THE Malaysian government has proposed an expansionary fiscal policy with Budget 2023 having a total allocation of RM373.3bil as compared to RM385.3bil in 2022. This was done with the aim of ...

Unemployment benefits and other social spending are also designed to rise during a downturn. These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary ...

Discussions at the Bank of Mongolia’s recent international conference marking its centennial highlighted an important policy issue: how to better align monetary and fiscal policies to tackle high ...

which is responsible for setting fiscal policy. Speaker Mike Johnson (R-La.) and GOP leadership want to move quickly to craft a follow-up to the 2017 Tax Cuts and Jobs Act (TCJA) once Trump takes ...

China is cutting taxes for homebuyers and developers, as the government tries to put a floor under falling prices and sustain an improvement in housing transactions. The nation lowered home ...

"Most of these policies (lower taxes, tariffs, immigration, deregulation, unfunded expansionary fiscal policy) can be regarded as pro- growth and or inflationary. "This means, all else equal ...

Policymakers there are also expected to maintain a more expansionary fiscal policy. The Congressional Budget Office, the independent fiscal watchdog, predicted deficits of 6.5 per cent in 2025 and ...

That brings us to the issue of budget deficit and borrowing. When an economy is in recession, expansionary fiscal policy is recommended. That is, the government will need to spend more than it ...

“Most of these policies [lower taxes, tariffs, immigration, deregulation, unfunded expansionary fiscal policy] can be regarded as pro-growth and or inflationary,” he continued. “This ...

Fixed asset investment held steady at 3.4 percent year-on-year. Infrastructure investment improved by 3.6 percentage points ...

On Friday, the Jamaica Chamber of Commerce (JCC) announced full support of the Bank of Jamaica’s (BOJ) insistence that adjustments in its policy rates should be passed on to borrowers promptly ...

Trudeau Government Has Likely Blown Fiscal Anchor, Watchdog Says Watchdog sees deeper-than-pledged fiscal shortfall in 2023-24 Freeland hasn’t yet set date for update on country’s finances ...