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24 Mar 21
Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
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23 Mar 21
US president Joe Biden is considering proposals for a $3trn infrastructure, climate and job support package, according to reports.
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22 Mar 21
Elevated debt levels resulting from the Spanish government’s Covid-19 underwriting of business loans, could put stress on its future credit rating, according to ratings agency Standard and Poor’s.
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22 Mar 21
Emergency cash transfers to vulnerable Brazilians will stop in four months’ time because there is “no money” to continue the scheme, one of the president’s advisers has said.
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18 Mar 21
Global GDP forecasts for 2021 have been revised up due to the “larger than expected” $1.9trn US stimulus package, according to rating’s agency Fitch.
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17 Mar 21
A group of Democratic US politicians have proposed spending $12bn more on foreign affairs after years of flat spending.
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12 Mar 21
Public authorities will continue to play a key role in maintaining the credit ratings of international banks as the sector will remain resilient despite pandemic risks, ratings agency Standard and...
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11 Mar 21
Joe Biden’s $1.9trn stimulus package has been approved by the US Congress, in a move predicted to boost the world economy during the recovery from Covid-19 and support some of the country’s poorest...
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10 Mar 21
China’s 2021 budget has outlined more spending on defence but less support for local government as the ruling Communist Party looks towards the economic recovery from Covid-19.
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8 Mar 21
Unemployment insurance reforms aimed at reducing the deficit at state agency UNEDIC will be a credit positive move for France, according to rating’s agency Moody’s.
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23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
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16 Feb 21
Companies seeking government contracts in Saudi Arabia will need to set up regional headquarters in the country by 2024, an official has said.
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11 Feb 21
The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
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9 Feb 21
State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
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26 Jan 21
Global defence spending reached $1.93trn in 2020, after rising continuously for the past seven years, but a “noticeable slowdown” could be on the way as governments deal with the fallout of Covid-19.
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26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
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15 Jan 21
The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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6 Jan 21
Unprecedented stimulus measures taken by governments to fight the pandemic have changed the public perception of spending and debt, meaning sharp tax hikes or spending cuts would risk popular...
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24 Nov 20
Arab countries’ disproportionate reliance on the sectors hit hardest by Covid-19 means they must continue their economic investment to avoid deepening the crisis, the IMF has said.
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24 Nov 20
After Covid-19, a potential shortening of supply chains, shrinking contracts and more rigorous due diligence could spell a rise in purchasing costs.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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19 Nov 20
More sustainable public procurement practices can help governments create more equal societies, alongside addressing environmental concerns and ensuring a resilient recovery from Covid-19, a report...
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19 Nov 20
Thiago Uehara outlines the important role public procurement can play in development, helping to create more equal and sustainable societies.
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11 Nov 20
The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.