Budget officials say that by 2030, there will be enough revenue to pay for just 84 percent of the state budget, forcing lawmakers to make hard spending choices.
The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive ...
The federal government ran a $257.45 billion budget shortfall to start the new fiscal year, with revenue down and spending up ...
Rising costs, increasing demand for public services and lower-than-expected tax collections have led to a projected shortfall ...
Total state revenue reached RO 8.886 billion by October 2024, marking robust growth led by the oil sector, which contributed ...
Mexico has room to boost tax revenues next year without turning to a deep fiscal reform, President Claudia Sheinbaum said on ...
René Legacy's second quarter update released today shows a worsening situation since the last update in August, which pegged ...
The new Liberal government of Premier Susan Holt is adding some asterisks to its election promises as it faces a ...
The 2025 budget plan calls for the public sector borrowing requirement--a broad measure of the fiscal deficit--to decline to 3.9% of gross domestic product from 5.9% of GDP this year. Public sector ...
Mexico’s government said on Friday that it will narrow the fiscal deficit next year even as President Claudia Sheinbaum ...