budget deficit 3

British Conservative government's tax cuts lead to a sharp drop in the exchange rate as the fiscal deficit widens

The British pound saw its biggest one-day drop after the Conservative government announced on the 23rd that it would cut taxes and increase fiscal spending to strengthen the economy. “The pound plunged as high-risk public borrowing raised concerns about a worsening cost of living crisis,” the Associated Press reported. The Finance Minister announced a comprehensive tax cut policy, saying that it..

경제 2022.09.24

Trade deficit widening Export growth and sharp decline The government’s ‘V rebound from stocks’

Exports increased by 15.2% in January, halving from 31.9% in November of last year, resulting in a trade deficit of $4.89 billion for the second month in a row. In the economic growth system of the corona stock economy rebound, the increase in imports is greater than the chronic exports, and the trade deficit and the fiscal deficit overlap, creating a twin deficit. According to the IMF data on t..

카테고리 없음 2022.02.01

115 trillion additional budget for fiscal expansion against interest rate rise, stiffening expenses

An additional budget of 115 trillion won is put into operation due to the expansion of the money supply in preparation for a rise in interest rates. Following the 67 trillion won last year, the 15 trillion won in March this year, the 115 trillion won supplementary budget was put into the 33 trillion won supplementary budget in June to stimulate domestic demand, and it was packaged as a rigid exp..

카테고리 없음 2021.06.29