A final decision on the FY27 consolidation strategy will hinge on the economic growth outlook, which will be reassessed after ...

The Central Bank of Nigeria (CBN) says the country’s external reserves will rise to $51.04 billion in 2026, supported by foreign exchange (FX) reforms.

An intolerable burden is being placed on future generations that will result in financial crises and political instability ...

The net interest on the U.S. Federal Debt is roughly 3 percent of Gross Domestic Product (GDP), amounting to $882 billion. What does this percentage and the absolute number mean? If they were to ...

Former Union finance minister says debt-to-GSDP ratio, not absolute borrowing, is the real measure of fiscal strength ...

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

The minister detailed the impact of the government’s first package of tax facilities, noting it has encouraged voluntary ...

From current level to high income, it needs to increase 5.49 times. To compare, Costa Rica achieved high income status this ...

FM Sitharaman said Prime Minister Modi is focused on promoting MSMEs through schemes like MUDRA, with an emphasis on financial inclusion and ensuring credit access for all sections of society.

The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...

The United States is currently in a "death spiral" of debt that could lead to an economic "heart attack" if both parties do not work together to start cutting immediately, according to Ray Dalio, the ...

Japan has signed off on a record 785 billion dollar budget for the coming fiscal year, pairing unprecedented spending with a fresh pledge to keep its towering public debt in check. The plan reflects a ...