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8 Mar 21
Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
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4 Mar 21
A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
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25 Feb 21
The world’s richest countries borrowed a record $18trn from the markets in 2020, an OECD report into Covid-19’s effect on debt has found.
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25 Feb 21
Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
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23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
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19 Feb 21
Covid-19 led public debt to a record high in 2020, as governments borrowed three times as much as they did the previous year while trying to fight the virus.
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18 Feb 21
Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
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18 Feb 21
Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.
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16 Feb 21
Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
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12 Feb 21
The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
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9 Feb 21
As the world looks ahead towards the end of the Covid-19 crisis, whenever that might come, it is time to reflect on the role taxes can play in rebuilding our economies, argue Pascal Saint-Amans and...
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8 Feb 21
Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
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22 Jan 21
The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
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22 Jan 21
Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
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18 Jan 21
Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
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15 Jan 21
The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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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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12 Jan 21
Lagging economic growth in China during the recovery from the Covid-19 pandemic could be resolved by shifting resources into areas such as the social safety net, the IMF has said.
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8 Jan 21
“Bold” policies adopted during 2020 to fight the health and economic effects of Covid-19 have prevented a protracted economic downturn in Indonesia, the IMF has said.
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7 Jan 21
More than one million Covid-19 vaccine doses will arrive in South Africa in the coming weeks, with the country seeking to inoculate its healthcare workers as they fight against the virus.
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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6 Jan 21
Unprecedented stimulus measures taken by governments to fight the pandemic have changed the public perception of spending and debt, meaning sharp tax hikes or spending cuts would risk popular...
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5 Jan 21
Poverty in Iran could almost treble during the pandemic, the World Bank has said in its latest report into the Middle Eastern country’s economy.
8 Mar 21Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
4 Mar 21A group of progressive Democrats in the US senate has introduced a bill for a 3% annual tax on wealth exceeding $1bn, and 2% on that above $50m.
25 Feb 21The world’s richest countries borrowed a record $18trn from the markets in 2020, an OECD report into Covid-19’s effect on debt has found.
25 Feb 21Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
23 Feb 21Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
19 Feb 21Covid-19 led public debt to a record high in 2020, as governments borrowed three times as much as they did the previous year while trying to fight the virus.
18 Feb 21Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
18 Feb 21Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.
16 Feb 21Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
12 Feb 21The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
9 Feb 21As the world looks ahead towards the end of the Covid-19 crisis, whenever that might come, it is time to reflect on the role taxes can play in rebuilding our economies, argue Pascal Saint-Amans and...
8 Feb 21Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
4 Feb 21Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
26 Jan 21Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
22 Jan 21The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
22 Jan 21Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
18 Jan 21Canada will use “whatever fiscal firepower” is needed in its fight against the effects of Covid-19, but only in the short term, prime minister Justin Trudeau has said.
15 Jan 21The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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.
12 Jan 21Lagging economic growth in China during the recovery from the Covid-19 pandemic could be resolved by shifting resources into areas such as the social safety net, the IMF has said.
8 Jan 21“Bold” policies adopted during 2020 to fight the health and economic effects of Covid-19 have prevented a protracted economic downturn in Indonesia, the IMF has said.
7 Jan 21More than one million Covid-19 vaccine doses will arrive in South Africa in the coming weeks, with the country seeking to inoculate its healthcare workers as they fight against the virus.
6 Jan 21Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
6 Jan 21Unprecedented stimulus measures taken by governments to fight the pandemic have changed the public perception of spending and debt, meaning sharp tax hikes or spending cuts would risk popular...
5 Jan 21Poverty in Iran could almost treble during the pandemic, the World Bank has said in its latest report into the Middle Eastern country’s economy.
