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22 Jun 16
The German Constitutional Court has given the green light to the European Central Bank’s controversial emergency bond-buying scheme – a key tool to fight financial crises.
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21 Jun 16
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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14 Jun 16
Colombia has more than doubled its billion-dollar line of credit from the International Monetary Fund in the face of growing global economic risks.
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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2 Jun 16
Tunisia has secured more than $8bn in loans from the European Union, the International Monetary Fund and the World Bank over the past month as the country seeks to revive its fragile economy.
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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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26 May 16
The Chinese finance ministry is to issue the first ever sovereign renminbi bond outside of China on the London stock market.
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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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24 May 16
The International Monetary Fund has called for “unconditional” debt relief for Greece and said the current fiscal targets imposed on the country by the Eurogroup are unrealistic.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
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23 May 16
There is improved awareness of the contribution public financial management makes to good governance and facing down corruption. However, accrual-based information must be deployed
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.
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9 May 16
Athens lawmakers have approved a host of controversial pension and tax reforms in a bid to unlock the next tranche of Greece’s bailout cash.
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5 May 16
Zimbabwe has announced it will start to print its own version of the US dollar after banks were forced to cut withdrawal limits amid cash shortages.
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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.
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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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29 Apr 16
The United Kingdom has suspended all financial aid to Mozambique following a “serious breach of trust” relating to more than $1bn worth of undisclosed debts.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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25 Apr 16
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.
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25 Apr 16
The International Monetary Fund has advised Vietnam to tighten its belt in the face of sharp increases in public debt.
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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.