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5 Nov 20
A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.
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2 Nov 20
An additional three million people are to benefit from Brazil’s basic income scheme after the World Bank approved $1bn to expand the programme to better support people affected by the pandemic.
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30 Oct 20
Governments must work together if they are to meet the challenges caused by digitalisation and ensure a strong economic recovery after Covid-19, a collection of OECD country ministers have said after...
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30 Oct 20
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
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29 Oct 20
Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
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28 Oct 20
Measures protecting jobs in Europe saved the continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
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27 Oct 20
Hikes to corporation, income and wealth taxes in Spain’s draft 2021 budget underpin the government’s “progressive” approach to public finances, the country’s president has said.
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21 Oct 20
Covid-19 is an opportunity for public finance professionals to influence politicians, thereby improving public services and making economies more fair, a Public Finance Live conference session has...
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19 Oct 20
Public bodies must not forget about climate change as they deal with the fallout of the pandemic, the Public Finance Live conference has been told.
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16 Oct 20
Infrastructure will be key to helping drag South Africa’s economy out of the crisis caused by Covid-19, the country’s president said while announcing an ambitious programme of spending.
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14 Oct 20
The global recession caused by Covid-19 will not be as bad as initially feared, but “tremendous uncertainty” remains, the IMF’s top economist has said.
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14 Oct 20
Ireland expects its corporation tax yield to rise again this year, despite the backdrop of the global recession caused by Covid-19, an official document has revealed.
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9 Oct 20
Richer countries need to increase public investment to revive the global economy from its worst crash in recent times, the IMF has said.
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8 Oct 20
Extreme poverty is set to rise around the world for the first time in more than 20 years as Covid-19 continues to weigh on the global economy, the World Bank has warned.
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6 Oct 20
The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
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5 Oct 20
More than 200 million doses of a purported vaccine for Covid-19 have been sold by Russia’s sovereign wealth fund to countries desperate for an end to the health crisis.
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2 Oct 20
Three in four furloughed workers in Spain are back at work, according to figures released just days after the government committed to keep the scheme going for “as long as necessary”.
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1 Oct 20
Hungary’s right-wing prime minister Viktor Orban has suggested his country will opt out of the European Union’s €750bn Covid-19 recovery fund in a row over democracy and the rule of law.
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29 Sep 20
Social assistance to poor and vulnerable families will help the economy weather the Covid-19 storm, the Philippines has been told.
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29 Sep 20
The economic and health crises caused by Covid-19 led Germany’s overall public debt to its highest ever level in the first half of 2020, the country’s official statistics bureau Destatis has...
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28 Sep 20
The IMF has lent $90bn since the beginning of the coronavirus pandemic – about one-third of its current total lending commitments.
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25 Sep 20
Malaysia’s government has praised the “solidarity and cooperation” of its people after a Sukuk scheme to help finance its economic recovery was oversubscribed.
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25 Sep 20
The pandemic presents an opportunity for governments to engender a “green reboot” of the global economy, argues CIPFA’s chief economist Jeffrey Matsu.
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25 Sep 20
Curbing corruption is more important than ever amid the pandemic, the World Bank has argued in a report.