's budget, the first since King Salman took over the country in January.
Tue Dec 29 2015
Putin's surprising new ruble problem threatens Russian coffers

Putin's surprising new ruble problem threatens Russian coffers

In order to reach macroeconomic stability, Russia needs to limit its budget deficit and a weaker ruble is an easy way to do that.
Fri Apr 10 2015
Oil plunge to cost GCC exporters $300 billion: IMF

Oil plunge to cost GCC exporters $300 billion: IMF

The plunge in the oil price is threatening to send many countries into budget deficits.
Wed Jan 21 2015
Drop in oil revenue has minimal impact on govt finances, says Wahid Omar

Drop in oil revenue has minimal impact on govt finances, says Wahid Omar

One of the sustainability elements in government finances was to reduce its reliance on oil and gas revenues.
Wed Nov 26 2014
Malaysias deficit will rise to RM59 billion, predicts Anwar

Malaysias deficit will rise to RM59 billion, predicts Anwar

Opposition leader Datuk Seri Anwar Ibrahim told the Dewan Rakyat today that the Malaysia's 2014 budget deficit will likely balloon beyond the Finance Minister Datuk Seri Najib Razak's projections.
Mon Oct 28 2013
Nokia vows to pursue India tax fight

Nokia vows to pursue India tax fight

Nokia is the latest multinational to be embroiled in a tax row with Indian authorities, who are chasing alleged tax delinquents to reduce a hefty budget deficit.
Sat Jun 01 2013
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025