COGNICURRENT

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 Congressional Budget Office (CBO) has raised alarms about the rising national debt and its implications for future deficits and interest payments in the United States.

Japan's new cabinet under Prime Minister Takaichi is set to focus on bold and strategic crisis management investments across various sectors, raising concerns about their long-term effectiveness and responsibility.

The article critiques the Swedish Minister of Finance, Elisabeth Svantesson, for departing from traditional fiscal responsibility in favor of extensive financial investments on credit.

Michoacán has passed a constitutional reform that prevents state governments from contracting debt beyond their six-year term, aiming to put an end to decades of public debt burdens on the population.

A new analysis suggests that a proposed nursing care reform in Germany could lead to an additional financial burden of €300 billion on future generations, potentially igniting further generational conflicts over fiscal responsibility.

The article discusses the arguments against the introduction of Eurobonds in the context of the European Monetary Union, advocating for maintaining fiscal responsibility among member states.

Brazil's Congress has approved a proposal to reduce tax rates for certain industries, raising concerns about fiscal responsibility amidst electoral maneuvering.

The article discusses upcoming pension cuts in Finland due to financial difficulties, highlighting the need for ongoing commitment to fiscal responsibility.

The Independent Authority for Fiscal Responsibility (Airef) reports that the Minimum Vital Income (IMV) only benefits 20% of households in poverty, suggesting that it could help up to 50% if bureaucratic obstacles are removed.

Katsina State Governor Dikko Radda has launched a workshop focused on the Public-Private Partnership framework for the Executive Council to promote sustainable development and fiscal responsibility.

The Independent Authority for Fiscal Responsibility (AIReF) has called for increased oversight of Social Security regarding the rise in medical leave among workers, linking longer absences to healthcare wait times.

The Independent Authority for Fiscal Responsibility (AIReF) reports that regulations since 2018 under Pedro Sánchez's government, along with collective agreements and overloaded waiting lists, have led to a nearly 60% rise in medical leave cases since 2017.

The Ministry of National Economy reports timely payments and effective spending of its €1 billion budget for 2025, showcasing fiscal responsibility and benefits for public finances.

The article discusses the serious issue of the country's enormous public debt, which costs 70 billion euros annually in interest alone, stressing the need for political dialogue about fiscal responsibility.