Keywords: Government spending


Russia’s economy grows 1.3% in the second quarter amid stronger spending

Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......

Tucker Carlson warns of deepening debt pressures in the United States

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......

Bulgaria approves 2026 budget with wider deficit as government targets economic growth

Bulgaria's parliament has approved the country's long-awaited 2026 budget, setting out plans for a larger fiscal deficit as the government seeks to support economic growth following months of political uncertainty. The budget projects the deficit to reach 5.7% of gross domestic product (GDP)......

French lawmaker warns budget deficit could reach 7% by 2030 without spending reforms

French budget rapporteur Philippe Juvin has warned that France's public deficit could climb to 7% of gross domestic product by 2030 unless the government adopts deeper spending reforms, arguing that fiscal consolidation should rely on expenditure cuts rather than higher taxes. His comments come......

Israel’s next government urged to curb rising debt and rethink spending priorities

Israel’s next government will need to take urgent steps to contain the country’s growing debt burden and rebalance public spending, Bank of Israel Governor Amir Yaron said on Wednesday. Speaking ahead of the country’s upcoming general election, Yaron warned that continued growth in......

Unemployment insurance agency urges French government to halt further withdrawals from jobless fund

France’s unemployment insurance agency has called on the government to refrain from making any additional withdrawals from the country’s unemployment insurance fund, warning that such measures could undermine efforts to reduce debt and maintain financial stability. The appeal comes as updated......

Canada’s budget deficit reaches C$31.21 billion in first ten months of 2025/26

Canada recorded a budget deficit of C$31.21 billion ($22.53 billion) over the first ten months of the 2025/26 fiscal year, as government spending grew faster than revenue, the finance ministry reported on Friday. This compares to a deficit of C$26.85 billion during the same period last year. Program......

Türkiye posts $4.9 billion budget deficit in January

Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......

Spain allocates €39 million to enhance mental health services amid rising sick leave

The Spanish government has taken a significant step toward addressing mental health concerns by approving €39 million in funding to improve treatment availability in public hospitals. This initiative comes in response to alarming data indicating a 175 percent surge in mental health-related sick......