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Last Update: ،
2026/08/20
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08:37:13
Latest News:
Foreign Minister Discusses Cooperation, Coordinating Positions with Mauritanian Counterpart
Yemen Moves to Establish National Maritime Security Committee
Deputy Foreign Minister Receives Credentials of Nigeria Ambassador
Prime Minister Celebrates Reissue Official Gazette of Republic of Yemen in Aden
Al-Khanbashi Praises Activities of "Action for Humanity" Organization
Latest News:
Foreign Minister Discusses Cooperation, Coordinating Positions with Mauritanian Counterpart
Yemen Moves to Establish National Maritime Security Committee
Deputy Foreign Minister Receives Credentials of Nigeria Ambassador
Prime Minister Celebrates Reissue Official Gazette of Republic of Yemen in Aden
Al-Khanbashi Praises Activities of "Action for Humanity" Organization
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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