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6 Apr 17
Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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31 Mar 17
Russia has scored an initial victory in its court case against Ukraine, which has been refusing to service a $3bn eurobond bought by Russia in 2015.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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29 Mar 17
A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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16 Mar 17
The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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23 Feb 17
Ratings agency Fitch has warned of the risk posed by China’s high local public debt issued through a back door route.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
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21 Feb 17
Greece and its creditors have found some “common ground” following the latest meetings on its stalling €86bn bailout in Brussels yesterday.
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20 Feb 17
Mongolia has secured a provisional agreement for a $5.5bn programme with the International Monetary Fund, preventing a slip in its international credit rating.
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20 Feb 17
Hungary could be forced to withdraw its bid to host the 2024 Olympic Games in the capital Budapest after a petition to hold a referendum on the matter received more than double the signatures needed...
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8 Feb 17
The rift over the Greek bailout programme has deepened after the country’s government and European leaders hit back at a “pessimistic” International Monetary Fund report published yesterday.
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7 Feb 17
A rare public split within the International Monetary Fund’s executive board has served as yet another sign of just how contentious an issue the Greek bailout has become.
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30 Jan 17
Greece faces an “explosive” surge in public debt by 2030, even with the relief measures promised by its European creditors, the International Monetary Fund has said.
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25 Jan 17
Over a third of people in the world’s poorest countries could remain in extreme poverty by 2030 if growth in those economies stays on its current trajectory, the United Nations has warned.
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25 Jan 17
Egypt has raised $4bn from its first public bond issuance since securing $12bn in aid from the International Monetary Fund, it was announced yesterday.
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24 Jan 17
Euro-area government debt fell to its lowest level since 2012 in the third quarter of 2016 according to figures released yesterday by the bloc’s statistic office.
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20 Jan 17
Incoming US president Donald Trump is reportedly eyeing $10tn worth of cuts to government spending over the next decade.
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19 Jan 17
The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
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17 Jan 17
Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
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11 Jan 17
Sluggish global growth looks on track to speed up moderately in 2017, the World Bank has predicted, but stagnant trade, weak investment and substantial uncertainty put even this modest recovery at...
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20 Dec 16
Australia has increased its fiscal deficit forecasts for the next four years compared to May’s predictions, the most recent mid-year economic forecast has shown.
6 Apr 17Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
3 Apr 17Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
31 Mar 17Russia has scored an initial victory in its court case against Ukraine, which has been refusing to service a $3bn eurobond bought by Russia in 2015.
29 Mar 17A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
16 Mar 17The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
14 Mar 17Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
23 Feb 17South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
22 Feb 17A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
21 Feb 17Greece and its creditors have found some “common ground” following the latest meetings on its stalling €86bn bailout in Brussels yesterday.
20 Feb 17Mongolia has secured a provisional agreement for a $5.5bn programme with the International Monetary Fund, preventing a slip in its international credit rating.
20 Feb 17Hungary could be forced to withdraw its bid to host the 2024 Olympic Games in the capital Budapest after a petition to hold a referendum on the matter received more than double the signatures needed...
8 Feb 17The rift over the Greek bailout programme has deepened after the country’s government and European leaders hit back at a “pessimistic” International Monetary Fund report published yesterday.
25 Jan 17Over a third of people in the world’s poorest countries could remain in extreme poverty by 2030 if growth in those economies stays on its current trajectory, the United Nations has warned.
25 Jan 17Egypt has raised $4bn from its first public bond issuance since securing $12bn in aid from the International Monetary Fund, it was announced yesterday.
24 Jan 17Euro-area government debt fell to its lowest level since 2012 in the third quarter of 2016 according to figures released yesterday by the bloc’s statistic office.
20 Jan 17Incoming US president Donald Trump is reportedly eyeing $10tn worth of cuts to government spending over the next decade.
19 Jan 17The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
17 Jan 17Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
11 Jan 17Sluggish global growth looks on track to speed up moderately in 2017, the World Bank has predicted, but stagnant trade, weak investment and substantial uncertainty put even this modest recovery at...
20 Dec 16Australia has increased its fiscal deficit forecasts for the next four years compared to May’s predictions, the most recent mid-year economic forecast has shown.
