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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.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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14 Apr 16
Government deficits are now expected to climb above the levels observed at the beginning of the 2008-09 financial crisis, the International Monetary Fund has warned in its annual Fiscal Monitor.
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10 Mar 16
Zimbabwe needs to “act now” to counter economic difficulties, with fiscal belt-tightening and reengagement with the international financial community key priorities, the International Monetary Fund...
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8 Mar 16
Eurozone finance ministers have urged Greece to put in “extra effort” in implementing economic reforms, as it was announced that Cyprus would be dispensing with International Monetary Fund support...
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9 Feb 16
The International Monetary Fund has encouraged New Zealand to tackle its “chronically low” national saving levels and heavy reliance on offshore funding.
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5 Feb 16
The International Monetary Fund has urged the government of Sri Lanka to fix its public finances after the country missed its budget target and public debt rose to over 74% of gross domestic product...
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26 Jan 16
A review by the European Commission has found that 11 countries in the bloc face high risks to their public finances due to forecasts for increases in public sector debt levels.
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17 Dec 15
The International Monetary Fund has deemed the $3bn Ukrainian Eurobond held by Russia to be an official inter-governmental loan rather than private finance.
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15 Dec 15
The Inter-American Development Bank will loan Chile $130m to fight corruption and increase transparency in public spending, including procurement.
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30 Nov 15
The United Nation’s International Labour Organisation has called for collective bargaining, consensus and social dialogue in rebuilding the Greek labour market.
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26 Nov 15
The European Bank for Reconstruction and Development is to become a key stakeholder in Greece’s four main banks with a total investment of €250m.
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23 Nov 15
The African Development Bank has approved a $56.2m loan to support public financial management and private sector competitiveness in Ghana.
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18 Nov 15
The Greek government and its European creditors reached a tentative compromise on Tuesday, paving the way for the release of $12bn in financial aid after a long stand off.