Federal budget 2026 News
Latest conceptually matching events and reports for Federal budget 2026.
Pakistan Achieves Major Fiscal Milestone with Record Deficit Reduction.
Pakistan has reported a significant improvement in its fiscal health for the 2025 fiscal year, with the budget deficit narrowing to 5.38% of GDP, outperforming IMF and government projections through disciplined spending and robust revenue growth.
US Economic Growth Accelerates in Q1 2026 Amid Geopolitical Headwinds.
The US economy saw a real GDP growth of 2% in Q1 2026, marking a recovery from the previous quarter, despite pressures from inflation, rising energy costs linked to the Iran conflict, and a fluctuating labor market.
Fiscal Stability Achieved: Revenue Expansion Powers Primary Surplus to 5.4%.
Analysis reveals that the recent attainment of a 5.4% primary surplus is primarily driven by significant improvements in revenue collection rather than aggressive expenditure cuts, marking a shift in fiscal consolidation strategies.
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US Senate Advances Budget Strategy to Break Immigration Funding Deadlock.
The US Senate has passed a budget resolution using the reconciliation process to bypass opposition and secure $70 billion in funding for ICE and CBP, ending a prolonged standoff.
