Malawi’s fiscal deficit surged to unprecedented levels in 2025, breaching the K3 trillion mark largely due to election-related spending and persistent revenue underperformance which created a perfect ...

ROME (Reuters) -Italy will cut its budget deficit to 3% of national output this year, the government said on Thursday, respecting the European Union's ceiling for the first time since 2019, before the ...

The scale of the country’s fiscal deficit, compiled up to November last year, approached 90 trillion Korean won, marking the ...

Global public debt is rising, requiring urgent fiscal adjustments to ensure sustainability and resilience amid economic uncertainties and spending pressures. Global public debt is high, and rising. It ...

In 2025, some African countries are showing major strides in improving their fiscal balance. After years of debt build-up and wide deficits, these improvements suggest tighter government spending, ...

The United States has grappled with an unsustainable economic imbalance for over two decades, characterised by persistent twin deficits in its fiscal and current account balances.

The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in ...