The Confederation of Indian Industry (CII) outlined a comprehensive four-point fiscal strategy to strengthen India's macroeconomic stability, focusing on debt sustainability, fiscal transparency, revenue mobilisation, and expenditure efficiency.
The US State Department's 2025 Fiscal Transparency Report urged Pakistan to place defence and intelligence budgets under parliamentary or civilian oversight, Dawn reported. It also called for timely budget publication and fuller debt disclosure, while noting progress in audit independence
The International Monetary Fund (IMF) has called on Pakistan to bring greater transparency and discipline to its public spending, urging the government to route parliamentarians' development schemes through formal approval mechanisms and limit mid-year budget changes without parliamentary ov
Washington DC [USA], Dec 24 (ANI): Financing new social initiatives and development projects will benefit India's younger generations but this will require prudent use of public funds, the International Monetary Fund (IMF) has said.