Browsing Tag
deficit
It’s official: Canada ran a $90.2 billion deficit last year
Breadcrumb Trail Links News Canadian Politics Canada Yes it's lower than expected, but it's still one of the largest peacetime deficits in Canadian history The Canadian Taxpayers Federation's national Debt…
Biden Continues To Tout The Budget Deficit Reduction. His Polices Have Nothing To Do With It
The White House has repeatedly pushed that the Biden administration’s policies have resulted in a “historic deficit reduction,” doing a victory lap before the midterms and framing their economic messaging on the seeming historic…
$40b earmarked for new borrowing as deficit cut in half
Shadow treasurer Angus Taylor said the government should use the budget to bring spending under control but defended the Coalition’s time in power by saying it had to spend money to protect households during the COVID-19 pandemic.“They have…
Economic growth to slow as warnings mount over size of budget deficit
The savings are the first to be identified by the government’s audit of spending, headed by Finance Minister Katy Gallagher, with more programs to be sliced in coming months.Shadow treasurer Angus Taylor said if Chalmers and the government…
Soaring tax revenue, spending plunge spark record drop in budget deficit
But the deficit wasn’t as small as the $1 trillion that White House officials had forecast in August, primarily because of higher spending on education that reflected President Joe Biden’s student debt-forgiveness program, which the…
U.S. budget deficit cut in half for biggest decrease ever amid Covid spending declines
U.S. Treasury Secretary Janet Yellen listens to a reporter's question at a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. Elizabeth Frantz | ReutersThe…
India has sufficient foreign reserves & deficit to remain sustainable, as per Fitch Ratings
Mumbai: India has adequate foreign exchange reserves and its current account deficit is likely to remain at sustainable levels, limiting any risk to the country’s sovereign rating from external pressures, Fitch Ratings said on Wednesday.…
‘Current account deficit, looming global food shortage’: Why Modi govt hiked MSP for…
New Delhi: The Union Cabinet’s decision Tuesday to increase the Minimum Support Price (MSP) for a range of Rabi crops is likely aimed at slowing the rapid growth in India’s Current Account Deficit (CAD) by incentivising domestic producers,…