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The budget for 2013-14 had to achieve several pressing but potentially conflicting goals. Perhaps, the finance minister's most important objective was the need to contain the fiscal deficit. Successive years of government profligacy resulted in a
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An article in an upcoming issue of the magazine Inside Policy is getting attention in political circles for its critique of the government's budget process and for the fact it was written by two former Finance Department officials. But MPs on both
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Video Video Economy Yes, some economists argue that budget deficits are sustainable provided they do not grow faster than the increase in revenues. But man is born into sin, and that includes finance ministers. Governments that run deficits in normal
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The Bank of England must decide this week whether to pump out more cash stimulus to boost a British economy at risk of its third recession since the 2008 global financial crisis. BoE policymakers holding a regular monthly meeting that concludes on
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On Tuesday, March 5, 2013, the United States House of Representatives passed Congressman Luke Messer's first bill, H.R . The legislation requires the annual budget submission of the President to Congress to include the cost-per-taxpayer of the
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Pakistan's economy has the ability to navigate through choppy waters and the economic potential this country holds encourage all to become a part of the country's future. The Governor State Bank of Pakistan (SBP) Yaseen Anwar at Pakistan Navy War
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Topics Federal Reserve Vice Chair Janet Yellen addresses the 29th National Association for Business Economics Policy Conference in Washington March 4, 2013. As western economies hit another pothole in their stuttering post-crisis recoveries, pressure
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Salt Lake County and several economic development groups say the hotel is needed to attract large-scale convention business that could pour millions into Utah's economy. Carlene Walker, a former senator and now an officer in Visit Salt Lake, said
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March 5, 2013 It's remarkably difficult to find an economist who thinks the spending cuts ripping through the budget since last Friday amount to a good idea. It's a disaster, but a slow rolling one, said Jared Bernstein, former chief economic adviser
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New Delhi, March 5, 2013 PTI File photo shows a farmer at his field near Motihar in East Champaran district of Bihar. The Comptroller and Auditor General (CAG), in a report tabled in Parliament on Tuesday, pointed out that several ineligible farmers
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