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28 Mar 22
Rating agency S&P Global has cut its growth forecasts and raised its inflation predictions for the Asia Pacific region as its confidence in the post-coronavirus recovery falters.
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3 Mar 22
The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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14 Feb 22
Government spending earlier in the Covid-19 pandemic has helped Colombia weather the economic storm better than many of its peers, but more needs to be done to make the growth sustainable, according...
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10 Feb 22
Covid-19 could stop being a global emergency as early as this year if countries donated $23bn towards access to tests, treatments, vaccines and personal protective equipment, according to the World...
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9 Feb 22
Stricter social distancing measures aimed at slowing Hong Kong’s fast-growing outbreak of Covid-19 cases are expected to hit growth, and upcoming spending announcements are seen as likely to delay...
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8 Feb 22
Rising Covid-19 cases in Gaza and the West Bank have led the World Bank to send an additional grant to the Palestinian Authority, warning the record new infection numbers are still underestimated.
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3 Feb 22
A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
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27 Jan 22
South African officials failed to follow procurement rules when buying personal protective equipment at the beginning of the Covid-19 pandemic, representing a “complete breakdown” of the system,...
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21 Jan 22
The world economy is recovering more slowly than many expected as problems associated with Covid-19 continue to bite, the head of the International Monetary Fund has said.
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21 Dec 21
The European Central Bank has decided to still allow itself to purchase Greek government bonds even after it stops net asset-buying next year.
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16 Dec 21
Worldwide debt rose to 256% of GDP in 2020 according to new statistics released by the International Monetary Fund.
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15 Dec 21
Canada’s high spending during the pandemic has been hailed as the reason for the country’s swift economic recovery from the shock of 2020.
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30 Nov 21
The world’s local and regional governments will need to return their focus to issues that long predate Covid-19 as they look to shore up their post-pandemic finances, write S&P Global Ratings’...
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29 Nov 21
World governments have been told to bolster their health systems and vaccination programmes in response to a new strain of Covid-19.
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25 Nov 21
More than 300 million more people in India will receive Covid-19 vaccines following the approval of a loan from the Asian Development Bank.
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22 Nov 21
Covid-19’s long-term economic impact on growth in developed countries has been tipped to be far less severe than many anticipated at the start of the pandemic.
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25 Oct 21
Indian prime minister Narendra Modi has hailed his country’s Covid-19 vaccine drive as setting “new benchmarks of public service delivery” and spurring the economic recovery.
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25 Oct 21
The US budget deficit reached $2.77trn in 2020-21, the second highest ever after last year, as the government tried to contain the health and economic damage from Covid-19.
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11 Oct 21
The Australian Treasury has revealed it paid out $27bn (£14.6bn) in Covid-19 support payments to businesses that did not meet the criteria, but said it did not ask for the money back to protect the...
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27 Sep 21
Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
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23 Sep 21
World Bank researchers expect 52 countries to cut spending per head to below pre-pandemic levels in the next five years, despite the world economy gradually recovering from the Covid-19 crash.
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21 Sep 21
The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
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16 Sep 21
Colombia’s president has approved new tax reforms after lawmakers replaced proposals that sparked countrywide demonstrations against the government earlier this year.
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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.