European Union leaders meet in Brussels to finalize a vital loan for Kyiv. Hungary's Viktor Orban is obstructing the funding, demanding Ukr...

Global oil prices have surged following strikes on Iran, reaching their highest point since July 2024. However, this price increase is not ...

The IMF approved an $8.1 billion loan for Ukraine, anchoring a $136.5 billion international support package to maintain economic stability ...

European Union leaders have approved a 90-billion-euro loan for Ukraine. This financial package will help Kyiv address its budget shortfall...

Russia has faced myriad sanctions from the West over the conflict in Ukraine, including restrictions on Russian oil purchases as well as a ...

The US budget deficit has increased to $1.7 trillion, posing potential challenges for President Joe Biden's reelection campaign. The defici...

Russia may miss its revenue target for 2024 and be forced to increase business taxes if the rouble strengthens more than expected and econo...

Moscow is spending heavily on its armed forces as it prosecutes what it calls a "special military operation" in Ukraine, and social spendin...

Russia will not use excess oil revenues to purchase foreign currency on the open market this year, as prescribed by its budget rule. On Thu...

The ministry also said the budget deficit for January was 1.77 trillion rubles ($23.9 billion), about 60% of the shortfall that had been pl...

Authorities are turning cautious because India needs foreign inflows to bridge the deficits. The people said that while authorities won’t c...

Saying the U.K. faces "unprecedented global headwinds," Treasury chief Jeremy Hunt is unveiling tax increases and spending cuts in a speech...

With Russia at war with Ukraine and China's military becoming more assertive, Frydenberg foreshadowed "further investments in defense and n...

"With the likely deferral of LIC IPO to FY23, the budget shortfall for FY22 will be huge, and the pressure on Reserve Bank of India, public...

An office memorandum issued by the Budget Division of the Ministry of Finance informed all departments and ministries that the last date fo...

At present, Belarus and Russia are key suppliers of Potash in the global market. On the other hand, India is a major importer of Potash, wh...

The shortfall comes after Ukraine's gross domestic product (GDP) fell by 5.3% in the third quarter of 2014 as the country, the State Statis...