As the Union Budget 2026 approaches, the revenue, fiscal, and primary deficits are under scrutiny. These indicators reveal ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

There are significant fears over U.S. deficits and debt. But there is little evidence that this will lead to higher interest rates. Rather, we expect a slowdown in long-term GDP growth and potentially ...

What is government borrowing and how does it impact fiscal deficit? A key question ahead of the big day. As the Union Budget ...

A perfect storm of economic, fiscal and political trends is battering California’s already deficit-ridden state budget, leading public employee unions and other interest groups dependent on money from ...

California’s state budget is mired in what fiscal authorities call a “structural deficit,” meaning its revenues cannot keep up with spending mandated by current law. For several years, Gov. Gavin ...

The European Commission, under the Semester Package published on November 25, included Romania among the 19 of the 27 ...