The Federal Government is expected to post a narrower-than-expected budget deficit for the 2009/10 financial year, an investment bank says.
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The Federal Government is expected to post a narrower-than-expected budget deficit for the 2009/10 financial year, an investment bank says.
South Australia recorded a & #36;233 million budget deficit in 2008/09, some & #36;32 million better than forecast, the state government says.
US Treasury Secretary Timothy Geithner has vowed to lower the double-digit US budget deficit to 3.0 per cent of economic output in the & quot;medium term & quot;.
The US government ran a record & #36;US1.4 trillion ( & #36;A1.5 trillion) budget deficit for the 2009 fiscal year that ended last week, congressional analysts say.