South Korea starts 2026 with 11.3 trillion won surplus
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...
Tag : Government Spending
PM Modi’s economic vision strengthens India’s GDP at 6.2% in Q3
India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties....
Trump moves to eliminate penny, citing millions in taxpayer losses
Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal...
Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024
Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence....
India’s forthcoming budget to focus on strategic progress
India's upcoming budget will reveal how the BJP plans to manage its coalition government and possible fiscal shifts after a narrow electoral win....
Steady growth and emerging challenges in 2024
In a report by LendingTree, the economic landscape for 2024 is meticulously analyzed, offering insights into the American economy....
U.S. national debt hits unprecedented $34 trillion mark
The United States has reached a new fiscal milestone, with its national debt surpassing $34 trillion, as reported by the Treasury Department....