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Budgeting

Fiscal Policy Ministry of Finance Debt Management State Budget Deficit Management Deficit Municipal Budget Taxation Deficit Reduction Debt Issuance

Frankfurt Reports Record 2025 Budget Gap Despite Strong Tax Revenues

The finance chief warns of rising costs outpacing even robust revenues.

France Trims 2026 Growth Outlook, Lifts Inflation, Keeps 5% Deficit Target

Moody's Leaves France at Aa3, Keeps Negative Outlook

CAG Audits Expose Mounting Fiscal Strain in Telangana, Himachal and Maharashtra

Brazil’s Treasury Mandates New Codes to Track Earmarks in 2027 Budgets

Peru's Prosecutor's Office Warns Funding Shortfall Could Halt Operations by April

Argentina Reallocates Budget to Fund Court‑Ordered Q1 Transfers to Buenos Aires

Moody’s Sees France’s 2026 Deficit at 5.2%, Casting Doubt on Government’s 5% Target

Germany Posts Lower-Than-Planned 2025 Borrowing as Core Budget Technically Exceeds Debt Brake

N.S. Auditor General Flags $1.6B in 2024–25 Spending Without Prior Legislative Approval

France Sets Record €310 Billion Borrowing Plan for 2026 Under Interim Law

France’s Budget Standoff Deepens as Senate Rejects Social Security Bill and ‘Special Law’ Looms

CAG Flags Assam’s Unrealistic Budgeting and Rising Debt in 2023–24 Audit

Brazil Cuts 2025 Budget Freeze to R$7.7 Billion as Deficit Outlook Worsens

Tasmania Unveils Interim Budget With Debt Set to Double as Major Repairs Wait

Treasury Shuts Emergency Reserve to Public‑Sector Pay and Tightens Access Ahead of Budget

Italy Approves Fiscal Plan Setting 2025 Deficit at 3%

IW Report Says Germany’s €500 Billion SVIK Replaces Core Budget Spending

Russia to Gradually Cut Budget Oil Threshold, Tap Wealth Fund to Plug Deficit

Hamburg Posts Smaller 2024 Surplus as Senate Touts Stability, Critics Flag Risks