The overall subsidy commitment remained relatively high compared to levels before the pandemic.

The 16th Finance Commission’s idea of ending revenue deficit grants aims to curb moral hazard and restore fiscal discipline.

Declining enrollment, rising expenses and the end of state and federal one-time funds from the pandemic-era have pushed ...

Rising crude oil prices could cost India $7-8 bn extra per month, widening deficit & raising inflation, analysts warn.

Governor Mikie Sherrill says spending cuts will be needed to prevent a growing deficit that could wipe out state reserves within two years. Trenton, NJ – New Jersey could face a structural budget ...

Slovakia’s state budget deficit widened significantly in the first two months of 2026 as government spending continued to outpace revenues, according to the latest fiscal data. By the end of February, ...

Analysts predict the Middle East crisis may boost Nigeria's oil earnings but also trigger higher inflation, creating a ...

District officials are considering consolidating buildings and reducing its staff to address the deficit, which is largely due to declining enrollment.

Explaining the trend, Kanan Bahl, Founder of Fingrowth Media, said that India spends about 20% of its total expenses on interest payments primarily because the government needs to borrow regularly to ...

Until recently, governments could postpone these choices by borrowing on convenient terms. But now, unprecedented debt levels and higher borrowing costs have raised the stakes. At the same time, ...

Debt servicing in Nigeria outpaced capital expenditure by N3.9tn over the past two years, highlighting growing fiscal pressures on the federal budget, according to a media brief obtained by The PUNCH ...

Finance Minister Enoch Godongwana used Standard Bank’s annual post Budget forum in Rosebank not simply to defend a projection ...