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Keywords: Budget deficit
Italy’s government intends to maintain a cautious approach to public finances while preparing for potential economic turbulence, Economy Minister Giancarlo Giorgetti said in Rome on Tuesday. His remarks came as the government presented its public finance planning document to the Chamber of Deputies,......
The US federal budget deficit reached approximately $2 trillion during the first 11 months of fiscal year 2026, according to figures released by the Congressional Budget Office, highlighting the continued pressure on the country’s public finances despite stronger government revenues. The deficit......
Russian President Vladimir Putin has defended the country’s fiscal position, saying Russia continues to have one of the lowest public debt levels globally despite the presence of a budget deficit. Speaking during the plenary session of the Eastern Economic Forum in Vladivostok, Putin acknowledged......
Ukraine’s public debt reached an estimated 105.7% of the country’s gross domestic product by the end of July, highlighting the growing financial pressure facing Kyiv as it continues to rely heavily on external financing. According to figures cited from Ukraine’s State Statistics Service,......
Morocco’s budget deficit improved during the first seven months of 2026, falling by 5.5 billion dirhams compared with the same period a year earlier, according to figures released by the General Treasury of the Kingdom (TGR). By the end of July, the deficit stood at 48 billion dirhams, down from......
American media personality Tucker Carlson has raised concerns about the financial situation of the United States, arguing that the country's growing debt burden reflects a deeper structural problem in the national economy. In comments reported by Russian media, Carlson described the United States......
The Italian government is set to introduce a new package of measures aimed at limiting the impact of soaring fuel prices, as rising energy costs place increasing pressure on households, businesses and the country's public finances. The proposals, expected to be approved by the cabinet in Rome, come......
Morocco recorded a significant improvement in its public finances during the first half of 2026, with the national budget deficit shrinking by more than one-fifth compared with the same period last year. The latest Treasury Revenue and Expenditure Report released by the Ministry of Economy and Finance......
Kenya expects its budget deficit to decline significantly in the 2027/28 fiscal year, as the government projects improved fiscal management and stronger economic performance, according to a senior official from the Finance Ministry. Chris Kiptoo, Principal Secretary at the Finance Ministry, said the......