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7 Sep 20
Sweden plans to invest billions of kronor in healthcare and help for the elderly, along with giving local governments large cash boosts, as the country recovers from the Covid-19 pandemic.
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27 Aug 20
The Swedish Government is set to spend an “historic” SEK 100bn ($11.5bn) in its upcoming budget, in bid to help the country’s economic recovery from Covid-19.
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21 Aug 20
A £16bn pay rise for Brazilian civil servants has been blocked by the president and the government’s lower house, amid the country’s public finances suffering because of Covid-19.
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14 Aug 20
A $1trn impasse between the two main political parties is blocking the US government from agreeing its next tranche of Covid-19 stimulus.
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13 Aug 20
Kyrgyzstan should “aggressively” strengthen its health, social protection and employment systems if it is to meet the development challenges posed by the Covid-19 pandemic, a report has urged.
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4 Aug 20
France’s home carers will each be given a ‘Covid-19 bonus’ in recognition of their work taking care of many of the nation’s elderly and people with disabilities.
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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21 Jul 20
EU leaders have agreed a “massive” €750bn Covid-19 recovery package to help the 27 member states’ economies bounce back after the pandemic.
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16 Jul 20
Further high-level spending on health and social assistance programmes will be needed in Indonesia once the Covid-19 pandemic is over, the World Bank has said.
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10 Jul 20
France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
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7 Jul 20
Proponents of universal basic income believe their case has been strengthened by the sudden shock of the pandemic, with several countries implementing emergency schemes, but what form should it take...
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30 Jun 20
The Australian government is making its largest ever investment in cyber security, through a commitment to spend more than $1bn over the next decade.
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30 Jun 20
Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
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16 Jun 20
No new taxes have been levied to deal with the public finance toll of Covid-19 in Pakistan’s new budget, in which the government outlined a huge stimulus package and a sizeable hike in defence...
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2 Jun 20
Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
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2 Jun 20
Budget transparency is more important than ever amid the Covid-19 pandemic, but most governments fail to reach a decent standard of openness, an expert and advocate for accountability has told PFF.
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
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22 May 20
Australia has halved the number of people’s wages it expects to subsidise as part of its Covid-19 economic rescue package, blaming reporting errors for the confusion.
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22 May 20
The Covid-19 pandemic is having a huge impact on governments around the world. With many local governments struggling to find the money to continue to provide frontline services at a time when...
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7 Apr 20
Millions of job losses resulting from the coronavirus pandemic are putting governments around the world under huge financial pressure to meet unemployment payments.
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3 Apr 20
Asian governments have introduced radical fiscal policy measures to beat the impact of COVID-19. Muhammad Afnan Alam, who works in the Auditor General of Pakistan’s office, details their responses.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.
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17 Mar 20
France is mobilising €45bn to help keep its economy afloat, the finance minister announced, after president Emmanuel Macron declared the country was “at war” with the coronavirus.
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17 Mar 20
While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy, writes IMF...