#fiscal-policy

#fiscal-policy

The budget for the fiscal year 2025-2026 ramps up defence spending to 2.55 trillion rupees ($9bn), up 20 percent from the current fiscal year.

Stride's insistence at a speech in London that never again would the Conservatives offer up a largely unfunded package of tax cuts is the first time that the party hierarchy under its leader, Kemi Badenoch, has definitively cut itself off from Truss.

When I came to City Council, we had a budget deficit, and of course, given that it was COVID, we had run down our reserve from 25% to 15%.

The U.S. Dollar Index's decline signals a market reassessment of the dollar in light of shifting global risk and investor appetite for riskier assets.

South African equities face potential volatility, with the JSE FTSE Top 40 index down 0.33% amid profit-taking and concerns over fiscal health and politics.

The selling pressure quickly eased as investors believed that prior market reactions had already priced in much of the risk, leading to increased buying interest.