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Nation 17 May 2018 | 2:38 AM

Finance Ministry: Fiscal reform under way, SST to be re-introduced

PETALING JAYA: The fiscal reform initiative is under way following the announcement that the Goods and Services Tax (GST) will be zero-rated from June 1, says the Finance Ministry.

World 11 Jun 2016 | 5:34 AM

Peru's Kuczynski tightens proposed target for fiscal deficit

LIMA (Reuters) - Incoming Peruvian President Pedro Pablo Kuczynski has scratched his proposal to widen the fiscal deficit to 3 percent of gross domestic product after credit rating agencies expressed concern, his pick for finance minister Alfredo Thorne said on Friday.

World 19 Feb 2014 | 11:27 PM

Czechs give up EU rights charter opt-out, plan joining fiscal pact

PRAGUE (Reuters) - The Czech Republic's new centre-left government signalled a turn away from the euro-scepticism of the previous government on Wednesday, when it opened debate on joining the EU's fiscal compact and said it would give up an opt-out from a pact on human rights.

World 12 Jul 2014 | 10:44 PM

India finance secretary defends 4.1 percent fiscal deficit target

NEW DELHI (Reuters) - India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

World 14 Jan 2015 | 11:10 AM

Japan finance minister calls for drastic fiscal reform to balance budget

TOKYO (Reuters) - Finance Minister Taro Aso said on Wednesday that Japan must tackle drastic reform on both spending and tax revenues to achieve its aim of balancing the primary budget by the fiscal year ending in March 2021.

World 02 Sep 2011 | 12:00 AM

Japan PM says must be realistic on fiscal reform

TOKYO (Reuters) - Japanese Prime Minister Yoshihiko Noda pledged to quickly target fiscal reforms to rein in the country's huge debt as he took power on Friday, but -- in a nod to worries about tax hikes -- said he would be realistic about such measures.

World 26 Feb 2009 | 12:00 AM

U.S. House clears $410 bln spending for fiscal 2009

WASHINGTON (Reuters) - The Democratic-controlled U.S. House of Representatives approved a $410 billion bill on Wednesday to fund government operations through the end of fiscal 2009, despite Republican objections to additional spending.

Nation 12 Mar 2009 | 12:00 AM

Fiscal deficit acceptable in economic crisis

Higher fiscal deficit is acceptable in times of economic crisis, more so when it is only for a short term, says Deputy Prime Minister Datuk Seri NajibTun Razak.

World 09 Nov 2012 | 12:00 AM

Obama says tax hike on rich should be part of fiscal deal

WASHINGTON (Reuters) - Newly re-elected President Barack Obama offered on Friday to deal with Republicans to avert a looming U.S. fiscal calamity but insisted a tax increase for the very rich must be part of the bargain.

World 22 Dec 2012 | 12:00 AM

Obama tries to rescue fiscal talks for post-Christmas deal

WASHINGTON: The White House on Friday tried to rescue stalled talks on a fiscal crisis after a Republican plan imploded in Congress, but there was little headway as lawmakers and President Barack Obama abandoned Washington for Christmas.