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Last Update: ،
2026/09/17
Time
09:04:44
Latest News:
Minister of Legal Affairs Discusses with WB Support for Legal Capacities
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Latest News:
Minister of Legal Affairs Discusses with WB Support for Legal Capacities
Amb. Nagi Discusses with Hungarian Official Developments in Yemen
Saudi Arabia: Yemeni Resident Killed, Saudi Woman and Pakistani Resident Injured by Houthi Drone Interception ..
President al-Alimi Affirms State’s Ability to Regain Initiative on Western Coast
Houthi Threats to International Shipping and Global Energy Security Discussed in Prague
Canada's federal budget deficit rises to $61.9 billion
[17/12/2024 01:23]
OTTAWA-SABA
The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.
According to Radio Canada International, Justin Trudeau's government did not hit the $40.1 billion ceiling for the federal budget deficit for the fiscal year (2023-2024), surpassing it by about $22 billion, to $61.9 billion.
The Canadian government attributed the spike in the deficit to $5.5 billion lower government revenue than expected when the budget was submitted, as well as additional $16.4 billion in expenditures pledged by the government in specific commitments.
The budget deficit for the current fiscal year (2024-2025) is expected to decrease to $48.3
The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.
According to Radio Canada International, Justin Trudeau's government did not hit the $40.1 billion ceiling for the federal budget deficit for the fiscal year (2023-2024), surpassing it by about $22 billion, to $61.9 billion.
The Canadian government attributed the spike in the deficit to $5.5 billion lower government revenue than expected when the budget was submitted, as well as additional $16.4 billion in expenditures pledged by the government in specific commitments.
The budget deficit for the current fiscal year (2024-2025) is expected to decrease to $48.3
Key words:
According - International - expenditures - commitments - government - attributed - surpassing - additional - submitted - Trudeau's -
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