Welfare states are often celebrated as the backbone of social progress—providing universal healthcare, free education, robust pensions, and unemployment insurance. Yet, behind this promise of…
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Developing countries face a constant juggling act when it comes to managing their budgets. With volatile economic conditions, unpredictable revenue streams, and intense political pressures,…
As the sun sets on 2024, the Indonesian government charts a new fiscal course by raising the Value Added Tax (VAT) rate to 12 percent…
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Breadcrumb Trail LinksPMN BusinessGermany’s strict borrowing rules, long championed by conservative politicians and fiscally hawkish economists, could soon be in for an overhaul that a…
The ECB warns of mounting eurozone sovereign debt risks in its latest review, citing high debt levels, fiscal slippage, and weak growth. ADVERTISEMENTThe European Central…
When Donald Trump is sworn in as the 47th president of the United States on January 20 next year, one of the first things economists…
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Breadcrumb Trail LinksPMN BusinessEven before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary…
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Breadcrumb Trail LinksPMN BusinessBritain’s Labour Party is back in government for the first time since 2010 and has promised to hit the ground running with…
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As the Chinese economy is moving toward a soft rebound, it is about to launch large-scale fiscal and tax reforms to facilitate and boost growth…