By Zhao Qian in Zhengzhou Fiscal deficits are probable and credit will be needed to keep the recovery on track, an official said Tuesday. "Fiscal expenditure next year will be very large because many projects that started this year are still under construction, and they will need more money to be...
* Analysts expect budget gap to reach 285 bln pesos * Manila seen exceeding 2009 budget gap goal of 250 bln pesos MANILA, Sept 25 - The Philippines' budget deficit will hit 285 billion pesos...
Sept 23 - Estonia's foreign trade deficit rose to 1.4 billion Estonian kroons ($132 million) in July from a revised deficit of 553 million kroons in June, the statistics office said on Wednesday. ESTONIAN TRADE...
* NZ year-to-June deficit 5.9 pct of GDP, lowest in 5 years * Improvement boosted by weak economy, not seen sustainable * Data helps boost NZ dollar to 13-month high (Adds comment from Fitch Ratings)...
KARACHI, Sept 17 - Pakistan's current account deficit in the first two months of the 2009/10 fiscal year was a provisional $527 million, compared with a deficit of $2.68 billion in the same period last...
WASHINGTON, Sept 11 - The U.S. government posted a $111.40 billion budget deficit in August, slightly smaller than a year ago due largely to calendar shifts and matching a record period of 11 straight monthly...
* Two reports expected to show spiraling deficits * Could erode support for Obama's agenda * Republicans say White House massaging numbers WASHINGTON, Aug 25 - The White House and U.S. Congress will issue separate...
* New estimate eliminates some $250 billion from deficit * Stronger financial system eases budget projection * Worries about deficit cloud healthcare reform debate (Adds comments from Obama, Gibbs) WASHINGTON, Aug 20 - A stabilizing...
WASHINGTON, Aug 20 - A stabilizing U.S. financial sector has freed President Barack Obama to trim 2009 budget deficit projections...
* New estimate cuts $250 billion from deficit * Stronger financial system eases budget projection * Worries about deficit cloud healthcare reform debate WASHINGTON, Aug 20 -...