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
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
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, 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 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 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
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
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
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
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
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
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
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 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
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024