The biggest news regarding the economy, GDP growth rate was 7.8% in the third quarter
India's economy showed remarkable resilience with a GDP growth rate of 7.8% in the third quarter, exceeding estimates amidst global uncertainties.
Manitoba budget set to be revealed on March 24 as province deals with growing deficit
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.
Budget 2027: France Will Have to Make an Effort of 40 Billion Euros to Meet Its Commitments
France needs to find an additional 40 billion euros to meet its fiscal commitments to the European Union by 2027.
Debt brake documents reveal: here are Finland's targets
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.
The Budget Council warns that new European rules will allow Fico's government high deficits without consolidation
Slovakia may meet European budgetary rules even with a deficit of 6% in an election year, raising concerns over fiscal responsibility under new rules.
Mozambique: Lectures From the IMF, but No New Loan
The IMF has reported that Mozambique's government is experiencing worsening financing conditions and will not receive new loans amid rising debt issues.
61 Bills to be Submitted: National Intelligence Bureau, Special Deficit Bonds... Prime Minister Takaichi Shows Enthusiasm for Imperial Household Law
Japan's government plans to submit 61 bills aimed at strengthening intelligence functions and modifying laws related to fiscal policies and the Imperial Household.
Yle reports: The debt brake working group is close to an agreement, requiring at least seven billion in adjustments
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’s projected $1.3-billion deficit is highest in province’s history
New Brunswick is facing its highest projected deficit in history at $1.33 billion, according to a fiscal update from Finance Minister René Legacy.
The Social Security Reform is a matter of fiscal and justice
Brazil's social security system faces significant financial challenges, prompting discussions for new reforms to address the rising deficit.
On economic legacies
Minister Fernando Haddad attributes the fiscal deficits of President Lula's third term to the previous Bolsonaro administration's policies.
Dentsu Group posts a deficit of 327.6 billion yen for the fiscal year ending December 2025 due to poor overseas operations
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.
Pemex, the fiscal burden that hinders Mexico: Moody's
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.
Significant Deficit for Two Consecutive Years: Nissan Management States 'Within Expectations' and Looming Risks of Shrinkage Balance
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.
Camera giant Nikon announces president change; expects 85 billion yen loss for fiscal year ending March 2026
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.
US deficit expected to exceed $1.85 trillion in 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.
Yogi Government Presents Its 10th Budget in UP Assembly
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.
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.
Renesas reports first loss in six years due to partner's bankruptcy and decline in automotive sales
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.
The challenge of recovering lost fiscal space
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.
Fiscal Crisis
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.
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.
The government relies on European rules, which allow for a 5-percent deficit, economist Šuster says
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.
When meeting the fiscal target is useless
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.
Stanjura 'missed' by only nine billion. Economists correct the words of the minister
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.