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17 Jul 18
The European Commission should tighten up its rules for countries with high levels of debt before the next recession, auditors have warned.
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9 Jul 18
Updating the way Official Development Assistance is recorded could change – and even save – lives in some of the poorest places in the world, says Eurodad's Polly Meeks.
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7 Jun 18
Irresponsible banks should be made to pay for reckless lending, with the costs of crises shared between borrower and lender, says Tim Jones of the Jubilee Debt Campaign.
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6 Jun 18
The new government of Barbados has launched emergency plans to deal with the country’s economic crisis and restructure public debt in the hope of achieving financial stability.
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22 May 18
Sri Lanka’s debt crisis will worsen as a series of costly projects commissioned by the former government has resulted in record-high repayments, the country’s finance minister has said.
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14 May 18
Lenders and borrowers must be “more responsible” as debt crises are growing across the globe, a charity has warned.
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8 May 18
The finance minister of Serbia has resigned as the country starts talks with the International Monetary Fund on new funding arrangements.
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3 May 18
The International Monetary Fund has approved a $191m loan for Ghana to help it restore debt sustainability and protect social spending in the country.
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3 May 18
Greek’s public finances have “markedly strengthened” but public administration is still facing challenges, the OECD has said.
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24 Apr 18
The US Federal Reserve’s decision to raise rates to a 10-year high has significant impacts on African countries seeking to finance development, says Fiona Robertson of the ONE Campaign.
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5 Apr 18
Italy’s statistics bureau ISTAT has increased its assessment of the country’s 2017 budget deficit to 2.3% of gross domestic product.
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21 Mar 18
Developing country debt payments have increased by 60% in three years, marking the highest level since 2004, figures have revealed.
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21 Feb 18
South Africa has increased its value added tax for the first time in 25 years, from 14% to 15% from 1 April, as part of efforts to cut the budget deficit.
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28 Nov 17
South African president Jacob Zuma has asked the minister of finance to identify measures to “urgently” address economic challenges, the president’s office said yesterday. ...
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24 Nov 17
Barbados should cut spending or risk its debt problems rising, according to the International Monetary Fund.
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14 Nov 17
Venezuela has been declared in default after missing interest payments on its $60bn bond debt.
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9 Nov 17
Puerto Rico is pushing for an “unprecedented” amount of funding and assistance from the US government to help it recover from the September hurricanes, an official has said.
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18 Oct 17
Stronger public financial management is key if the Guinea government is to better support its investments, the IMF has said.
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22 Sep 17
Rating agency Standard & Poor’s has downgraded China’s credit rating due rising debt, which has exposed the country to increased economic and financial risk.
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19 Sep 17
Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
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22 Aug 17
Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
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21 Aug 17
The World Bank has signed a zero-interest $200m credit with Myanmar to help with programmes that include better public debt management, increased tax collection and stronger public finance management.
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20 Jun 17
Argentina has issued a surprise 100-year bond, raising $2.75bn and prompting $9.75bn in orders from investors with apparently large appetite for Argentine debt.
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19 Jun 17
Public spending to support the Japanese economy should continue beyond 2018 in order to maintain growth, the International Monetary Fund has recommended.
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16 Jun 17
Critical bailout funds for Greece have been agreed at the eleventh hour after months of wrangling amongst creditors, with the International Monetary Fund offering conditional backing to the package.
17 Jul 18The European Commission should tighten up its rules for countries with high levels of debt before the next recession, auditors have warned.
9 Jul 18Updating the way Official Development Assistance is recorded could change – and even save – lives in some of the poorest places in the world, says Eurodad's Polly Meeks.
7 Jun 18Irresponsible banks should be made to pay for reckless lending, with the costs of crises shared between borrower and lender, says Tim Jones of the Jubilee Debt Campaign.
6 Jun 18The new government of Barbados has launched emergency plans to deal with the country’s economic crisis and restructure public debt in the hope of achieving financial stability.
22 May 18Sri Lanka’s debt crisis will worsen as a series of costly projects commissioned by the former government has resulted in record-high repayments, the country’s finance minister has said.
8 May 18The finance minister of Serbia has resigned as the country starts talks with the International Monetary Fund on new funding arrangements.
3 May 18The International Monetary Fund has approved a $191m loan for Ghana to help it restore debt sustainability and protect social spending in the country.
3 May 18Greek’s public finances have “markedly strengthened” but public administration is still facing challenges, the OECD has said.
24 Apr 18The US Federal Reserve’s decision to raise rates to a 10-year high has significant impacts on African countries seeking to finance development, says Fiona Robertson of the ONE Campaign.
5 Apr 18Italy’s statistics bureau ISTAT has increased its assessment of the country’s 2017 budget deficit to 2.3% of gross domestic product.
21 Mar 18Developing country debt payments have increased by 60% in three years, marking the highest level since 2004, figures have revealed.
21 Feb 18South Africa has increased its value added tax for the first time in 25 years, from 14% to 15% from 1 April, as part of efforts to cut the budget deficit.
28 Nov 17South African president Jacob Zuma has asked the minister of finance to identify measures to “urgently” address economic challenges, the president’s office said yesterday. ...
14 Nov 17Venezuela has been declared in default after missing interest payments on its $60bn bond debt.
9 Nov 17Puerto Rico is pushing for an “unprecedented” amount of funding and assistance from the US government to help it recover from the September hurricanes, an official has said.
18 Oct 17Stronger public financial management is key if the Guinea government is to better support its investments, the IMF has said.
22 Sep 17Rating agency Standard & Poor’s has downgraded China’s credit rating due rising debt, which has exposed the country to increased economic and financial risk.
19 Sep 17Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
22 Aug 17Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
21 Aug 17The World Bank has signed a zero-interest $200m credit with Myanmar to help with programmes that include better public debt management, increased tax collection and stronger public finance management.
20 Jun 17Argentina has issued a surprise 100-year bond, raising $2.75bn and prompting $9.75bn in orders from investors with apparently large appetite for Argentine debt.
19 Jun 17Public spending to support the Japanese economy should continue beyond 2018 in order to maintain growth, the International Monetary Fund has recommended.
16 Jun 17Critical bailout funds for Greece have been agreed at the eleventh hour after months of wrangling amongst creditors, with the International Monetary Fund offering conditional backing to the package.
