Fiscal policy influences the economy through government spending and taxation, typically to promote strong and sustainable growth and reduce poverty. The role and objectives of fiscal policy gained ...

The World Bank provides recommendations to close potential gaps through a core diagnostic for policy dialogue -the Public Finance Reviews (PFR). The World Bank provides macro-fiscal recommendations on ...

The Government Finance Statistics Manual 2014 (GFSM 2014), 1 and it predecessors are the internationally recognized statistical reporting framework, aimed at helping national authorities to strengthen ...

Thrifty finance ... here is the policy was right. It didn’t harm us. It was not bad austerity which cost us dearly; for example, we had virtually no unemployment. And now we can afford – at very low ...

The government’s key economic policy document shows worrisome signs of reckless and irresponsible fiscal expansion ... a planned tax hike to help finance the expansion. It says the financing ...

House Speaker Mike Johnson, R-La., has seemed to come around to the idea, telling reporters that switching to the current policy baseline to finance the tax cuts “makes a lot of sense to me.” ...

congressional Republicans are forging ahead with crafting their major fiscal overhaul. However, leadership is facing some major dilemmas over spending cuts and tax policy. Republicans are looking ...

China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday. China on Wednesday announced it was raising its on ...

It shows that despite slight improvements since last year, the federal debt is set to soar and force a fiscal reckoning in the coming years. May Social Security direct payment worth $967 goes out ...

Robust public finances, anchored by a government debt-to-GDP ratio of 63% and a budget deficit of 2.0% of GDP in 2024, provide sufficient flexibility to finance large fiscal stimulus without ...

China will implement a more proactive fiscal policy this year and ensure its sustained strength and effectiveness, said Finance Minister Lan Fo'an at the ongoing China Development Forum 2025.

(The Center Square) – Faced with the task of financing a $4.5 trillion extension of the 2017 Tax Cuts and Jobs Act, Republican lawmakers are considering using an unconventional accounting tactic ...