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1 Jun 17
The European Union’s negotiating hand in Brexit talks may be weaker than often thought because of a number of serious threats to the union’s future stability.
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31 May 17
Goldman Sachs’ purchase of $2.8bn in bonds from the Venezuelan government has sparked criticism from opposition politicians, who have accused the bank of “loansharking” and providing a financial...
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30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
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26 May 17
Fitch Ratings has warned that a plan for Azerbaijan’s government to take on $2.3bn in debt from an ailing state-owned bank would increase public dues without alleviating uncertainty.
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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.
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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.
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24 May 17
African nations are subsiding countries far richer than they, research by a group of development charities has found.
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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.
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17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
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17 May 17
Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
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17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
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16 May 17
Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.
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15 May 17
China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
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12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
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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.
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10 May 17
Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
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2 May 17
Mozambique is to benefit from $1.7bn in World Bank funds until 2021 under a new programme that will initially concentrate on tackling the consequences of the country’s hidden borrowing.
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28 Apr 17
New Zealand plans to cut its net public debt to as low as 10% of GDP by 2025, finance minister Steven Joyce has announced.
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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
1 Jun 17The European Union’s negotiating hand in Brexit talks may be weaker than often thought because of a number of serious threats to the union’s future stability.
31 May 17Goldman Sachs’ purchase of $2.8bn in bonds from the Venezuelan government has sparked criticism from opposition politicians, who have accused the bank of “loansharking” and providing a financial...
30 May 17Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
26 May 17Fitch Ratings has warned that a plan for Azerbaijan’s government to take on $2.3bn in debt from an ailing state-owned bank would increase public dues without alleviating uncertainty.
25 May 17The 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 17Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
24 May 17African nations are subsiding countries far richer than they, research by a group of development charities has found.
19 May 17The 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.
17 May 17Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
17 May 17Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
17 May 17How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
16 May 17Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.
15 May 17China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
12 May 17Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
11 May 17New 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.
10 May 17Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
2 May 17Mozambique is to benefit from $1.7bn in World Bank funds until 2021 under a new programme that will initially concentrate on tackling the consequences of the country’s hidden borrowing.
28 Apr 17New Zealand plans to cut its net public debt to as low as 10% of GDP by 2025, finance minister Steven Joyce has announced.
27 Apr 17The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
21 Apr 17Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
19 Apr 17A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
13 Apr 17Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
