(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

MANILA, Philippines — The government saw a wider budget gap of P1.58 trillion last year, exceeding its programmed deficit despite tempered public spending, which offset lower revenue collection. The ...

JAKARTA (Reuters) -- Indonesia's unaudited budget deficit for 2025 was 2.92% of GDP, among the widest in over two decades and close to the legal limit due to lower revenues, high spending on social ...

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...

Global debt ballooned to a record $348 trillion last year, marking the fastest annual increase since the pandemic as governments ramped up borrowing across advanced and developing economies. Total ...

The Ministry of Finance announced that Saudi Arabia’s actual 2025 budget recorded revenues of SAR 1.11 trillion against expenditures of SAR 1.38 trillion, resulting in a deficit of SAR 276.6 ...

Knesset advances 5.1% deficit and spending hike amid Iran war Bill seeks to raise deficit from 3.9%, increase spending cap by $10.2 billion, and add $2.2 billion war reserve as conflict with Iran, ...

New Delhi: The Centre will meet its revised fiscal deficit target for the current fiscal year despite higher subsidies and defence outlays, finance minister Nirmala Sitharaman told the Lok Sabha on ...