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15 Jun 22
The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
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10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
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10 Jun 22
India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
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7 Jun 22
The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
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1 Jun 22
Deliberate policy inaction and “elite capture” have held up the reforms that could help Lebanon lift itself out of its financial crisis, according to the World Bank.
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31 May 22
Political disagreement over how to manage the economy could mean Tunisia is forced to seek a debt restructuring before it is able to secure a much-needed programme with the International Monetary...
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23 May 22
The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
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20 May 22
Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
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17 May 22
A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
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16 May 22
Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
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9 May 22
The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
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9 May 22
Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
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6 May 22
Tightening monetary policy poses risks to Japan’s debt dynamics when the government already has the largest debt of any investment-grade country, rating agency Fitch has warned.
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5 May 22
US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
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5 May 22
The Russian government made a last-ditch dollar payment on two sovereign bonds, avoiding a historic debt default, according to reports.
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4 May 22
A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
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4 May 22
New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
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26 Apr 22
Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
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12 Apr 22
The Pakistani government’s decision to oust prime minister Imran Khan could complicate reforms restricting access to external finance, according to ratings agency Fitch.
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12 Apr 22
The Sri Lankan government has suspended repayments on external loans, as it works with the International Monetary Fund to develop a debt restructuring plan.
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11 Apr 22
Russia’s foreign-currency rating has been cut to ‘selective default’ after the government made payments on its dollar-denominated debt in rubles in an attempt to skirt international sanctions...
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7 Apr 22
The International Monetary Fund has cut its projections for Japan’s GDP growth amid Russia’s ongoing invasion of Ukraine, which it said has increased commodity prices and global economic uncertainty.
15 Jun 22The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
13 Jun 22Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
13 Jun 22Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
10 Jun 22The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
10 Jun 22Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
10 Jun 22India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
7 Jun 22The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
1 Jun 22Deliberate policy inaction and “elite capture” have held up the reforms that could help Lebanon lift itself out of its financial crisis, according to the World Bank.
31 May 22Political disagreement over how to manage the economy could mean Tunisia is forced to seek a debt restructuring before it is able to secure a much-needed programme with the International Monetary...
23 May 22The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
20 May 22Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
17 May 22A deal between South Africa and some of the world’s richest countries, hailed as a potential blueprint for future climate finance, is still under negotiation more than seven months after being...
16 May 22Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
9 May 22The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
9 May 22Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
6 May 22Tightening monetary policy poses risks to Japan’s debt dynamics when the government already has the largest debt of any investment-grade country, rating agency Fitch has warned.
Biden says US will pay down debt for first time in years and promises largest ever deficit reduction5 May 22US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
5 May 22The Russian government made a last-ditch dollar payment on two sovereign bonds, avoiding a historic debt default, according to reports.
4 May 22A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
4 May 22New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
26 Apr 22Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
