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3 Dec 21
Turkey’s finance minister has left his job in the midst of a sharply declining lira and steadfastly high inflation, and will be replaced by his deputy who one week ago defended the country’s...
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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.
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22 Nov 21
The International Monetary Fund will resume a $6bn programme with Pakistan it paused in April, following negotiations that took more than a month to complete.
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3 Nov 21
The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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27 Sep 21
Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
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24 Sep 21
Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
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14 Sep 21
Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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3 Sep 21
Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
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13 Aug 21
Ballooning budget deficits in developing Asian countries have been tipped to slow their progress towards the United Nations’ 2030 development goals.
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9 Aug 21
New waves of Covid-19 have highlighted the urgency of getting more vaccine doses to people in the Asia Pacific region, the Asian Development Bank has said.
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6 Aug 21
Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
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4 Aug 21
The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
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28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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30 Jun 21
Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
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28 Jun 21
Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
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21 Jun 21
Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
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11 Jun 21
A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
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10 Jun 21
Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
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9 Jun 21
Indonesian public finances will rely heavily on the economic recovery from Covid-19 to get back on track, but ratings agency S&P Global said the government’s record is reassuring.
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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24 May 21
An immediate global effort to step up the rollout of Covid-19 vaccine doses could represent “the highest-return public investment ever”, according to the International Monetary Fund.
3 Dec 21Turkey’s finance minister has left his job in the midst of a sharply declining lira and steadfastly high inflation, and will be replaced by his deputy who one week ago defended the country’s...
30 Nov 21Improving Pakistan’s tax collection is the key to economic stability and reducing its reliance on foreign loans, prime minister Imran Khan has said.
22 Nov 21The International Monetary Fund will resume a $6bn programme with Pakistan it paused in April, following negotiations that took more than a month to complete.
3 Nov 21The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
2 Nov 21Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
27 Sep 21Turkey’s central bank has cut its benchmark policy rate despite inflation being so high that borrowing costs were already negative in real terms, a move that one economist said points to undue...
24 Sep 21Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
14 Sep 21Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
7 Sep 21Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
3 Sep 21Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
13 Aug 21Ballooning budget deficits in developing Asian countries have been tipped to slow their progress towards the United Nations’ 2030 development goals.
9 Aug 21New waves of Covid-19 have highlighted the urgency of getting more vaccine doses to people in the Asia Pacific region, the Asian Development Bank has said.
4 Aug 21The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
28 Jul 21Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
15 Jul 21An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
30 Jun 21Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
28 Jun 21Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
21 Jun 21Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
4 Jun 21Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
25 May 21Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
