Tax cuts could raise $1 trillion, CBO says

More than a year after the Tax Cuts and Jobs Act passed the U.S. House of Representatives, the nonpartisan Congressional Budget Office says it expects revenue to grow by $1.3 trillion, or about 3.5 percent, over the next 10 years.That’s a far cry from the $1 billion in revenue the administration had projected at the […]

India’s $9 billion stimulus plan could be a boon to the struggling Bhutan economy

India’s economy is on the brink of a third recession since 2015.The central bank announced on Thursday that its economy is now growing by 2.3 per cent annually, the weakest pace since 2009.Its GDP growth was estimated at 1.7 per cent in the March quarter.In the first three months of 2017, GDP grew by 3.7% […]