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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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1 Jul 21
Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
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29 Jun 21
Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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23 Jun 21
Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
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22 Jun 21
The International Monetary Fund will not give Zimbabwe any financial support despite the government having no arrears with the fund for almost five years.
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21 Jun 21
Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
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9 Jun 21
Indonesian public finances will rely heavily on the economic recovery from Covid-19 to get back on track, but ratings agency S&P Global said the government’s record is reassuring.
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8 Jun 21
Italian government debt reached a record by the end of 2020 and will only fall marginally by the end of the decade, according to rating agency Fitch’s projections.
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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18 May 21
Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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13 May 21
Myanmar’s alternative 'national unity government' will not honour the ruling junta’s debts if it gains power, its finance minister has said.
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12 May 21
Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
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22 Apr 21
Canada’s central bank has cut its bond purchases this year, citing progress in the country’s economic recovery from Covid-19.
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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16 Apr 21
Experts say that the Biden administration’s move to ban US financial institutions from participating in the primary market for Russian bonds is likely to have little impact.
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14 Apr 21
A petition by 200,000 Kenyans is calling on the International Monetary Fund to stop lending their government money, forcing a minister to defend a $2.34bn funding deal signed on 3 April
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14 Apr 21
Vietnam’s successful campaign to contain the spread of Covid-19 could lead to an upgrade to its credit rating, according to a ratings agency.
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13 Apr 21
Greece’s public debt rose to 207% of GDP at the end of 2020 but remains on a sustainable footing, according to ratings agency Fitch.
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12 Apr 21
Undeserving private sector lenders could benefit from International Monetary Fund action aimed at helping poorer countries recover from Covid-19, a former deputy director of the fund has warned.
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7 Apr 21
The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.