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 ...

PARIS (Reuters) - France, the euro zone's second-biggest economy, could run a substantially bigger budget deficit than expected this year if extra savings are not found due to a shortfall in tax ...

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 ...

Kenya will keep its budget deficit for the fiscal year starting in July broadly in line with its current target, the Finance Ministry said on Wednesday, as it seeks to keep a lid on borrowing in spite ...