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Australia's budget surplus is welcome but fleeting

Location:

AUSTRALIA

Chalmers is already investing much of the surplus in cost-of-living relief for households struggling with high prices and rising interest rates, as well as funding for community…

Kenya finance bill reflects fiscal consolidation drive

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KENYA

President William Ruto wants to use this bill to increase government revenue to help manage the difficult fiscal situation. However, the bill’s critics warn it may aggravate an…

The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

Canada's economy likely to be central electoral issue

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CANADA

The statement projects substantially higher deficits than previously forecast, together with slower reductions in debt. In terms of expenditure, the items on the Liberal…

US states will struggle to manage declining revenue

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UNITED STATES

With DeSantis challenging Donald Trump for the Republican presidential nomination, his ‘Framework for Freedom’ budget contains several measures boosting his campaign. A slowdown…

Romanian fiscal and external deficits will remain wide

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ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Fiscal risks worsen debt outlook in Argentina

Location:

ARGENTINA

The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…

Ending Obamacare push will carry costs for Republicans

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UNITED STATES

The latest Republican effort to retrench Obamacare federal outlays and protections, the Graham-Cassidy bill, stalled in the Senate due to insufficient signs of support, with the…

Erratic policies will increase Turkish economic risks

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TURKEY

The falling lira coincides with signs of policy disagreements and rumours of Deputy Prime Minister Mehmet Simsek's resignation. President Recep Tayyip Erdogan and his Justice and…

Investment will be key for continuing Polish growth

Location:

POLAND

The second phase of the government's reform agenda.