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13 Feb 23
Governments across Europe have spent more than three-quarters of a trillion euros on shielding households and businesses against rising energy costs, researchers have found.
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26 Jan 23
Senior politicians have urged the Singaporean government to review more than $70bn of unaudited spending during Covid-19.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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8 Dec 22
Anti-graft investigators in Malaysia have opened a case looking at alleged “misappropriation” of 600bn ringgit (£112bn) of government spending.
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6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
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18 Nov 22
Security spending and policies aimed at shielding people from inflation will leave Finland’s public finances in a weaker position, according to the International Monetary Fund.
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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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30 Sep 22
The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
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26 Aug 22
China’s leadership has urged its local governments to ramp up spending on projects to help boost the economy.
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25 Aug 22
US president Joe Biden will cancel up to $10,000 of many graduates’ federal student loans to help lighten an “unsustainable” burden on millions of working people.
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10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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8 Aug 22
The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
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5 Aug 22
The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
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19 Jul 22
Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
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8 Jul 22
South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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21 Jun 22
Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
Social housing providers face a major challenge: how to use private debt to fund new homes while investing in their existing stock.
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7 Jun 22
German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
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31 May 22
The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
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24 May 22
A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
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6 May 22
The International Monetary Fund has urged “fiscal flexibility” from Ireland as the government faces the twin challenges of supporting the economy through inflation and keeping public finances...