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Thailand's parliament started debate on Monday on a budget bill that projects a bigger 700 billion baht ($22.41 billion) deficit for the 2022 fiscal year starting Oct. 1, as the government attempts to revive an economy hit by coronavirus outbreaks. ....
Higher oil, weaker rouble could improve outlook - analysts Sovereign wealth fund seen above $200 bln this year But weak rouble and social spending could fuel inflation MOSCOW, Feb 25 (Reuters) - Rising oil prices and a weak rouble could boost Russian state coffers before a parliamentary election this autumn, giving the authorities more leeway for social spending despite the risk of fuelling inflation. This year’s budget deficit is forecast to come in at 2.4% of gross domestic product (GDP), but Russia could end up with a surplus and even pocket up to $25 billion in additional revenues from higher oil prices and a weak rouble, analysts say. ....