Gov. Wes Moore's (D) $70.8 billion spending plan unveiled last week closes a more than $1.5 billion deficit for fiscal 2027 ...

A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...

The government is likely to continue reducing its fiscal deficit, though at a slower pace. Emkay expects the Centre to target a fiscal deficit of 4.3% of GDP in FY27. “With the shift toward debt/GDP ...

New Delhi: India continues to stand out as a bright spot among major economies, supported by strong macro-economic ...

Rising public debt again is a central concern for Latin American economies amid low growth, high financing costs and an ...

Union Budget 2026: As the budget approaches on Sunday, 1st February, know how the fiscal deficit shapes government spending.

“We expect the central government to target a FY27 fiscal deficit of 4.2% of GDP while adhering to the FY26 target of 4.4%. The pace of consolidation was much faster from FY23-26 with a consolidation ...

Economists project India's FY27 fiscal deficit at 4.2-4.3% of GDP, influenced by higher growth and prudent spending.

Budget 2026: Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget for the financial year ...