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8 Dec 23
Continued growth in oil revenues could help maintain Oman’s budget surplus and bring down debt, and has contributed to a credit rating upgrade by Moody’s.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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19 Sep 23
Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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17 May 22
California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
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9 May 22
The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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13 Dec 21
High oil prices will next year allow Saudi Arabia to post its first budget surplus since 2013, according to the government.
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1 Oct 21
The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
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31 Jul 20
Japan has pushed its budget surplus target back because of the impact Covid-19 has had on the government’s finances.
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14 Jan 20
Germany recorded its largest ever budget surplus in 2019, the ministry of finance has announced.
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24 Jan 18
Japan has pushed back its fiscal targets and is expecting a primary budget surplus by 2027, two years later than previously projected.