Total:5
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2024-04-08 22:59
Israel’s budget deficit rises amid Gaza war
Israel’s fiscal deficit grew to 6.2 percent of gross domestic product (GDP), or NIS 15 billion ($4 billion), in March over the prior 12 months, as the cabinet pours billions of shekels into funding the ongoing war against Gaza, according to preliminary figures released by the Finance Ministry Monday.
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2021-11-19 23:14
Biden’s “Build Back Worse Act”
TEHRAN - Contrary to Joe Biden’s promise that his climate change and social policy package plan (dubbed “Build Back Better Act”) would pay for itself, a nonpartisan agency has cast serious doubt on the U.S. President’s legislation proposal.
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2021-09-27 17:30
U.S. Fed warns of "severe damage" over debt default
TEHRAN - The chairman of the U.S. Federal Reserve called on lawmakers to raise the nation's borrowing limit urgently on Wednesday, warning that failure to pay government debts would do "severe damage" to the economy.
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2021-09-04 11:54
‘Managing budget deficit a priority of Economy Ministry next year’
TEHRAN – Iranian Finance and Economic Affairs Minister Ehsan Khandouzi has said controlling budget deficit will be the main priority of his ministry in the next Iranian calendar year (begins in March 2022), IRIB reported.
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2021-08-22 13:33
Iran could face a $71b budget deficit in current fiscal year: MP
TEHRAN – Head of the Iranian Parliament’s Economic Committee has said the country could face up to three quadrillion rials (about $71.4 billion) of budget deficit in the current Iranian calendar year (ends on March 21, 2022), Mehr News Agency reported on Sunday.