South Africa’s government finances are in a weak state, with further possibilities for fiscal slippages in the upcoming budget.

Nigeria's President Bola Tinubu has increased the size of the 2025 budget to 54.2 trillion naira ($36.4 billion) from 49 trillion naira, he said in a letter to the Senate published on Wednesday.

Honestly, we look out for markets from Nigeria, but how competitive are you? The only product we have that is competitive in the international market today is oil. Outside that, you cannot produce ...

The government will adopt a “more targeted” approach to help underprivileged residents instead of simply cutting social welfare resources amid a significant budget deficit, Hong Kong’s No 2 ...

Kuwait's draft budget for 2025-2026 forecasts a deficit of about 6.3 billion dinars ($20.43 billion) and total revenues of 18.23 billion dinars, the country's finance ministry said on Sunday. The ...

South Africa's fiscal trajectory paints a concerning picture. Public expenditure exceeds revenue. As a result sovereign debt is building up and interest on this debt is increasing.This raises concerns ...

Oakland's $129.8 million budget deficit could eradicate up to 30% of its firefighting capacity, depleting a strapped department already stretched thin by station closures, according to sources on ...

Protests have spread across France after the government's forced budget announced severe cuts to the culture and arts sector.

This marks the conclusion of a crucial post-pandemic fiscal consolidation period that began with the Union Budget 2021-22. when the Centre committed to reducing the fiscal deficit to below 4.5% of ...

While monumental defense budget increases in Asia and Europe have been in the spotlight over recent years, military spending has also been rising rapidly in the Middle East and North Africa (MENA ...

A majority of economists believe that the budget has set the stage for a rate cut by keeping fiscal deficit under control. Mumbai: After finance minister Nirmala Sitharaman delivered a consumption ...

Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund public taxpayer ...