The Business Times

budget deficit

International

US August deficit falls to US$345 billion as tariff revenues rise

The new CRFB estimates include the budget effects of the One Big Beautiful Bill Act tax and spending bill, as well as Trump’s tariffs that are currently in place.
International

US budget deficit forecast US$1 trillion higher over next decade: watchdog

The US government's budget deficit for July was up 19 per cent, or US$47 billion, from July 2024.
International

US deficit grows to US$291 billion in July despite tariff revenue surge

Further fiscal deterioration in the US could lead to more negative rating actions, albeit slowly, with one-notch cuts over several years.
Wealth & Investing
CIO CORNER

Faltering US exceptionalism and the implications of higher Treasury yields

Tuesday’s fiscal figures have given them more reasons to bet on the government delaying new supportive measures.
International

China ran record budget deficit with spending blitz amid tariffs

The Budget for FY2025 is expected to run Singapore’s second consecutive surplus.
Singapore

Budget 2025: Singapore expects S$6.8 billion surplus in FY2025, contrary to economists’ deficit predictions

FILE PHOTO: Chancellor of the Exchequer Rachel Reeves gives a speech at the Treasury in London, Britain, to an audience of leading business figures and senior stakeholders, announcing the first steps the new Government will be taking to deliver economic growth. Picture date: Monday, July 8, 2024. Jonathan Brady/Pool via REUTERS//File Photo
International

Reeves says she’s struck budget deals with whole UK Cabinet

The newly approved borrowing is part of a wider revised debt management plan for the fiscal year, which includes the restructuring of existing debt of 2 trillion baht and debt repayments of about 400 billion baht.
International

Thai Cabinet approves US$15.7 billion more in new borrowing for 2024 fiscal year

Thousands of Indonesians at an election campaign rally in South Sulawesi on Jan 17, 2024. The three presidential candidates have each promised to roll out many policies to improve the lives of the people if they are successful at the Feb 14 poll.
ASEAN Business

From free lunches to cash transfers, Indonesia presidential candidates’ election pledges under the microscope

Thailand's plan projects inflation of 1.5 to 2.5 per cent in 2025, and a public-debt-to-GDP ratio of 63.73 per cent at the end of the 2025 fiscal year.
ASEAN Business

Thailand set to further increase spending in 2025 fiscal year

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