Iraq Bulletin

Tag : government spending

Business

South Korea starts 2026 with 11.3 trillion won surplus

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SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax revenue reached 52.9 trillion won in the month, up 6.2 trillion won from a year......
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Modi’s fiscal strategy propels India’s GDP growth to 6.2% in Q3

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India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties....
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Trump orders halt to penny production over high manufacturing costs

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Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal prices....