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US budget gap soars to $1.7 trillion

The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell...

Budget deficit soars by 54% from July-September – report

Pakistan's budget deficit in the first three months of the fiscal year 2022-23 has alarmingly soared to Rs 808 billion, which is 54% higher...

Budget deficit likely to swell by Rs3,797 billion in FY2022-23: sources

ISLAMABAD: Amid damages caused by floods in Pakistan, the budget deficit is likely to swell by Rs3,797 billion in the current fiscal year of...

Country’s budget deficit soars to Rs484bn

The country's budget deficit soared to Rs 484 billion during the first quarter of the current financial year.

Saudi projects higher 2020 budget deficit, cuts spending

The statement released following a cabinet meeting chaired by King Salman said Riyadh would also cut spending for next year in a rare belt-tightening measure.

Govt to present ‘mini budget’ in NA today

ISLAMABAD: After the approval from the federal cabinet, government is all set to present its first 'mini budget' Tuesday (today) in the National Assembly....

Saudi budget deficit halves after reforms, oil rebound

RIYADH: Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said on Sunday, following sweeping spending cuts...

Saudi plans up to $17.5 bn in first bond issue: Bloomberg

RIYADH: Saudi Arabia plans to raise up to $17.5 billion from its first international bond issue, Bloomberg News reported on Wednesday, as analysts expect...

Pakistan’s budget deficit has decreased, says Dar

ISLAMABAD: Federal Minister for Finance Ishaq Dar has said that no one will be allowed to use their political influence for getting their loans waived off, ARY News reported.
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