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Discover Latest #Budget balance News, Articles and Videos with Contenting
1. Budget 2020: 5 points to watch out for The Union Budget 2020 is expected to be announced on 1 February 2020. This is the first budget of the Modi Government’s second term and the expectations from it are high. Here are 5 points to watch out for in the budget: • Tax Reforms: The government may announce tax reforms this budget in the form of tax deductions and exemptions for individuals and businesses. • Infrastructure Spending: As per the budget estimates, the government is expected to increase its spending on infrastructure projects such as roads, railways and ports. • Health Care: The government is expected to increase its spending on health care to improve the quality of health care in India. • Education: The government is likely to announce new initiatives and increase its spending in the education sector with a focus on improving the quality of primary and secondary education. • Budget Deficit: The government is expected to announce measures to reduce the budget deficit and ensure fiscal discipline in the country.
Philippines' Budget Balance Plunges to -213.0B in November 2024 - ForexTV
In a dramatic financial downturn, the Philippines' budget balance has swung from a modest surplus of 6.3 billion pesos in October 2024 to a significant deficit of -213.0 billion pesos the following month. This drastic change was officially updated on 26 December 2024.The shift marks a concerning development for the country's fiscal policy, reflecting potential challenges in revenue collection or increased government spending. The November 2024 figures point to the most substantial monthly deficit in recent records, raising questions about the economic strategy moving forward.As policymakers in the Philippines assess the implications of this abrupt fiscal change, eyes will be on the government's next steps to address the budgetary gap. Analysts will be closely watching economic reforms and budgetary policies, scrutinizing how they might steer the nation back toward financial stability in the months ahead. The data serves as a critical marker for economic management and may influence future fiscal decisions in the region.The material has been provided by InstaForex Company - www.instaforex.com