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France faces spending cuts amid rising debt

Location:

FRANCE

The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…

Militarisation will cause rising distortions in Russia

Location:

RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

Saudi Arabia can sustain high spending in medium term

Location:

SAUDI ARABIA

The 2015 budget statement from the Ministry of Finance provides a glimpse into the government's fiscal policy response to the fall. Saudi Arabia opted not to try to stem the slide…

Canada uses rising revenues for targeted spending

Location:

CANADA

The government of Prime Minister Justin Trudeau has previously emphasised spending but, amid high inflation and consequent high interest rates, Freeland stressed the need for…

Spending more on East European defence will be tough

Location:

EASTERN EUROPE

Russia’s war in neighbouring Ukraine has prompted EU member-states, and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia) in particular, to rethink their own…

Conservative 2018 Indonesia budget faces bottlenecks

Location:

INDONESIA

The government’s SME plans are part of the 2018 national budget, which President Joko Widodo presented to the legislature on August 16.

Poor infrastructure will weigh on South African growth

Location:

SOUTH AFRICA

South African infrastructure.

Guyana budget largesse will bring risks and rewards

Location:

GUYANA

This spending will be funded through oil royalties and also through rising economic growth as a result of the growing oil industry. The government of President Irfaan Ali is…

US consumption may start to pick up

Location:

UNITED STATES

One of the conundrums of the US economy that will influence the Federal Reserve's timing of an interest rate rise (currently projected for September) is where the savings from low…

Australia will seek foreign infrastructure money

Location:

AUSTRALIA

Tax cuts were announced earlier this month for foreign investment in infrastructure, including transport, energy, water and communication. The move follows concerns that spending…