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15 Sep 23
New Zealand’s budget will not return to a surplus until 2026-27 according to its latest forecast – a year later than previously planned.
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8 Sep 23
Plans to bring new countries into the BRICS economic bloc might not have many economic benefits in the near future, an analyst has warned.
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21 Jul 23
Cancelling religious public holiday could increase revenue for NATO country
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6 Jun 23
The world economy is “precarious” in the context of high interest rates, slow trade and huge debt pressures, the World Bank has said as it released its latest Global Economic Prospects report.
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23 May 23
The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
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9 May 23
The best way to reduce sovereign debt is by boosting economic growth. By tapping the hidden value in its balance sheet, governments can exit the crisis faster and more sustainably, writes Dag Detter.
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28 Apr 23
A World Bank programme aimed at boosting Bangladesh’s hope of reaching ‘upper-middle-income’ status by 2031 had been approved and backed with $1.25bn of financing.
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28 Mar 23
The 2020s are looking like a “lost decade” with the maximum level of growth achievable without causing inflation falling to a 30-year low, the World Bank has suggested.
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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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7 Mar 23
China will target “around 5%” economic growth this year – a lower show of ambition than the ruling Communist Party has shown on that front in decades despite the end of lockdown restrictions.
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13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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31 Oct 22
Japan will spend trillions of yen to help households through the energy crisis and to support young families in a bid to boost the country’s sluggish growth.
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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13 Oct 22
China needs to rebalance its economy in order to meet its emissions goals and dampen the threat of climate change, according to the World Bank.
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12 Oct 22
Inflation, the energy crisis and stresses in the three biggest economies will hit global output, according to new forecasts.
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11 Oct 22
Japan’s “robust” governance and improving public finances were enough to maintain investor confidence despite low growth prospects and ever-high debt levels, as rating agency Fitch affirmed its...
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27 Sep 22
A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
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16 Sep 22
Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
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24 May 22
Experts are divided on whether bond yield behaviour indicates that a recession is on its way
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12 May 22
The Lebanese political establishment is “completely out of touch with reality” according to a United Nations report that had particularly harsh words about the country’s central bank’s role in the...
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9 May 22
Donald Trump’s $2trn package of tax cuts failed to deliver the promised increased investment in the US economy, a paper from the International Monetary Fund has found.