Legislation to Redistribute Surplus Animal License Fees for Cruelty Law Enforcement Advances
TRENTON, NJ – Legislation spearheaded by Senator Troy Singleton has progressed within the Senate Economic Growth Committee. This bill mandates that excess funds from animal license fees and similar charges be redirected…
Indonesia books bigger-than-expected Nov trade surplus of $5.2 billion
JAKARTA (Reuters) – Indonesia posted a larger-than-expected trade surplus last month, as imports unexpectedly contracted on a yearly basis while exports slowed, official data showed on Thursday. November imports were down 1.89%…
Russia to see huge budget deficit in Dec after Gazprom-fuelled surplus in Nov
MOSCOW (Reuters) – Russia’s monthly budget deficit could reach 3.5 trillion roubles ($55.38 billion) in December for the government to see an annual deficit at 2% of GDP as promised, after a…
Qatar’s Q3 surplus soars on higher oil and gas revenue
DUBAI (Reuters) – Qatar posted a budget surplus of 30 billion riyals ($8.19 billion) for the third quarter of 2022, boosted by rocketing oil and gas revenues, the state news agency said…
Soaring current account surplus fails to cover up cracks in Russian economy
By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s current account surplus more than doubled year-on-year to $225.7 billion in January-November from $108.6 billion, the central bank said on Friday, giving…
Brazil posts record trade surplus for November boosted by sales to China
BRASILIA (Reuters) – Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to China. According to the Economy Ministry, the…
Brazil central govt posts primary budget surplus of $5.8 billion in October
BRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above the 25.7 billion reais surplus expected by…
Canada posts C$1.72 billion surplus over first six months of 2022/23
OTTAWA, NOV 25 (Reuters) – Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23 fiscal year, helped by higher tax revenues, the finance ministry…
Bulgaria’s current account posts 1%/GDP surplus through September
SOFIA (Reuters) – Bulgaria posted a current account surplus of 770 million euros ($799.11 million), equal to 1% of economic output in the first nine months, compared to a surplus of 0.7%…
Indonesia Oct trade surplus seen at $4.5 billion as global trade weakens- Reuters poll
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday. Exports from…
Brazil’s trade surplus comes lower than expected in October
BRASILIA (Reuters) – Brazil’s trade surplus in October was lower than forecast, even though exports grew faster than imports for the first time since February, official figures showed on Tuesday. The trade…
Brazil central govt posts better-than-expected primary surplus in September
BRASILIA (Reuters) -Brazil’s central government posted a better-than-expected primary budget surplus in September, Treasury data showed on Thursday, boosted by dividends from the state-owned oil company Petrobras and higher tax revenues. The…
Indonesia Sept trade surplus seen at $4.8 billion as exports slow – Reuters Poll
JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed on Friday.…
Brazil’s Lula eyes flexible primary surplus target to replace spending cap
By Lisandra Paraguassu SAO PAULO (Reuters) – Economic advisers to Brazilian presidential candidate Luiz Inacio Lula da Silva are looking at two main ideas to replace a constitutional spending cap, including a…
S.Korea’s Yoon says current account to post surplus this year
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Tuesday the current account would be in surplus for the whole of this year despite a trade deficit in recent months, blaming…
Ireland hikes surplus forecast ahead of budget
DUBLIN (Reuters) – Ireland on Saturday almost doubled its budget surplus forecast for 2022 to 0.9% of gross domestic product thanks to booming corporate tax revenues, giving it extra resources to help…
Canada records C$6.33 billion budget surplus over first four months of 2022/23
OTTAWA – Canada recorded a C$6.33 billion ($4.67 billion) budget surplus for the first four months of the 2022/23 fiscal year, helped by higher tax revenues and the ending of coronavirus support…
Brazil government projects 2022 primary surplus of $2.6 billion, first in nine years
BRASILIA (Reuters) – Brazil’s government estimated on Thursday it will post a primary surplus this year, the first since 2013, with public accounts benefiting from booming tax revenue and hefty dividends from…
Bulgaria’s current account posts 1.0%/GDP surplus through July
SOFIA (Reuters) – Bulgaria posted a current account surplus of 803.7 million euros ($801.6 million), equal to 1.0% of economic output in the first seven months, compared to a surplus of 0.4%…
Australian trade surplus shrinks sharply in July
SYDNEY (Reuters) – Australia’s trade surplus shrank by more than expected in July as exports of iron ore and coal cooled after a very strong run, while more Australians travelled and spent…
Putin says Russia will post budget surplus this year, GDP to decline ‘around 2%’
VLADIVOSTOK, Russia (Reuters) – Russia will post a budget surplus this year, President Vladimir Putin said on Wednesday, forecasting a much shallower economic contraction than previously thought as Russia has overcome the…
China trade surplus with U.S. narrows to $36.77 billion in August
BEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations based on customs data on Wednesday. (Reporting…
Australia current account surplus balloons in Q2, boosts growth
By Wayne Cole SYDNEY (Reuters) – Australia’s current account surplus widened sharply in the June quarter as resource exports were boosted by both prices and volumes, making a sizable contribution to economic…
Brazil posts trade surplus of $4.165 billion in August, above expected
(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports again advancing at a higher pace. According…
Canada’s Alberta forecasts much bigger 2022-23 budget surplus of C$13.2 billion
(Reuters) – Canadian oil-producing province Alberta expects a budget surplus of C$13.2 billion ($10.1 billion) in the 2022-23 fiscal year, significantly higher than the C$511 million surplus estimated in its budget, helped…
Irish budget surplus may reach 2% of national income in 2022-watchdog
DUBLIN (Reuters) – Ireland’s budget surplus could reach 2% of gross national income this year, the country’s fiscal watchdog said on Wednesday, significantly ahead of the 0.5% the finance ministry forecast when…
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