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Byline: TAHIR AMIN The government has budgeted foreign assistance of Rs 618.51 billion in 2013-14 including grants and loans against the Rs 418.93 billion budgeted for the current fiscal year [...]

Byline: RECORDER REPORT The absence of tax broadening measures and harmonisation of sales tax rate to 16 per cent proposed in budget 2012-13 will increase deficit financing and inflation in [...]

Byline: RECORDER REPORT An executable documentation and revenue generation measure is expected to be announced in the upcoming budget (2012-13) making it mandatory for all buyers to withhold and pay [...]

Byline: ZAHEER ABBASI The government on Monday presented revised budgetary framework to the donors and development partners with fiscal deficit at 4.7 percent for the on-going fiscal year, which would [...]

The political debate over spending cuts has become especially unsophisticated and polarised in the wake of George Osborne's emergency Budget. And weeks of contemplation have done nothing to improve understanding. [...]

Over the last year, interest rates have been cut to historic lows. This would usually be a hot topic - it is only in the last year or so that [...]

Hundreds and thousands of households will be caught in the inheritance tax net because of rising house prices in the future, claims a leading tax accountant. Chancellor Alistair Darling announced [...]

With investors fretting about the UK government's massive budget deficit, it is now standard for UK equity managers to stress that when they invest in UK stocks, they have exposure [...]

India's new budget increases spending, but does not explain where the money will come from On July 6th India's finance minister, Pranab Mukherjee, unveiled the recently re-elected government's budget for [...]

The chancellor has projected a Budget deficit of more than 5 per cent until 2014, in what will widely be seen as a possible disincentive to invest in the UK. [...]

Budget hotels are proving more resistant to the credit crunch than their full-service rivals, with occupancy and revenue per available room (revpar) growing more quickly at the lower end of [...]

Hungary's fiscal roller-coaster is over Hungary has completed a remarkable turnaround in its public finances, with the budget of deficit falling to just 5.7% of GDP in 2007 from close [...]

Government finances (central government) ------------------------------------------------------------------ 2001 2002 2003 2004 2005 Total revenue & grants 1,479 1,603 1,948 2,215 3,082 Hydrocarbons revenue 1,001 1,008 1,350 1,571 2,353 Non-hydrocarbons revenue 462 595 [...]

The agreement was negotiated during a meeting between members of the EP's Budgets Committee, the UK Presidency and the European Commission on November 30. The total ceiling (in terms of [...]

Donors freeze financial support Following the devaluation of the CFA franc in January 1994, Togo adopted a comprehensive reform programme supported by the IMF under a three-year enhanced structural adjustment [...]

Aside from fiscal constraints, a major problem in implementing the PRS is the weakness of budget performance data. This is being further complicated by the ongoing policy of decentralisation, since [...]

The economy performed better in the recent past than originally thought, and prospects still look bright for next year, as David Ross reports The Office for National Statistics (ONS) recently [...]

Higher than expected increases in public sector borrowing, announced by chancellor Gordon Brown in the pre-Budget report (PBR), could lead to higher annuity rates for retirees. Canada Life retirement income [...]

NASA has eliminated funding for the X-38 prototype International Space Station crew return vehicle (CRV) from its 2003 budget request as it studies requirements for a more-capable crew transportation vehicle. [...]

* Lebanon The budget deficit narrowed to 25.4 per cent of expenditure in the first two months, down from 48.5 per cent in the corresponding period of 2000, the Finance [...]

The cabinet has given its approval to a draft of the federal budget for 2001 with a projected deficit of about AED 2,238 million ($609.8 million). This is 8.3 per [...]

America's current-account deficit widened to $115.3 billion, a record, for the last quarter of 2000. Its trade deficit grew to $455.2 billion in the year to January. On March 21st, [...]

Consensual model restricts policy reforms Economic policy in Luxembourg is conducted in a consensus-oriented environment, and labour market policies in particular are based on tripartite co-operation and consensus between employers, [...]

The dollar rose as America's election wrangle drew to an end. Japan's current-account surplus narrowed to just over $7 billion in October; its 12-month surplus fell to $118.7 billion. Germany's [...]

The euro sank to a record low of Yen101 on March 7th. The yen's trade- weighted value rose by 1.1%. Australia's current-account deficit widened to $22.3 billion last year, up [...]

General government gross financial liabilities As a percentage of nomical GDP 1983 1984 1985 1986 1987 1988 United States 46.9 48.6 53.5 56.9 58.3 59.0 Japan [b] 61.7 62.6 64.2 [...]

General government net financial liabilities As a percentage of nominal GDP 1983 1984 1985 1986 1987 1988 United States 32.0 33.3 36.4 39.8 41.7 42.8 Japan [b] 26.0 27.0 26.5 [...]