Economy8 years ago
US budget deficit widens to $587 billion
The US budget deficit widened to $587 billion for the fiscal year 2016 on slower-than-expected revenues and higher spending.
budget deficit
US budget deficit widens to $1.7 trillion amid ballooning Ukraine, Israel war costs
Saudi Arabia faces budget deficit after expectations of surplus
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Saudi Arabia8 years ago
Unpaid workers protest in Saudi Arabia
The cash-strapped government has not paid a large number of foreign workers for months.
Economy8 years ago
UK can't eliminate budget deficit by 2020
British Finance Minister George Osborne has abandoned the government’s promise to eliminate the budget deficit by 2020.
Business9 years ago
Saudi mulls biggest foreign loan in 10 yrs
Saudi Arabia is seeking to borrow up to USD 8 billion from international banks amid its huge budget deficit.
Saudi Arabia9 years ago
Saudi taxing water amid 'catastrophe'
Saudi Arabia has started taxing water for residents amid the soaring cost of debt as oil revenues decline, media reports say.
Saudi Arabia9 years ago
Saudi fiscal reserves hit four-year low
Saudi Arabia’s fiscal reserves have plummeted to a four-year low due to the country’s plunging oil revenues.
Interviews9 years ago
US on track to have 'dead economy'
The US government’s spending and borrowing policies have dramatically weakened the country’s economy, an American economist says.
Economy9 years ago
US national debt to reach $30 trillion
The US government will owe $30 trillion in national debt in ten years if the country’s budget deficit continues to grow at the same rate, a new report says.
Saudi Arabia9 years ago
Riyadh to see lower growth as debt rises
A new report says Saudi Arabia is in for lower economic growth in 2016 as the country’s public debt hits 5.8% of Gross Domestic Product.
Spotlight9 years ago
Debate: Saudi budget deficit
This episode of The Debate is about Saudi Arabia's budget deficit.
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