New Jersey schools are facing a fiscal cliff as the state spends $7.3 billion on illegal immigration
TRENTON, NJ – As more New Jersey schools continue to report closures, staff layoffs, and even the sale of longtime community schools because of being ‘shortchanged’ by Governor Phil Murphy’s S2 funding…
China Jan-Feb fiscal revenue shrinks despite pick-up in economy
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 was starting…
Brazil to release fiscal framework proposal before Lula’s China trip
BRASILIA (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 their trip…
Brazil fiscal framework to include rule to track spending, says Haddad
BRASILIA (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 ahead of…
Canada’s finance minister says she is preparing budget with fiscal constraint in mind
(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 inflation. “I…
Brazil’s Finance Ministry has finalized proposal for new fiscal framework, says Haddad
BRASILIA (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 other ministries…
Brazil’s work on new fiscal framework to end this week, says finance minister
(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 Lula da…
Indonesia plans to narrow 2024 fiscal deficit, sees higher GDP growth
JAKARTA (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, as President…
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand
(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, which benefited…
India ‘fairly’ confident of cutting fiscal deficit to 4.5% of GDP in 3 years -official
By 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 in the…
China’s 2022 fiscal revenue growth skids as COVID jolts economy
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 support the…
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, Cincinnati seized…
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 from criminals…
Indian government to borrow a record 16 trillion rupees in fiscal 2023/24 – Reuters poll
By 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 of economists,…
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
TALLAHASSEE, 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 in Fiscal…
Pakistan to take fiscal measures set by IMF to meet budgetary targets
By 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 Ishaq Dar…
Markenzy Lapointe Toma Juramento al Cargo de Fiscal Federal del Distrito Sur de Florida
MIAMI – 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 por el…
Thailand approves $100 billion budget for 2024 fiscal year
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 year, government…
Analysis-Fall in India nominal GDP growth in FY24 to challenge fiscal math
By 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 gap by…
Brazil real to remain under pressure as fiscal changes weigh – Reuters poll
By 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 as money…
Criminal Prosecutions Significantly Increase Under Leadership of United States Attorney Will Thompson during Fiscal Year 2022
CHARLESTON, 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 of successful…
Middle District Of Florida U.S. Attorney’s Office Collects More Than $168 Million In Civil And Criminal Actions In Fiscal Year 2022
Tampa, 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 September 30,…
China’s finance minister promises ‘appropriate’ 2023 fiscal expansion
BEIJING (Reuters) – China will step up fiscal expansion in an appropriate manner in 2023 by boosting fiscal spending and investment via local government special bonds to spur the economy, state media…
Bulgaria expects fiscal deficit of 1% of GDP for 2022
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of 3.4%, the finance…
U.S. Attorney’s Office Collects Nearly $7.7 Million in Civil and Criminal Actions in Fiscal Year 2022
KANSAS CITY, Mo. – U.S. Attorney Teresa Moore announced today that the Western District of Missouri collected $7,691,991 in criminal and civil actions in Fiscal Year 2022. Of this amount, $5,422,014 was…
U.S. Attorney’s Office Collects $41,562,706.60 in Civil and Criminal Actions in Fiscal Year 2022
(DENVER) – U.S. Attorney Cole Finegan announced today that the District of Colorado collected $41,562,706.60 in criminal and civil actions in Fiscal Year 2022. Of this amount, $4,245,736.91 was collected in criminal…
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