Canada's budget deficit is projected to widen and surpass 2% of the economy for the current and coming fiscal years due to weak growth and spending measures planned by Prime Minister Mark Carney to rewire the economy, according to the country's fiscal watchdog. ...

Slovak lawmakers approved a €2.7 billion package of higher taxes and spending cuts aimed at reducing one of the European Union’s highest budget deficits https://t.co/h2qwyqLe1r ...

Russia plans to run a budget deficit for a fifth year as declining revenue and increased spending continue to put pressure on the government’s finances amid the Kremlin’s war on Ukraine https://t.co/JukZkaGa8q ...

Malaysia will reform subsidies on the country’s most popular fuel by end-September, a move that will see foreigners paying higher pump prices as the government looks to narrow its budget deficit https://t.co/V2ebTWq661 ...

Italy’s budget shortfall may drop below 3% of output this year, allowing it to leave the EU's fiscal shackles earlier than thought, its finance minister said https://t.co/ppoQiHr5aY ...

UK gilts declined and the pound fell for a third day against the dollar after data showed the UK budget deficit came in above all forecasts in August https://t.co/ydxPxMJsRI ...

Indonesia raised its budget deficit target for 2026 on plans for higher government spending https://t.co/x4D6TpWzUX ...

Analysts expect Prime Minister Mark Carney to push the federal government’s budget deeper into the red as Canada ramps up spending to bolster its military and infrastructure https://t.co/vpBhF5l3kH ...

France’s new Prime Minister Sebastien Lecornu dropped an unpopular proposal of his predecessor to cut two public holidays, while warning that the government will need to find other ways to trim its budget deficit https://t.co/3cpLYg7PbH ...

South Africa may beat its budget-deficit target for this year, helped by restrained spending and healthier tax collections, BNP Paribas says https://t.co/33xo42buBC ...