SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax...
Tag : government spending
Egyptian Prime Minister Mostafa Madbouly announced Saturday that industrial projects in the Qantara West Zone are expected to generate between $3 billion and $4 billion annually in export revenues once fully operational. The area forms...
India's economy grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according to data released by the National Statistical Office (NSO). The...
President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial...