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The Korean government proposed an expansionary budget of 604.4 trillion won for 2022, an 8.3 percent increase from the previous year. Tax revenues growing extensively backed by steady recovery, fiscal deficits are expected to decline substantially by 20 trillion won in 2022. The 2022 budget aims to help citizens recover from the pandemic, promote the…

Italy’s economy appears to be climbing out of its COVID-19 plunge. Its finances faced problems even before the pandemic, and people’s preference for cash payments hurt tax revenues. That looks to be changing now, as Al Jazeera’s Adam Raney reports from Rome, Italy. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish…