The Balanced Budget Fiscal Illusion

The government is planning a balanced State Budget. This could trigger huge new debts. PRESIDENT Prabowo Subianto is paying extra close attention to state debt. When he was still in opposition, he was a vocal critic of President Joko Widodo’s debt policy. Prabowo repeatedly said that the mountain of debt meant that Indonesia was being dictated by foreign interests … Read more

A dozen states sue Trump’s government to stop the tariff policy

New York – A dozen states filed a lawsuit against the government of President Donald Trump in the United States International Trade Court in New York to stop their tariff policy, arguing that it is illegal and has generated chaos in the US economy. The lawsuit states that the policy implemented by the president has … Read more

PH fiscal consolidation threatened by tariffs

THE Philippine government may be forced to increase public spending to cushion the economic blow from newly announced US tariffs, potentially derailing efforts to narrow the budget deficit, a Fitch Group unit said. “The likelihood of the government having to incur a larger fiscal deficit has risen significantly against the backdrop of heightened geopolitical uncertainty,” … Read more

New Corporate Car Tax Break: Hybrid, Diesel, & Petrol Relief (Until June 2025)

Are you waiting for your new company car and worried about potential tax implications? Good news: the Italian government has extended tax relief for delayed deliveries. This article unveils the details of the recent amendment, ensuring you stay informed about the latest updates on corporate car tax benefits and how they impact you. Corporate Car … Read more

US Debt Limit Deal

Navigating the Fiscal Cliff: Understanding the U.S. Debt Ceiling Impasse Table of Contents Navigating the Fiscal Cliff: Understanding the U.S. Debt Ceiling Impasse The Looming “X-Date” and Extraordinary… The post US Debt Limit Deal appeared first on NewsyList. Source link

Budget deficit may ‘cross 3 percent’ threshold on costly programs: Researcher – Regulations

t the 100-day mark of President Prabowo Subianto’s administration, there is concern that development programs that rely heavily on public spending could turn out more expensive than planned and accelerate government debt accumulation. Wen Chong Cheah, a researcher at the Economist Intelligence Unit (EIU), told The Jakarta Post on Friday that next… Source link