Report obtained by IL reveals: There may be an adjustment need of up to 15 billion euros ahead
A report suggests Finland may face a greater fiscal adjustment need than expected, potentially reaching 15 billion euros due to various economic factors.
Haddad proposes modernization of social spending and reignites debate on minimum income
Brazil's Finance Minister Fernando Haddad called for a structural reform of federal social spending, including Bolsa FamÃlia, amid pressures for fiscal adjustment.
Health Insurance Corporation Chairman: 'Concerns over Health Insurance Deficit ... Strengthening Oversight on Over-treatment'
The National Health Insurance Corporation in South Korea plans to strengthen oversight on over-treatment in medical institutions to reduce financial deficits, as the chairman warns of impending fiscal depletion without adjustment to increasing medical practices.
Deficit falls in 2025; it is the largest fiscal adjustment in decades: Amador
Hacienda Secretary Edgar Amador announced a significant reduction in the fiscal deficit by 1.5 percentage points of GDP in 2025, marking the largest fiscal effort in decades.
Presumed Profit and Fiscal Adjustment: The Conceptual Distortion as a Revenue Strategy
The recent sanctioning of Complementary Law No. 224 shifts the focus from fiscal adjustment towards the presumed profit regime, avoiding direct debate on income tax rates and their progressivity, significantly impacting a specific segment of the productive sector.
Riikka Purra: Finland Has No Room for Tax Increases
Finnish Finance Minister Riikka Purra stated that there is little room for tax increases in Finland due to high overall tax rates and sluggish economic growth, emphasizing the need for a long-term fiscal adjustment program that should have started by 2011.