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Source:Bloomberg - Serbia's first-quarter budget deficit was double the target agreed upon in a loan program with the International Monetary Fund while the government also breached a self-imposed public-debt limit. The shortfall totaled 52.7 billion dinars ($601.4 ...
Budget 2012: Tax-free bond target for infrastructure projects at Rs 60,000 crore
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Web MessengerSource:Business Today - Finance Minister Pranab Mukherjee on Friday proposed to double the tax-free bond target for financing infrastructure projects in the next fiscal to Rs 60,000 crore from Rs 30,000 crore....
Source:Business Week - By MARC LEVY State lawmakers are returning to Harrisburg after three weeks away for the primary elections and probably will spend much of the coming weeks deciding how to lessen Gov. Tom Corbett's proposed spending cuts. Monday kicked off the final two ...
Source:Wall Street Journal - SANTIAGO DE COMPOSTELA, Spain (Dow Jones)--The Spanish government Monday sent annual reports on its budget and its program of economic reforms to the European Union, Finance Minister Luis de Guindos said. "These two documents are the backbone...of the ...
Source:Business Week - By Emma Ross-Thomas on April 24, 2012 Spain's central-government budget deficit narrowed in the first quarter, Budget Minister Cristobal Montoro said, as he threatened to intervene in regional governments that fail to cut spending....
Source:Business Week - By Doug Alexander on April 23, 2012 The leader of Ontario's opposition New Democratic Party, Andrea Horwath, said she will speak with her caucus to discuss a meeting she had with Liberal Premier Dalton McGuinty about the provincial budget....
Budget session-II may not be calm as Opposition gears for action
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Web MessengerSource:The Hindu BusinessLine - New Delhi, April 23: As the second part of the Budget session begins tomorrow, the Government and the Opposition chalked out their strategies here on Monday. The Government said it is ready to discuss any issues in Parliament, but Opposition, sources said they are not “expecting” the se...
Source:Wall Street Journal - By Eamon Quinn and Matina Stevis DUBLIN (Dow Jones)--The Irish government once again had the largest budget deficit in the European Union during 2011, but the European Commission insists its austerity program is on track. The European Union's official ...
India’s economic star is fading
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Web MessengerSource:Market Watch - SYDNEY (MarketWatch) — In the aftermath of the global financial crisis, optimists hoped that the BRIC (Brazil, Russia, India, China) countries would drive the world’s economic engine. But those hopes have sputtered. China’s economic growth has slowed to its lowest rate in three years. Brazil�...



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