Fiscal policy influences the economy through government spending ... or raising taxes to rein in inflation or reduce external vulnerabilities. The longer-term aim may be sustainable growth or less ...

THIS STORY IS UNDER EMBARGO UNTIL WEDNESDAY, APRIL 23, 2025 AT 9:00 AM ET/EDT Global public debt is rising to historic levels ...

In an oil-producing country, fiscal policy might aim to moderate procyclical spending—moderating both bursts when oil prices rise and painful cuts when they drop. The crisis has had a negative impact ...

The International Monetary Fund, IMF, has advised Nigeria to be prudent in spending after the implementation of hard economic ...

Major policy shifts have increased global uncertainty, and that comes as rising debt levels in many countries are already straining public finances, the International Monetary Fund said on Wednesday.

Three economists break down the fiscal impact of the cuts for individuals and businesses. Photo Illustration: Annie Zhao WASHINGTON—Senate Republicans, torn over how much to reduce spending ...