Fiscal deficit news
Here are some recent news articles and updates on fiscal deficit:
India:
- India's fiscal deficit for the first half of the current financial year (April-September) has widened to 45.3% of the budgeted target, according to data released by the Controller General of Accounts (CGA). (Source: Business Standard, October 2022)
- The government has set a fiscal deficit target of 6.4% of GDP for the current financial year, which is higher than the 4.6% target set for the previous year. (Source: The Hindu, August 2022)
United States:
- The US federal budget deficit for the first 11 months of the 2022 fiscal year has reached $1.4 trillion, according to data released by the Treasury Department. (Source: Reuters, October 2022)
- The Congressional Budget Office (CBO) has projected that the federal budget deficit will reach $1.2 trillion in 2023, or 4.5% of GDP, due to increased government spending and lower revenues. (Source: The Hill, September 2022)
European Union:
- The European Commission has warned that the EU's fiscal deficit is set to exceed 3% of GDP in 2022, due to the impact of the COVID-19 pandemic and the war in Ukraine. (Source: EurActiv, October 2022)
- The European Union's budget deficit has widened to 2.3% of GDP in the first half of 2022, according to data released by the European Commission. (Source: Bloomberg, August 2022)
China:
- China's fiscal deficit has widened to 3.2% of GDP in the first half of 2022, according to data released by the National Bureau of Statistics. (Source: Xinhua, August 2022)
- The Chinese government has set a fiscal deficit target of 3.2% of GDP for 2022, which is higher than the 2.8% target set for 2021. (Source: South China Morning Post, March 2022)
Other countries:
- Japan's fiscal deficit has widened to 5.9% of GDP in the first half of 2022, according to data released by the Ministry of Finance. (Source: Nikkei, August 2022)
- The UK's fiscal deficit has widened to 2.3% of GDP in the first half of 2022, according to data released by the Office for National Statistics. (Source: The Guardian, August 2022)
These are just a few examples of recent news articles and updates on fiscal deficit. If you're looking for more information, I can try to provide you with additional resources or data.