What does a government do when it needs to spend more money than it earns in revenue? In such cases, the government raises funds to cover this shortfall, a process known as deficit financing. This is ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We examine the macroeconomic, asset pricing, and public debt consequences of deficit financing dividend taxation in a ...
Bond-market participants were preparing for President Donald Trump’s massive plan for tax and spending cuts to be signed into law by Friday, opening the floodgate to a deluge of short-term Treasury ...
ROME (Reuters) -Italy's budget deficit could fall below the European Union's ceiling of 3% of gross domestic product (GDP) this year, ahead of time, Economy Minister Giancarlo Giorgetti said on ...
CAIRO (Reuters) -Saudi Arabia has projected a fiscal deficit equivalent to 3.3% of gross domestic product for 2026, higher than a previous estimate from the 2025 budget that envisaged a 2.9% deficit ...
The benefit to Hungary's credit rating of any potential U.S. financial backstop package remains difficult to factor in, Fitch has said, and should be unnecessary given the country's uninterrupted ...
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