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 grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according...
Trump moves to eliminate penny, citing millions in taxpayer losses
President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing...
Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024
MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and...
India’s forthcoming budget to focus on strategic progress
India's upcoming budget presentation by Finance Minister Nirmala Sitharaman on Tuesday is highly anticipated as a beacon of optimism for the country's economic future. With...
Steady growth and emerging challenges in 2024
In a recent comprehensive report by LendingTree, the economic landscape for 2024 is meticulously analyzed, offering insights into the evolving American economy. Amid the picturesque...
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. This development arrives...