SIX SRIs, PUBLIC FINANCE TO CREATE RM13 BILLION FISCAL SPACE

KUALA LUMPUR, July 5 -- Six strategic reforms initiativesannounced today, which includes the Public Finance SRI, aims to create RM13billion in fiscal space and complete the framework for the EconomicTransformation Programme. The SRIs are the second critical component of the ETP in addition to the 12National Key Economic Areas in a bid to boost the nation''s ...

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Greek fiscal survival vital for euro zone: FinMin

ATHENS - Greece will stave off default not only for its own sake but because its survival is vital for the euro zone and the global economy, Greek Finance Minister Evangelos Venizelos told Reuters on Monday.

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Fiscal discipline, restrictions on govt borrowing necessary to contain inflation: SBP

KARACHI : The State Bank of Pakistan has said that fiscal discipline and restrictions on Government borrowing from SBP are necessary to contain inflationary expectations, which have become ingrained in recent months, according to State Bank’s Third Quarterly Report on the State of Pakistan’s Economy for FY11 released today.

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The seven rules of fiscal policy

GREECE is insolvent. It could go bust at any time

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Job, service cuts cloud dawn of Detroit fiscal year

Detroit — The city started its new fiscal year Friday amid the uncertainty over pending cuts to services and jobs in the wake of an 11th-hour agreement to restore $25 million to the budget.

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Revenue Department Releases Fiscal Year 2010-2011 Collections

HARRISBURG, Pa., July 1, 2011 /PRNewswire-USNewswire/ -- Pennsylvania collected $3.2 billion in General Fund revenue in June, which was $246.1 million, or 8.3 percent, more than anticipated, Secretary of Revenue Daniel Meuser reported today.

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Illinois governor signs budget but state’s problems mount

CHICAGO - Just hours before a new fiscal year was to begin, Illinois Governor Pat Quinn on Thursday signed a new state budget after vetoing $376 million in spending approved by the General Assembly.

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News N Economics: Retail Sales and Fiscal Policy in Europe

But look at this data in a panel and note the deleterious nature of fiscal austerity amid the strong desire to save on the part of Spanish households. Marshall's right, this is 'economic deterioration', plain and simple. ...

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What About Paris?: The Economist: Fiscal Angst and Agony in Greece.

Yesterday's The Economist tries to make sense of the ongoing and painful debate in debt-ridden Greece over a fiscal rescue plan. See "What have we become?" Excerpt: Theodoros Pangalos, the famously blunt deputy prime ..

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State budget woes as new fiscal year approaches

Despite all the heated rhetoric and the gloomy economic forecasts, most states will start the new fiscal year Friday with budgets in place.

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