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15 Dec 21
The US Congress has voted to raise the government’s debt ceiling, just hours before the country risked defaulting on its obligations.
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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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30 Nov 21
Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
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25 Nov 21
German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.
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24 Nov 21
The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.
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11 Nov 21
Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
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8 Nov 21
A United Nations short-term lending facility aimed at reducing Africa’s borrowing costs could save governments billions of dollars in interest payments, according to officials.
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1 Nov 21
German political parties’ continuing support for the country’s debt brake rule has contributed to rating agency Fitch maintaining its AAA judgement of Europe’s largest economy.
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.
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21 Oct 21
Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
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20 Oct 21
A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
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18 Oct 21
The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.
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14 Oct 21
The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
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12 Oct 21
Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
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8 Oct 21
The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
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5 Oct 21
A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
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29 Sep 21
The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
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29 Sep 21
Lower and middle income countries have far more debt to China than many institutions believe, and the problem is becoming worse, a US study has found.
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28 Sep 21
German finance minister Olaf Scholz is trying to form a government after his party narrowly won the German elections. PFF takes a look at what a Scholz premiership could mean for German fiscal policy.
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22 Sep 21
The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
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22 Sep 21
The Ethiopian government has asked for support from the International Monetary Fund to replace an expiring programme, amid its international creditors’ efforts to restructure its debts.
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21 Sep 21
A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
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14 Sep 21
Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
15 Dec 21The US Congress has voted to raise the government’s debt ceiling, just hours before the country risked defaulting on its obligations.
10 Dec 21Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
7 Dec 21Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
30 Nov 21Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
25 Nov 21German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.
24 Nov 21The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
11 Nov 21Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
21 Oct 21Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.
20 Oct 21A Swiss bank which made "tainted loans" for government projects in Mozambique has been fined $475m by UK and US authorities over "serious financial crime", and will also write off $200m of debt owed...
14 Oct 21The G20 must “urgently” compel private sector lenders to commit to restructuring deals for the debts of crisis-hit countries, according to a debt campaigning organisation.
12 Oct 21Debt problems faced by poorer countries require a “comprehensive” solution, the World Bank chief has said after publishing his organisation's latest review of debt statistics.
8 Oct 21The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
5 Oct 21A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
29 Sep 21The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
29 Sep 21Lower and middle income countries have far more debt to China than many institutions believe, and the problem is becoming worse, a US study has found.
22 Sep 21The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
22 Sep 21The Ethiopian government has asked for support from the International Monetary Fund to replace an expiring programme, amid its international creditors’ efforts to restructure its debts.
21 Sep 21A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
14 Sep 21Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
