fiscal policy Archives

Argentina settles U.S. Treasury swap obligation in full

iraqbulletin.coJanuary 16, 2026January 16, 2026

January 16, 2026January 16, 2026

MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025, according to statements from U.S....

Modi’s fiscal strategy propels India’s GDP growth to 6.2% in Q3

iraqbulletin.coFebruary 28, 2025February 28, 2025

February 28, 2025February 28, 2025

India's economy grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according to data released by the National Statistical Office (NSO). The latest figures indicate an upward...

Trump orders halt to penny production over high manufacturing costs

iraqbulletin.coFebruary 10, 2025February 10, 2025

February 10, 2025February 10, 2025

President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The...