An assessment of the Iranian government's financial condition during March 21-December 20, 2017, shows that although the Rouhani administration has failed to acquire more than $8.1 billion in pr+edicted monetary resources, its figures are not indicative of a budget deficit.
Iran's Parliament passed the general outlines of the budget bill for the next fiscal year (March 2018-19) after initially rejecting it over concerns that the proposed cuts could hit the vulnerable strata the hardest.
South Korea's foreign ministry said on Tuesday that it has asked for a two percent increase in its budget for next year with much of the rise earmarked for protecting Korean nationals overseas and helping less-developed countries.
S&P Global Ratings raised Indonesia’s credit rating to investment grade, bringing it in line with the other two main rating companies and paving the way for more fund inflows into Southeast Asia’s largest economy. Stocks surged to a record and the rupiah advanced.
With a budget deadline looming, President Donald Trump plans a whirlwind of activities seeking to highlight accomplishments while putting fresh pressure on congressional Democrats to pay for a wall on the US-Mexico border, even if that pressure risks a possible government shutdown.