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18 Feb 22
Singapore’s finance minister has increased taxes targeted at corporations and the rich, in order to fund higher spending in the wake of Covid-19 and in the face of the city-state’s ageing population.
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17 Feb 22
Tensions in Ukraine risk the fragile global economic recovery from the Covid-19 crisis, warned Indonesian president Joko Widodo at a meeting of G20 finance leaders.
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16 Feb 22
Japan’s GDP increased by 1.7% in 2021, as the nation continued to recover from a recession exacerbated by the Covid-19 pandemic.
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16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
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9 Feb 22
Stricter social distancing measures aimed at slowing Hong Kong’s fast-growing outbreak of Covid-19 cases are expected to hit growth, and upcoming spending announcements are seen as likely to delay...
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9 Feb 22
The post-pandemic economic recovery should become less reliant on government spending, Indonesia’s finance minister has told an investment conference.
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7 Feb 22
China and Argentina have agreed to increase cooperation on trade and infrastructure, opening the door to $23bn of Chinese investment as part of the global Belt and Road Initiative.
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3 Feb 22
Pakistan will receive $1bn from a previously-stalled bailout package after the International Monetary Fund’s executive board agreed it had made sufficient progress on policy reforms.
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2 Feb 22
The Indian government is set to launch its first sovereign green bond as part of its 2022-23 budget, to help finance public sector projects geared at reducing reliance on carbon-intensive industries...
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28 Jan 22
Japan will need to increase tax revenue to contend with major challenges such as its huge public debt and ageing population according to International Monetary Fund economists.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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19 Jan 22
Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
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17 Jan 22
The Japanese government still officially aims to reach a balanced budget by 2025, despite the emergence of the Omicron variant of Covid-19.
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14 Jan 22
Kazakhstan’s president announced he will set up a public fund to help improve the lives of the country’s poor in the wake of recent violent unrest.
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13 Jan 22
Malaysia has said money it has recovered related to its state-owned scandal-hit fund 1Malaysia Development Berhad will only pay off the principal amount of its debt this year.
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11 Jan 22
United Nations agencies are asking donors for a record sum of aid to help people in Afghanistan through a political and economic crisis.
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10 Jan 22
Malaysia needs to accelerate efforts to improve revenue generation, to help provide more fiscal space for public spending and debt interest costs, according to the World Bank Group.
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4 Jan 22
Sri Lankan finance minister Basil Rajapaksa has announced large economic relief measures amid rising food prices but remains determined the government will meet its debt obligations, despite rating...
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22 Dec 21
China has underspent compared to its budget this year despite the economic recovery from Covid-19 slowing down.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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15 Dec 21
The auditor general of New South Wales in Australia has said she will not sign off on the state’s 2020-21 financial report while “significant accounting issues” relating to a state-owned company...
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10 Dec 21
Social protection programmes in Pakistan will benefit from $603m from the Asian Development Bank, as the government tries to implement its national anti-poverty strategy.
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3 Dec 21
Japan’s economic rebound from Covid-19 would be buoyed by spending to boost the country’s digital transformation, according to the OECD.
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30 Nov 21
The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
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30 Nov 21
Improving Pakistan’s tax collection is the key to economic stability and reducing its reliance on foreign loans, prime minister Imran Khan has said.