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 ...

By Duncan Miriri NAIROBI (Reuters) -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 ...