RIGA - Latvia will allocate 3.5 percent of its gross domestic product (GDP) to direct military spending, while 1.5 percent of GDP will be allocated to areas such as cyber security, civil protection ...

India is a country of villages, with more than 60 per cent of the total population living in them. Recent government reports ...

The Council today opened a new excessive deficit procedure (EDP) concerning Austria, and revised Romania’s net expenditure path, in view of its lack of effective action.

The EU’s fiscal rules limit how much member states’ governments can spend. That’s why the EU is allowing additional budgetary ...

National health care expenditure growth expected to outpace GDP, resulting in a health share of GDP that reaches 20.3% by 2033.

Global Out of Home (OOH) spend in 2024 reached USD$46.2-billion and represented 4.8% of global ADEX — breaking through the ...

THE Department of Budget and Management (DBM) said it will maintain public spending above 20% of gross domestic product (GDP) over the medium term, with the budget expected to approach or even breach ...

Investment and consumption are domestic drivers that help stabilize economic growth, but their functions differ. Investment ...

Nigeria’s fiscal outlook for 2025 is under serious threat, according to the International Monetary Fund, which has warned that the country must urgently revise its budget targets or face a deepening ...