fiscal policy
The weak yen and the weakening US dollar are signs of financial fragility
But neither Japan nor America should meddle with exchange rates
The return of fiscal dominance
As public debt rises and trade fades as a growth engine, central banks risk losing the independence that underpins global financial stability
Citi says Indonesia may breach 3% legal cap on deficit this year
The projection comes after South-east Asia’s biggest economy recorded a 2.9% of GDP budget shortfall in 2025
Transition in full swing: The 4G leadership’s direction and Budget 2026 priorities
With the election over, the focus may be on long-term issues such as climate change and the ageing population
China’s finance ministry says fiscal policies will be more ‘proactive’ in 2026
[SHANGHAI] China’s finance ministry on Sunday (Dec 28) said fiscal policies will be more proactive next year, reiterating its focus on domestic demand, technological innovation and a social safety net...
Japan proposes record Budget spending while curbing fresh debt
The 122.3 trillion yen Budget will likely underpin consumption but could also accelerate inflation
China dials back budget spending by most in over four years
The move suggests authorities are leaning towards containing debt risks now that Beijing’s growth target of around 5% looks safely within reach
UK’s CBI tells Reeves to break tax promises and build fiscal headroom
[LONDON] British finance minister Rachel Reeves should break election pledges not to raise taxes on working people so she can build “real fiscal headroom” in her budget this month, the Confederation o...
UK’s Reeves should go big on tax increases in November, think tank says
[LONDON] British finance minister Rachel Reeves should raise taxes by a lot in next month’s budget to exit the “Groundhog Day scenario” of continuously having to find measures to patch up the public f...
Asean+3 macro research office wants to be ‘gym trainer’, not doctor, for region’s economies
The focus should be on practical solutions that cater to the member economies’ realities, says Amro chief, Yasuto Watanabe
