United States President Donald Trump called on Thursday for balancing the US budget in a social media post in Truth Social.In his post, the president called for action while stressing the positive income from tariffs recently approved. Trump has long advocated for tariffs to boost domestic...
Data from the Office for National Statistics showed Tuesday that the UK borrowing deficit soared more than expected in March and for the entire year.According to the report, the budget deficit totaled £120.7 billion in the 12 months to March, down from £128.3 billion on a yearly basis. For March,...
Israel's Finance Ministry revealed on Thursday in a statement that the country's budget deficit for 2023 stood at 4.2% of gross domestic product (GDP), with the uptick in the figure caused by the financing of war against Hamas. In 2022, the country registered a budget surplus of 0.6%.
In December...
The United States Bureau of Fiscal Service said in its Monthly Treasury Statement on Friday that the country's budget deficit was equal to $429.7 billion in September.
Total monthly receipts in the United States amounted to $488 billion, with $228 billion coming from individual income taxes and $127...
The United States Bureau of Fiscal Service announced on Thursday in its Monthly Treasury Statement that the country's budget deficit was equal to $216.6 billion in February 2022.
Total monthly receipts in the United States amounted to $289.8 billion, with $149 billion coming from individual...
The United States' budget surplus came in at $118.7 billion in January, beating market expectations significantly, the country's Bureau of Fiscal Service stated in its Monthly Treasury Statement published on Thursday. It is the first time the nation has recorded a monthly budget surplus since September...
The United States Bureau of Fiscal Service said in its Monthly Treasury Statement on Wednesday that the country's budget deficit amounted to $21.3 billion in December.
Total receipts for the country were $486.7 billion with the majority of them coming from individual income taxes followed by...
Singapore announced its budget proposal for the 2020/2021 on Tuesday. Finance Minister Heng Swee Keat proposed two special packages worth a total $5.6 billion Singaporean dollars ($4 billion) in order to help the economy and support workers and households. Those packages are meant also to help...
Net borrowing of the public sector was lowered by £0.5 billion to £6.4 billion on an annual scale last month but it came in £6.4 billion stronger, at £31.2 billion, in the first five months of the financial year from the same period in 2018, the United Kingdom's Office for National Statistics said on Tuesday....
Spending grows faster than the economy and the budget may become unsustainable "at some point," Federal Reserve Chairman Jerome Powell said on Wednesday and estimated the point of no return could be reached "way out in the future... in principle." Speaking in the United States Congress, the...
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