Now that the election frenzy is over, policymakers must decide the fate of the 2017 Tax Cuts and Jobs Act’s expiring ...

BRASILIA (Reuters) - Brazil is set to achieve a primary deficit of 20 billion reais ($3.3 billion) this year, narrower than the maximum shortfall permitted under its fiscal rules, Treasury ...

In December 2023, Argentina's primary deficit was US$ 2.384 billion, with a financial deficit of US$ 6.383 billion for a yearly 2.9 % drop of the Gross Domestic Product (GDP). Capital expenditures ...

Brazil had undergone a sharp fiscal deterioration during last year with the central government's primary budget deficit reaching 230.5 billion Reais (US$ 47 billion), released data showed this week.

While the primary deficit widened by 155.28% QoQ, the overall deficit contracted by 22.51% to N3.30 trillion, indicating improved fiscal discipline. Expenditure Composition: Recurrent expenditure ...

The primary surplus or deficit equals government tax revenue minus all spending other than principal and interest payments on past debts. As in his past seven agenda-setting speeches to open a ...

Question 1: Why do governments borrow? Primarily for three reasons: to 1) cover primary deficit, (2) pay interest on debt and (3) repay principal on maturing debt. Together, these annual ...

By Thursday evening, the Senate had approved the first of the three proposals, which prohibits the granting or expansion of tax benefits if public accounts face a primary deficit. That bill ...

BRASILIA, Dec 3 (Reuters) - Brazil is set to achieve a primary deficit of 20 billion reais ($3.3 billion) this year, narrower than the maximum shortfall permitted under its fiscal rules ...