Economic growth depends on deregulation, tax cuts and the budget deficit, not on the balance of trade.

For 2024, Indonesia had a current account deficit of $8.9 billion, equivalent to 0.6% of GDP, Bank Indonesia said, widening ...

Indonesia's current account deficit widened in 2024 as its merchandise trade surplus shrank amid weaker global demand, the ...

The national debt is the total amount of money a country’s government owes to its creditors. A higher national debt can affect personal debt through increased interest rates, reduced benefit programs ...

The state would be short about $1.6 billion by the end of the 2028 fiscal year and nearly $4 billion by the end of the 2029 fiscal year.

The Philippines opened 2025 with a dollar deficit that was almost as big as the shortfall seen during heightened market ...

Member benefits are at the heart of pension schemes and any plan to allow surpluses to be paid out will need to take account ...

Veteran banker Kotak believes President Trump’s intent to correct US trade deficit with India may put an additional load on ...

Santanu Sengupta, chief India economist at Goldman Sachs, noted that energy purchases have become a key component of evolving ...

U.S. Treasury Secretary Scott Bessent explains why shifting US debt issuances to long-term is a "long way off," even though ...

A perfect storm of rising costs and declining revenues is stressing many US city budgets – and the Trump administration isn’t ...

Federal Reserve officials deliberated whether to slow down or pause the runoff of their nearly $6.8 trillion asset portfolio at their meeting last month as they face complications in the months ahead ...