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Month: May 2023

Australia forecasts first annual budget surplus in 15 years

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — The Australian government has forecast the nation’s first balanced annual budget in 15 years but warns that economic pressures such as inflation will push the country into deeper debt in future years. Treasurer Jim Chalmers announced the forecasted surplus Tuesday before releasing the government’s economic blueprint

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