Much larger fiscal adjustments than currently planned are required to stabilize (or reduce) debt with high probability. Now is an opportune time for rebuilding fiscal buffers and delaying is costly.

“We can now reveal what Labor has been hiding for months, Fee Free TAFE is not delivering the scale of skilled graduates we need to deal with the skills crisis,” she said. “Every time the ...

The numbers: The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenues. The fiscal year ended on Sept.

Fiscal policy affects macroeconomic stability, growth, and income distribution. Citizens expect their governments to ensure value-for-money for public spending, a fair and efficient tax system, and ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

West Africa Container Terminal, Onne recently marked a significant achievement as the inaugural batch of its scholarship scheme successfully graduates from the scheme. Justin Okwuofu, the WACT ...

Rudy Sulgan / Getty Images When it comes to influencing macroeconomic outcomes, governments have typically relied on one of two primary courses of action: fiscal policy or monetary policy.

The IMF’s Fiscal Monitor on Wednesday will feature a warning that public debt levels are set to reach $100 trillion this year, driven by China and the US. Managing Director Kristalina Georgieva ...

WASHINGTON, Oct 18 (Reuters) - The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the ...

A total of 256 students of the University of Ilorin will graduate with first class at the forthcoming convocation of the university. The Vice-Chancellor of the university, Prof Wahab Egbewole (SAN ...

Universal Studios Hollywood has announced the return of its popular Grad Bash celebration, offering 2025 graduating students after-hours access to the theme park’s rides & attractions. Reservations ...