-
7 Jun 17
The Australian economy has broken the global record for staying recession free, with official figures published today marking 26 years of consecutive growth for the country.
-
6 Jun 17
South Africa’s economy slipped back into recession for the second time in 10 years in the first three months of 2017.
-
6 Jun 17
Iraq is to pass a supplementary budget in order to secure an $800m loan tranche from the International Monetary Fund.
-
5 Jun 17
Governments should move towards a more “empowering” role to combat the negative by-products of globalisation, according to the OECD.
-
5 Jun 17
South Africa has avoided further damaging downgrades from ratings agencies in the past week, but continuing political turmoil remains a risk.
-
5 Jun 17
Fiscal policy has a critical role in tackling two of the major challenges facing Asia and the Pacific in the coming decades – ageing and inclusivity – the International Monetary Fund’s deputy...
-
5 Jun 17
The World Bank has sounded the alarm over large deficits and rising debt in emerging and developing markets in its latest report on global economic prospects.
-
2 Jun 17
Brazil has emerged from the worst recession in its history, reporting instead its fastest growth rate in nearly four years.
-
31 May 17
Pakistan’s finance minister has called upon treasury officials to “continue the hard work” in order to fulfil targets outlined in the country’s 2017-18 budget, unveiled last week.
-
31 May 17
The Philippines is at a critical juncture in its urbanisation process, which has driven growth but could see this slow due to poor infrastructure and complicated regulations.
-
30 May 17
US president Donald Trump has steered away from commitments on limiting climate change reaffirmed over the weekend by other wealthy economies.
-
26 May 17
The International Monetary Fund has again urged Ukraine to press ahead with its reform efforts in order to unlock growth and the next round of bailout funding.
-
25 May 17
New Zealand expects a surplus of around $5bn by 2021, according to its 2017 budget, which plans lower taxes and investment in services and infrastructure to make the most of this position.
-
25 May 17
The International Monetary Fund has approved a $5.5bn loan package to help rebuild the Mongolian economy after it was battered by the slump in commodity prices.
-
24 May 17
Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
-
24 May 17
US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
-
23 May 17
The World Bank has highlighted Malaysia’s success in achieving high levels of financial inclusion, particularly through the use of mobile phones and banking agents.
-
19 May 17
The International Monetary Fund has lifted its growth forecast for South Africa to 1% as two factors weighing on the economy – drought and depressed commodity prices – dissipate.
-
19 May 17
Japan has enjoyed its longest growth streak since 2006, with its economy expanding for the fifth consecutive quarter in the first three months of this year.
-
16 May 17
The relationship between inequality is not uniform – it depends where in the world you look
-
15 May 17
Germany should look to refine its revenue projection models, which are repeatedly off the mark and encourage overly tight purse strings, the International Monetary Fund has said.
-
15 May 17
The Greek economy has slipped back into recession, while the government has shaved almost one percentage point from its growth forecasts for 2017.
-
12 May 17
German tax revenues are to overshoot estimates by €7.9bn according to finance minister Wolfgang Schäuble, who promised to cut tax in light of the better-than-expected figures.
-
11 May 17
New French president Emmanuel Macron should meet his pledge to bring the country’s deficit back in line with European Union spending rules this year, according to the European Commission.
-
11 May 17
A pledge to create 810,000 new public sector jobs in South Korea could be realised following the election of new president Moon Jae-in this week.