India's medium-term macro outlook remains constructive as the Union Budget for FY27 signals continuity in capital expenditure alongside a softer fiscal drag, according to a report by Goldman Sachs.
Meloni's statement reflects the challenges Italy faces, including economic growth, public debt, and labour market issues. The government's 2026 budget aims to lower the fiscal deficit to 2.8% of GDP, while addressing tax hikes and social contributions.
The National Council of Applied Economic Research (NCAER) has released a report highlighting Gujarat's exemplary fiscal management, positioning it as one of the financially strongest states in India. As per report, Gujarat has reduced its public debt-to-GSDP ratio in last 10 years by 4.5 per
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
UAE Minister Mohamed Al Hussaini and Azerbaijan's Finance Minister Samir Sharifov met in Dubai to discuss enhancing financial cooperation and mutual interests, especially in areas like climate finance and public budget management. The meeting reaffirmed their commitment to deepen ties and ad
Speaking at a press conference in Ahmedabad, Singh stated, "NCDs are a small start in public debt securities to allow retail investors to get about 9.90 pc returns."
The global economy is currently facing significant risks stemming from ongoing geopolitical tensions, high levels of public debt, and slow progress in reducing inflation, according to the Reserve Bank of India's (RBI) 29th Financial Stability Report (FSR) released on Thursday.
Kenya, a nation often praised for its stability, has been witnessing escalating protests over the bill, which the government introduced to rein in public debt, CNN reported.
The Securities and Exchange Board of India (SEBI) has banned JM Financial from accepting new mandates as a lead manager for public issues of debt securities.
Amid rising fiscal deficits and public debt,Maldives remains at "high risk" of external and overall debt distress, the International Monetary Fund (IMF) said in its report
Amid rising fiscal deficits and public debt, Maldives remains at a "high risk" of external and overall debt distress, the International Monetary Fund (IMF) said in its report.
Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't want to include PIA's debt in the overall public debt, has changed its mind. Now, they agreed to use the budget to pay both the princ