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IMF supports Saudi spending despite budget deficit
The International Monetary Fund is urging Saudi Arabia to pursue “a countercyclical fiscal stance” despite its growing current account and budget deficits. In a statement released on Monday, the IMF ...
U.S. Treasury Secretary Scott Bessent noted progress made on reducing the government's fiscal deficit for this fiscal year, ending Sept. 30. The deficit-to-GDP will have fallen to 5.9% from 6.5%, ...
MUMBAI: The rising external risks, especially in the form of punitive tariffs imposed by US President Donald Trump’s administration, may see the country missing the 4.4% fiscal deficit target for this ...
U.S. Treasury Secretary Scott Bessent said Thursday that borrowing costs remain too much above the neutral rate, arguing most models suggest the policy rate should be over 100 basis points below the ...
BRUSSELS (Reuters) -The aggregated fiscal stance of euro zone countries should stay neutral next year, the European Commission said on Tuesday in a recommendation that is to help coordinate fiscal ...
The paper discusses the introduction of a positive neutral countercyclical capital buffer (CCyB) for Albania. The building blocks present a step-by-step guide to assess preconditions to be in place.
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