COGNICURRENT

The Central Bank of Brazil has reduced its interest rate from 15% to 14.75% in response to geopolitical uncertainties and fiscal pressures stemming from the Middle Eastern conflict.

Spain's deficit for 2025 has been reported at 2.5% of GDP, as announced by Finance Minister María Jesús Montero, who highlighted compliance with EU commitments without budget cuts.

New Brunswick's Liberal government, led by Premier Susan Holt, is set to announce a budget that may include significant cuts to services due to a projected $1.3 billion deficit for the 2025-26 fiscal year.

The financial deficit of Apulian health authorities has reached 370 million euros, as discussions continue between regional and national officials to address the fiscal shortfall.

Centrists and the Democratic Party of Japan have jointly submitted a bill to limit the issuance of deficit bonds to just one year for the fiscal year 2026.

Senegal plans to eliminate 19 public agencies in an effort to save 83.8 million euros amidst a significant budget deficit.

The article discusses the limitations and misconceptions surrounding the VAT gap in Poland and its impact on the state budget.

Poland's state budget deficit for 2025 was significantly lower than anticipated due to lower-than-expected revenue collection, raising concerns about future public finances.

India's economy showed remarkable resilience with a GDP growth rate of 7.8% in the third quarter, exceeding estimates amidst global uncertainties.

Manitoba's NDP government plans to announce its budget on March 24, facing challenges related to health care, cost of living, and a significant fiscal deficit.

France needs to find an additional 40 billion euros to meet its fiscal commitments to the European Union by 2027.

A parliamentary working group in Finland proposes a public sector deficit target of 2-2.5% of GDP by 2031, requiring significant fiscal adjustments amidst uncertainty.

Slovakia may meet European budgetary rules even with a deficit of 6% in an election year, raising concerns over fiscal responsibility under new rules.

The IMF has reported that Mozambique's government is experiencing worsening financing conditions and will not receive new loans amid rising debt issues.

Japan's government plans to submit 61 bills aimed at strengthening intelligence functions and modifying laws related to fiscal policies and the Imperial Household.

A parliamentary working group in Finland is nearing a consensus on necessary fiscal adjustments to address the country's budget deficit, targeting a deficit of 2-2.5% by 2031.

New Brunswick is facing its highest projected deficit in history at $1.33 billion, according to a fiscal update from Finance Minister René Legacy.

Brazil's social security system faces significant financial challenges, prompting discussions for new reforms to address the rising deficit.

Minister Fernando Haddad attributes the fiscal deficits of President Lula's third term to the previous Bolsonaro administration's policies.

Dentsu Group reported a record deficit of 327.6 billion yen for the fiscal year ending December 2025, primarily driven by losses from its international business.

According to a Moody's report, the financial rescue of Pemex has become the main obstacle for Mexico's fiscal consolidation, affecting the deficit and public debt.

Nissan Motor Co. faces a significant net loss of 650 billion yen for the fiscal year ending March 2026, marking its second consecutive year of losses, as management indicates this was expected while also acknowledging the risks of a continued decline in vehicle sales.

Nikon has announced a leadership change as it struggles with financial losses, forecasting an 85 billion yen deficit for the fiscal year ending March 2026.

The US Congressional Budget Office projects the budget deficit to rise to $1.853 trillion by 2026, reflecting the financial impact of economic policies under President Donald Trump amidst weak economic growth.

The Yogi Adityanath government presented its tenth budget in the Uttar Pradesh Assembly, focusing on increasing per capita income and maintaining a fiscal deficit limit of three percent until 2030-31.

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.

Renesas Electronics has reported a net loss of 51.7 billion yen for the fiscal year ending December 2025, marking its first deficit in six years primarily due to declining automotive sales and losses from a partner's bankruptcy.

In 2025, Mexico undertook significant fiscal consolidation, reducing the public finance deficit from 5.8% to 4.8% of GDP, according to the Secretary of Finance, Edgar Amador.

Despite a slightly better than expected GDP report, the public finance data for 2025 reveals a critical situation with a public deficit reaching -4.8% of GDP, yet celebrations are occurring.

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.

Economist Šuster argues that while the Slovak government's priority is to adhere to European fiscal rules, these rules permit a budget deficit of up to 5 percent.

The Brazilian National Treasury reported a fiscal deficit despite accounting for a surplus in revenues over expenditures, raising concerns about the real financial state under the Lula administration.

Finance Minister Alena Schillerová announced a budget deficit of 290.7 billion crowns, which exceeded the original plan by nearly fifty billion, but some experts challenged her statements, suggesting a different reality for the upcoming fiscal year.