Tag: Fiscal plan

Moody's downgrades US credit outlook to negative due to rising debt concerns. Urgent action needed to address national debt issue.

Moody's warns of potential downgrade risk for US credit rating. Rising debt levels and political polarization pose challenges for consensus on a fiscal plan.

Largest union accuses Chris Hipkins of false numbers in Labour's GST policy, raising concerns about behavioral changes. Will evidence be provided?

Experts warn that Tamil Nadu risks falling into a debt trap if borrowing continues without infrastructure development and tax base widening. State budget plan to borrow INR 1,43,197.93 crore to repay old loans, with most of budgetary allocations going towards revenue expenditure. To prevent falling into debt trap, the state should focus on infrastructure development, target subsidies to those in need, and prevent leakage in the system. Investors' confidence should be boosted by creating a suitable investment environment and investing in long-term infrastructure development.