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Keywords: Fiscal policy
American economists Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel Memorial Prize in Economic Sciences for their contributions to the microeconomic foundations of macroeconomic stabilisation. Announced by the Royal Swedish Academy of Sciences on Monday, October 12, the award recognises......
Zambia has reached a preliminary agreement with the International Monetary Fund (IMF) on a $1.47 billion financing programme designed to support the country's balance of payments, help finance the national budget and strengthen economic stability. The proposed arrangement would run for 36 months......
Finland’s Finance Ministry has proposed a series of measures aimed at strengthening economic growth and putting the country’s rising public debt on a more sustainable path, including a possible increase in the retirement age and changes to childcare support. The proposals are included in......
Morocco’s 2027 finance bill is emerging as the first major economic test for the country’s new political configuration. With the draft budget required to reach Parliament by October 20, the incoming government faces a narrow window to translate the election campaign’s promises into......
The euro fell to its weakest level in 17 months on Monday as growing concerns over France’s public finances and political stability weighed on investor sentiment and increased fears of broader pressure across eurozone markets. The single currency dropped more than 0.8% to $1.1161 in Asian trading,......
Russia’s public debt is projected to remain below 25% of gross domestic product through 2029 under the government’s draft three-year budget, according to the fiscal plans submitted to the State Duma. The figures point to a gradual increase in the debt ratio as Moscow plans to maintain high......
Morocco is entering a new phase of investment-led development, with major spending commitments in infrastructure, industry and public facilities reshaping the country's economic priorities. The challenge for policymakers is increasingly twofold: maintaining the pace of investment while keeping public......
US President Donald Trump’s proposal to provide a $5,000 payment to every adult American could add more than $1 trillion to the country’s budget deficit and public debt if implemented, according to economist Rob Mellin of the University of South Florida. Mellin, an associate professor in......
The International Monetary Fund has come under renewed criticism over the fiscal conditions attached to its lending programs, with Oxfam arguing that austerity requirements have become more demanding over the past decade and could place additional pressure on vulnerable communities. In a report and......