Expansionary fiscal policy is commonly used during a recession as a government tool to stimulate economic activity.
Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care ...
Ultimately, fiscal policy serves as a critical mechanism for governments to steer economic activity, promote growth, and ...
Fiscal policy essentially targets aggregate demand. Companies also benefit as they see increased revenues. However, if the economy is near full capacity, expansionary fiscal policy risks sparking ...
Unemployment benefits and other social spending are also designed to rise during a downturn. These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary ...
Graphic by Son Min-kyun “Tight until now... from this year, should operate an expansionary fiscal policy” According to the results of the '2025 Economic Outlook Survey' conducted by CHOSUNBIZ ...
PRESIDENT Bola Tinubu’s proposed 9.77 per cent increase in the 2025 budget from N49.7 trillion to N54.2 trillion is a double-edged sword. While a bigger budget may be necessary to address urgent ...
Pro-growth consumption-stimulating measures such as the digital wallet have added to fiscal pressures in Thailand, the World Bank said.