budget-deficit
5 stories related to this topic, newest first.
Brazil Records Largest Budget Deficit Since Pandemic in March
Brazil reported its largest monthly budget deficit since the pandemic in March, exceeding expectations. The deficit resulted from court-ordered payments and increased stimulus measures ahead of the October election. The government attributed the figures to these factors.
ndtv.comUK Deficit Hits Lowest Level Since 2024, Following Labour's Implementation of Higher Wealth Taxes
Rachel Reeves has delivered the lowest deficit since the Labour government took power in 2024. Higher wealth taxes contributed to this achievement. The government had threatened a clampdown on Britain's affluent classes in 2024.
france24.comRomania's Social Democrats Vote to Withdraw Support from Prime Minister Bolojan
Romania's Social Democratic Party voted to withdraw support from Prime Minister Ilie Bolojan on April 20, 2026, potentially leading to a political crisis if confirmed. The party, the largest in parliament, joined the governing coalition in June 2025. Bolojan has implemented tax i…
Denimadept / Wikimedia (CC BY-SA 3.0 us)South Hadley Residents Vote on Property Tax Override Proposals to Address Budget Deficit
Residents of South Hadley, Massachusetts, are voting on two property tax override proposals to close a $3 million budget deficit. The proposals would raise $9 million or $11 million, increasing average annual property tax bills by about $1,400 or $1,700. The vote occurs on Tuesda…
Ministry of Commerce and Industry (India) / Wikimedia (GODL-India)France's Budget Minister States It Is Premature to Set Ambitious Deficit Reduction Target
France's budget minister indicated that it is too early to establish a more ambitious target for reducing the budget deficit, despite a narrower-than-expected gap in the previous year. This position comes amid ongoing fiscal challenges in the eurozone's second-largest economy. Th…