The Bank of France remains confident in its year-end economic growth forecast, despite ongoing budget uncertainties. Officials highlight the economy’s impressive resilience amid fiscal challenges and share a cautiously optimistic vision for recovery
Browsing: Government Budget
The UK Budget 2025 reveals bold new tax measures aimed at sparking economic growth, with key updates to corporation tax, personal allowances, and digital services taxation-all thoughtfully designed to boost investment while ensuring fiscal responsibility
Japan’s Prime Minister Takaichi is set to reveal an ambitious new government fiscal target aimed at safeguarding the nation’s financial future. This bold strategy strives to perfectly balance robust economic growth with sustainable debt management, paving the way for lasting prosperity
Argentina’s President Milei faced a significant blow as the Senate approved a surge in government spending, directly opposing his drive for fiscal austerity. This move highlights the intensifying battle over economic policy unfolding in Congress
Italy has revealed an ambitious plan to exit the EU deficit procedure by 2026-earlier than expected-showcasing impressive progress in slashing its budget deficit and strengthening fiscal stability, Reuters reports
Germany is gearing up to launch a multibillion-euro investment blitz aimed at revolutionizing its railway network. This ambitious government plan focuses on expanding and modernizing rail infrastructure, paving the way for faster, greener, and more efficient travel across the country
Canada’s budget deficit for the first ten months of the 2024/25 fiscal year has risen to C$26.85 billion, highlighting ongoing financial challenges. This increase reflects higher expenditures amid economic pressures, as reported by Reuters.
In a move to address fiscal pressures, the British finance minister is expected to implement further cuts to public spending in the upcoming Spring Statement. This follows ongoing economic challenges, as reported by the Financial Times.
In a recent analysis, experts warn that Trump’s proposed education cuts may exacerbate the very issues he aims to resolve, including educational inequality and declining student performance. Critics suggest that reducing funding could undermine long-term academic progress.
Germany is poised to amend its fiscal rules, allowing for increased public spending amid a planned infrastructure boost. The proposals aim to stimulate economic growth while addressing long-standing deficits, marking a significant shift in fiscal policy.
The Trump administration has conveyed to Australia that its planned $56 billion defense spending falls significantly short of strategic needs. This warning highlights concerns over regional security dynamics and the necessity for increased military investment.