fiscal policy
UK budget rules should seek to lower debt, parliament committee says
Britain’s public sector net debt has risen from 61 per cent in 2009/10 to 95 per cent of GDP by 2025/26
China hit brakes on fiscal stimulus as economy holds up amid war
The conflict in the Middle East has yet to pose a major threat to the Asian nation
The great Hungarian reset
Hungary’s incoming prime minister will have to address the fragile macroeconomic situation head on
Why this oil shock is different
Governments and central banks are out of policy ammunition to contain the economic fallout
The Iran war presents a ‘guns and butter’ nightmare for investors
How long the conflict will last, and its energy impact, are unknown, but mounting global debt and inflation risks are all too real
Singapore’s special transfers expenditure: a strategic fiscal approach to resource allocation
The mechanism behind this spending shows how institutional design can balance short-term responsiveness with long-term discipline
Budget 2026: With fiscal marksmanship now harder to achieve, tax changes need stronger justification
Amid growing uncertainty, it is safer to err on the side of fiscal caution – but the public will need to be convinced of this
Budget 2026: Fiscal forecasts are reasonable, not too conservative: PM Wong
GST hikes remain necessary to provide stable revenues for increased structural spending
Japan PM faces challenges selling ‘proactive’ fiscal policy to bond vigilantes
It involves ramping up investment and a two-year food-tax suspension for a country with public debt twice the size of its economy
FY2025 surplus revised up to record S$15.1 billion on higher tax revenue
The surplus was driven by higher-than-expected takings for corporate income tax, among other factors
