fiscal policy
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Ontario Premier Doug Ford Retreats on Costly Private Jet Purchase
Ontario Premier Doug Ford is moving to sell a $28.9 million private jet following intense public outcry over fiscal oversight and government spending priorities.
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IMF Backs Armenia’s Fiscal Path Amid Regional Economic Headwinds
The IMF and Armenian government have reached a staff-level agreement on a key economic program, signaling continued confidence in national fiscal stability.
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Trump’s $1.5 Trillion Defense Budget Could Add $6.9 Trillion to National Debt
A watchdog group estimates Donald Trump’s proposed defense spending increase could add nearly $7 trillion to the national debt over a decade, raising alarms.
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Finance Minister Sitharaman Presents 2026 Union Budget
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 on February 1, outlining India’s economic priorities and fiscal roadmap for the year. The budget impacts national development and policy.
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Simon Harris Sets Spending Caps, Plans New Savings Drive
Tánaiste Simon Harris confirmed binding departmental spending limits and outlined a new incentivized savings scheme aimed at boosting middle-class investment.
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Jamaica Extends Corporate Tax Deadline to April 15 After Watchdog Flagged Risk
Jamaica’s government has moved its corporate tax filing and payment deadline to April 15, a direct response to warnings from the Independent Fiscal Commission (IFC) about concentrated year-end revenue risks.
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BC Premier David Eby Navigates Deepening Deficits Amid Crisis Response
British Columbia Premier David Eby faces intense scrutiny over his administration’s mounting budget deficits, a stark contrast to his predecessor’s fiscal approach, while also managing the provincial response to a recent tragic school shooting in Tumbler Ridge.
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India’s 2026 Budget Presented on Sunday, Auto Sector Eyes Green Future
India’s Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, making it the first Sunday presentation in the nation’s fiscal history. The budget is keenly watched for its direction on electric mobility, manufacturing, and broader economic stability, with the automotive…
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Tax Deadlines Shift: UK’s Digital Mandate and Puerto Rico’s Potential Extension
Taxpayers face significant changes in 2026: the UK introduces the ‘Making Tax Digital’ initiative for landlords and self-employed, mandating quarterly digital submissions, while Puerto Rico’s Treasury Secretary signals a possible extension of the April 15 filing deadline due to proposed…
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Scottish Budget 2026: Robison Unveils Pre-Election Spending and Tax Plans Amid Fiscal Pressures
Scotland’s Finance Secretary Shona Robison has unveiled the SNP government’s draft budget for 2026-27, proposing significant investments in public services and an increase in the Scottish Child Payment, all while navigating a looming election and a projected £5bn funding shortfall.
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Armenia’s 2025 State Budget Revenue Surges: Key Insights
Discover how Armenia’s state budget revenue for 2025 has surged, driven by tax increases and improved economic activity, with significant implications for the country’s future.
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Stamp Code Prices in Armenia Set to Decrease in 2026
Starting January 1, 619, stamp code prices in Armenia will decrease to 2.5 AMD, with some available for just 0.01 AMD, benefiting businesses and taxpayers alike.
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Nikkei 225 Holds Near Record Highs as Investors Weigh Fiscal Risks and Valuations
Japan’s Nikkei 225 remains near its all-time highs as investors shift focus from momentum to fiscal sustainability and sector rotation, amid cautious sentiment and record valuations.
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Colombia Declares Economic Emergency Amid Congressional Budget Rejection
Colombia declares a 30-day economic emergency after Congress rejects a crucial funding law, aiming to stabilize the economy amid fiscal challenges.
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Resolution Foundation’s Tax Blueprint Shapes UK’s Fiscal Future
The Resolution Foundation’s influential tax proposals, including a switch from national insurance to income tax, are igniting political debate and could redefine the UK’s budget strategy under Rachel Reeves.