BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the highly anticipated fiscal framework of the new government will be announced this week, following a concluding meeting …
Fiscal
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Temporary Band Aid’: Biden’s Student Loan Plans Could Drive The US Toward Recession, Fiscal Watchdog Argues
‘Temporary Band Aid’: Biden’s Student Loan Plans Could Drive The US Toward Recession, Fiscal Watchdog Argues Alexa Schwerha on March 23, 2023 Biden’s plan to cancel student loans and cut …
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Business News
Japan firms see global inflation risk as major headwind for fiscal 2023 – Reuters poll
by Reutersby ReutersBy Rocky Swift TOKYO (Reuters) – Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, a Reuters monthly poll showed. …
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Business News
New EU fiscal rules cannot allow ‘a la carte’ polices -Gentiloni
by Reutersby ReutersBRUSSELS (Reuters) – The European Union’s planned new fiscal rules cannot give governments a free hand in the choice of fiscal policies, even if they do offer individual debt reduction …
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BEIJING (Reuters) – China’s fiscal revenues fell 1.2% in the first two months of 2023 from a year earlier, the finance ministry said on Friday, despite signs that economic activity …
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US and World News
Brazil to release fiscal framework proposal before Lula’s China trip
by Reutersby ReutersBRASILIA (Reuters) – Brazil President Luiz Inacio Lula da Silva on Wednesday said the proposal for a new fiscal framework prepared by Economy Minister Fernando Haddad will be announced before …
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Business News
Brazil fiscal framework to include rule to track spending, says Haddad
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s finance chief said the government’s eagerly awaited fiscal framework would include a new rule to monitor spending but without addressing public debt, in remarks on Friday …
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Business News
Canada’s finance minister says she is preparing budget with fiscal constraint in mind
by Reutersby Reuters(Reuters) – Canada’s Finance Minister Chrystia Freeland said on Wednesday she is preparing a budget, expected sometime this spring, with fiscal constraint in mind and a goal to avoid fueling …
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Business News
Brazil’s Finance Ministry has finalized proposal for new fiscal framework, says Haddad
by Reutersby ReutersBRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Monday that his ministry has finalized its contribution to the design of the country’s new fiscal framework, but highlighted that …
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Business News
Brazil’s work on new fiscal framework to end this week, says finance minister
by Reutersby Reuters(Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the ministry plans to finish working on a new fiscal framework this week and present it to President Luiz Inacio …
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Business News
Indonesia plans to narrow 2024 fiscal deficit, sees higher GDP growth
by Reutersby ReutersJAKARTA (Reuters) – Indonesia expects to bring its budget to a narrower fiscal deficit next year, even as its economic growth is predicted to accelerate, senior officials said on Monday, …
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Business News
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand
by Reutersby Reuters(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its engines used in trucks and other heavy vehicles. The company, …
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Business News
India ‘fairly’ confident of cutting fiscal deficit to 4.5% of GDP in 3 years -official
by Reutersby ReutersBy Nikunj Ohri NEW DELHI (Reuters) – India is ‘fairly’ confident it can meet its target to cut its fiscal deficit by nearly 200 basis points to 4.5% of GDP …
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BEIJING (Reuters) – China’s fiscal revenue rose 0.6% in 2022 from a year earlier, slowing sharply from a 10.7% increase in 2021 due to huge tax rebates for businesses to …
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MIsc. News
4.3 Tons of Narcotics, 6,084 Seizures, 9,130 Agriculture and Biological Interceptions, More Than $105 Million in Fake Merchandise: Fiscal Year 2022 Yields Big Enforcement Numbers for Cincinnati CBP
CINCINNATI— U.S. Customs and Border Protection (CBP) officers and specialists in Cincinnati posted record-breaking numbers of enforcement actions during Fiscal Year 2022. From October 1, 2021 through September 30, 2022, …
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MIsc. News
Louisville CBP Seize Over $260M in Counterfeits & More Than 21,000 Pounds of Narcotics in Fiscal Year 2022
LOUISVILLE, Ky—During a 12-month timeframe, U.S. Customs and Border Protection (CBP) officers in Louisville have seized thousands and thousands of packages that contain counterfeit items, agricultural pests, or narcotics shipped …
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Business News
Indian government to borrow a record 16 trillion rupees in fiscal 2023/24 – Reuters poll
by Reutersby ReutersBy Vivek Mishra BENGALURU (Reuters) – The Indian government will borrow a record 16 trillion rupees ($198 billion) in the fiscal year to March 2024, according to a Reuters poll …
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Department of Justice Press Releases
The U.S. Attorney’s Office For The Northern District Of Florida Collects $4.3 Million Dollars In Civil And Criminal Actions In Fiscal Year 2022
by DOJ Pressby DOJ PressTALLAHASSEE, FLORIDA – Jason R. Coody, United States Attorney for the Northern District of Florida announced today that the Northern District of Florida collected $4,367,699.63 in criminal and civil actions …
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Business News
Pakistan to take fiscal measures set by IMF to meet budgetary targets
by Reutersby ReutersBy Asif Shahzad ISLAMABAD (Reuters) – Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet its budgetary targets for the 2022-23 financial year, finance minister …
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Department of Justice Press Releases
Markenzy Lapointe Toma Juramento al Cargo de Fiscal Federal del Distrito Sur de Florida
by DOJ Pressby DOJ PressMIAMI – Markenzy Lapointe prestó juramento hoy como fiscal federal del distrito sur de Florida ante la jueza presidente del distrito federal de los Estados Unidos, Cecilia M. Altonaga. Nombrado …
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BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved a budget of 3.35 trillion baht ($100 billion) for the fiscal year 2024. The new budget is 5.18% bigger than the previous …
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Business News
Analysis-Fall in India nominal GDP growth in FY24 to challenge fiscal math
by Reutersby ReutersBy Ira Dugal MUMBAI (Reuters) – India’s nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget …
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Business News
Brazil real to remain under pressure as fiscal changes weigh – Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s real will stay under pressure while the new government mulls fiscal reforms to allow for higher welfare spending, but losses should subside …
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Department of Justice Press Releases
Criminal Prosecutions Significantly Increase Under Leadership of United States Attorney Will Thompson during Fiscal Year 2022
by DOJ Pressby DOJ PressCHARLESTON, W.Va. – United States Attorney Will Thompson had a momentous first year as the chief federal law enforcement officer for the Southern District of West Virginia. A series …
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Department of Justice Press Releases
Middle District Of Florida U.S. Attorney’s Office Collects More Than $168 Million In Civil And Criminal Actions In Fiscal Year 2022
by DOJ Pressby DOJ PressTampa, FL ― U.S. Attorney Roger B. Handberg announced today that the Middle District of Florida (MDFL) collected $168,330,189 related to criminal and civil matters in the fiscal year ending …