France plans spending cuts, tax hikes to ease budget deficit
France is set to implement approximately €60 billion ($66.4 billion) in spending cuts and tax hikes in 2025 as…
Browsing Tag
budget deficit
Russia projects budget deficit of 0.5% of GDP for ’25
The Russian government's draft federal budget for 2025 and the 2026-2027 planning period anticipates a budget…
Italy’s public debt to start declining in 2027 – Treasury confirms
Italy’s public debt will start falling as a proportion of GDP from 2027, according to the Treasury's latest…
France’s budget situation ‘very serious’ – PM
France's Prime Minister Michel Barnier has expressed concern over the country’s budgetary situation amid ongoing…
Kenya projects 3.5% budget deficit in FY ’25
Kenya's finance ministry projected a decline in the country's budget deficit to 3.5 per cent of GDP in the upcoming…
Russia’s budget deficit hits 1.36T roubles by July ’24
Russia's federal budget deficit for January to July 2024 reached 1.36 trillion roubles ($15.75 billion), according…
France moves forward with budget process – Le Maire
France’s caretaker government is moving forward with preparations to present budget bills for parliamentary…
France’s growth may support budget deficit reduction – Le Maire
France’s economic growth, surpassing expectations, is a potential boost for reducing the country’s budget deficit,…
Modi allocates $23.9b for job creation, education boost
India's Prime Minister Narendra Modi has allocated two trillion rupees ($23.9 billion) to boost job creation and…
France’s budget deficit gap with EU is unacceptable – audit court
France’s state auditor, Cour des Comptes, raised concerns over the country’s budget deficit compared to other…
