Decline in imports reflects weaker domestic consumption and subdued economic activity amid ongoing fiscal consolidation measures.

Budget 2024 Expectations: The budgetary allocation in existing welfare schemes can be augmented with other populist schemes including subsidies, employment, water, and education

Fiscal Mathematics: The major area of concern is the continued decline in non-debt capital receipts. According to the Department of Investment and Public Asset Management (DIPAM), the government has r...

The improvement already matches the fiscal consolidation target set for the full year. Maintaining the pace of fiscal consolidation next year will require continued expenditure controls and political commitment.

Romania’s sovereign rating is the lowest investment-grade level, with a negative outlook.

Analysts believe Romania's budget deficit could fall below 6% of GDP this year, based solely on measures already adopted for 2026.

By Assoc. Prof. Dr. Firdausi Suffian Malaysia’s fiscal consolidation is not unfolding on stable ground. It is taking place on a tightrope, where every step towards fiscal discipline risks public pushback, and every delay risks eroding economic credibility. The central question is not whether reform is necessary, but whether it can be sustained without undermining growth, public trust, and political legitimacy. Recent fiscal trends suggest that the government is moving in the right direction. Malaysia’s fiscal deficit peaked at 6.4 per cent of GDP in 2021 before narrowing to 5.5 per cent in 2022 and 5.0 per cent in 2023. […]

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BRASILIA (Reuters) - Brazil’s government acknowledged growing risks of public debt renegotiation, with a record level for 2025 due to an increased share of debt exposed to short-term interest rates, and stressed the need for fiscal consolidation to improve the outlook. In a fiscal risks annex to the 2026 budget guidelines bill sent to Congress on Tuesday, the Treasury estimated that 62.1% of federal public debt will be sensitive to short-term interest rate changes this year - a record high since the series began in 2008. The share was previously projected at 56.6% in last year’s document. The measure includes debt tied to the Selic policy rate and securities maturing within 12 months, whose refinancing costs are also directly affected by the benchmark interest rate. The Treasury now sees this share reaching 58.9% in 2028, up from a previous estimate of 51.2%. Latin America’s largest economy finances an unusually large portion of its debt through floating-rate bonds designed to appeal to investors during periods of market stress. The Treasury leaned heavily on these last year amid concerns over the sustainability of public finances in the face of fast-growing mandatory expenditures, leaving Brazil with its worst debt composition in two decades. This debt sensitivity is increasing as the central bank tightens policy to curb persistent inflation. Since September, policymakers have raised rates by 375 basis points to 14.25%, signaling a further increase in May. The government acknowledged the rise in floating-rate debt is linked to uncertainty over fiscal consolidation, which has hindered the issuance of long-term fixed-rate or inflation-linked bonds. "Reversing the trajectory of market risk requires a more favorable environment for fiscal consolidation and lower-cost issuances," the annex said. The government on Tuesday proposed a primary surplus of 0.25% of gross domestic product for next year, which would mark the first under leftist President Luiz Inacio Lula da Silva in his current term. Itau bank said on Wednesday that the proposal does not dispel the view that the current fiscal adjustment pace is insufficient to stabilize public debt, projecting a 0.8% of GDP deficit next year. Which stock should you buy in your very next trade? With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Finance Minister Ericah Shafudah has unveiled a N$106.3 billion budget for the 2025/26 financial year, striking a delicate balance between fiscal consolidation and targeted investments to stimulate economic growth. Tabled under the theme “Beyond 35: For a Prosperous Future,” the budget reflects Namibia’s aspirations as it celebrates 35 years of