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15 Jun 21
Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
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10 Jun 21
The Japanese government still officially aims to reach a budget surplus by 2025 despite the impact of Covid-19 on its public finances.
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8 Jun 21
Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
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3 Jun 21
European Union governments can keep supporting their economies with huge fiscal stimulus after the bloc’s executive extended the suspension of deficit limit rules to help spur the recovery from Covid...
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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1 Jun 21
The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
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26 May 21
Growth in Central American and Caribbean nations is set to lag behind that in similarly-rated counterparts as Covid-19 exacerbates underlying financial weaknesses, according to ratings agency Fitch.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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11 May 21
A “more prosperous and sustainable future” is possible if G7 countries step up public investment in the coming decade, a group of academics has said.
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4 May 21
A tax on Argentina’s richest citizens collected 223bn pesos (£1.7bn) for the struggling government to spend on its ongoing response to the pandemic.
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27 Apr 21
Post-pandemic optimism for Norway’s economy should be tempered by longer-term risks such as an oil revenue slowdown and its ageing population, International Monetary Fund economists have said.
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20 Apr 21
Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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19 Apr 21
Rating’s agency Standard and Poor’s has revised up its ratings outlook for US local and state governments due to increased support from president Joe Biden’s rescue package.
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15 Apr 21
Efficiently shifting workers from unviable parts of the economy to growth sectors will halve medium term scarring to the European economy after Covid-19, according to a leading IMF official.
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14 Apr 21
Vietnam’s successful campaign to contain the spread of Covid-19 could lead to an upgrade to its credit rating, according to a ratings agency.
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9 Apr 21
A rise in inflation could be a desirable way to help pay off Covid-19 debt, as bond markets continue their popularity, according to a leading chief investment officer.
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8 Apr 21
Japan could supplement its record budget, passed last month, if pandemic costs rise, a senior official has said.
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1 Apr 21
The central banks of China and Brazil have the greenest policies in the G20, despite both nations having “significant environmental” issues, according to campaign group Positive Money.
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26 Mar 21
Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
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24 Mar 21
The economic disruption caused by Covid-19 will have a long-lasting impact on public finances and sovereign credit ratings, according to ratings agency Fitch.
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22 Mar 21
Emergency cash transfers to vulnerable Brazilians will stop in four months’ time because there is “no money” to continue the scheme, one of the president’s advisers has said.
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22 Mar 21
Pakistan’s new micropayments system is set to speed up pay and pension payments for 2.7 million government employees, says Muhammed Afnan Alam.
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11 Feb 21
The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.