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3 Mar 23
Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
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7 Oct 22
Serious floods in Pakistan have led to increased public spending and higher debt, and a key factor in a downgrade to the nation’s credit rating, Moody’s has said.
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30 Aug 22
An agreement to resume a multi-billion-dollar deal with the International Monetary Fund is key to getting Pakistan’s economy back on track, the country’s prime minister has said.
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18 Jul 22
The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
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9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
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17 Jan 22
Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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14 Jan 21
Washington must step in to help New York with the largest budget deficit in its history to stop the need for “extraordinary negative measures”, the state’s governor has said.
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14 Sep 20
The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
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28 Apr 20
Emmanuel Macron’s “expensive” response to the ‘yellow vest’ movement is partly to blame for France’s public deficit rising in 2019, the country’s court of auditors has found.
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25 Jun 19
Brussels has thrown Italy a lifeline in their protracted dispute over the country’s massive public debt.
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30 May 19
The EU has written to the Italian government asking it to explain a deterioration in its public finances, amid reports Brussels is ready to launch disciplinary action against Rome.
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5 Apr 18
Italy’s statistics bureau ISTAT has increased its assessment of the country’s 2017 budget deficit to 2.3% of gross domestic product.
3 Mar 23Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
7 Oct 22Serious floods in Pakistan have led to increased public spending and higher debt, and a key factor in a downgrade to the nation’s credit rating, Moody’s has said.
18 Jul 22The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
9 Mar 22Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
17 Jan 22Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
26 Nov 21Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
20 Jul 21Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
14 Jan 21Washington must step in to help New York with the largest budget deficit in its history to stop the need for “extraordinary negative measures”, the state’s governor has said.
14 Sep 20The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
28 Apr 20Emmanuel Macron’s “expensive” response to the ‘yellow vest’ movement is partly to blame for France’s public deficit rising in 2019, the country’s court of auditors has found.
25 Jun 19Brussels has thrown Italy a lifeline in their protracted dispute over the country’s massive public debt.
