Expansionary fiscal policy is commonly used during a recession as a government tool to stimulate economic activity.

Ultimately, fiscal policy serves as a critical mechanism for governments to steer economic activity, promote growth, and ...

PRESIDENT Bola Tinubu’s proposed 9.77 per cent increase in the 2025 budget from N49.7 trillion to N54.2 trillion is a double-edged sword. While a bigger budget may be necessary to address urgent ...

The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation with the Republic of Kazakhstan on a lapse of time basis on November 27, 2024.

The International Monetary Fund on Friday warned of a further deterioration in Japan's fiscal health under Prime Minister ...

Inflation is easing but remains above target, projected at 7.5–8% in 2025 and 6% in 2026. Fiscal policy remains expansionary, with the deficit expected to remain elevated at 3.1% of GDP in 2025, ...

With yesterday's announcements in the Union Budget for the financial year 2025-26, fiscal policy has scored higher in the ...

JP Morgan Chase reported a boost in earnings today, alongside City and Goldman Sachs JP Morgan warned that UK policy credibility is “coming under pressure” amid continuing turmoil in the gilt ...

Therefore, an expansionary monetary policy accompanied by an expanding fiscal deficit (which demands the monetary expansion to fund it) and low interest rates can be an enemy of a thriving banking ...

The Bangladesh Bank is not optimistic about the country’s economic outlook for the 2024-25 financial year as the central bank ...

The public want a single number. They really need a story.” So said Charles Kindleberger, economic guru of financial bubbles and busts.

Zook noted that China's fiscal policy turned sharply expansionary in the second half of 2024, underpinning the economy's resilient performance and offsetting some of the domestic demand challenges.