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14 Jul 20
European Commission plans for a post-pandemic recovery among the EU’s poorer members risk being misspent without greater direction from Brussels, the EU’s spending watchdog has warned.
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14 Jul 20
Urgent reforms could save the Algerian government $20bn by the end of the year, the country’s president has told ministers.
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10 Jul 20
More than 1bn rubles earmarked by the Russian government for cultural projects have been redirected to its reserves as the country battles the Covid-19 crisis.
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10 Jul 20
A €5bn ‘Brexit reserve’ has been proposed by the European Council to deal with disruption caused to other members states when the UK’s transition phase ends in 2021.
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10 Jul 20
France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
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9 Jul 20
Governments and organisations, including multilateral development banks, are funding tens of billions of dollars in development projects and programs to help countries respond to Covid-19. The...
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7 Jul 20
Indonesia’s government and central bank have agreed to a £32bn bond scheme to finance the country’s recovery efforts from the economic crisis caused by Covid-19.
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2 Jul 20
Nearly $8bn of aid has been raised for Syria in just one day at a donor conference in Brussels.
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1 Jul 20
The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
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30 Jun 20
France should undertake an “in-depth review” of its public spending policies in order to rebuild its economy and stop government debt spiralling, the country’s state auditor has said.
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30 Jun 20
Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
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25 Jun 20
Global growth is expected to be -4.9% in 2020, 1.9 percentage points lower than the previous projection in April, according to the International Monetary Fund.
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24 Jun 20
EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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23 Jun 20
Japan will not change its target to return to a budget surplus by 2025, despite its huge fiscal efforts to counter the impact of Covid-19, its finance minister has said.
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22 Jun 20
Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
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16 Jun 20
No new taxes have been levied to deal with the public finance toll of Covid-19 in Pakistan’s new budget, in which the government outlined a huge stimulus package and a sizeable hike in defence...
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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9 Jun 20
The Covid-19 pandemic is set to push the global economy into the worst recession since the end of the Second World War, according to a report from the World Bank.
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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2 Jun 20
Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
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2 Jun 20
The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
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29 May 20
The European Commission has proposed a €750bn recovery fund to help drag EU economies out of the slump caused by the Covid-19 pandemic.
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29 May 20
United Nations agencies working in Yemen have called for financial help, suggesting most of their programmes in the country face running out of money “within weeks”, following a slump in donations...
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
14 Jul 20European Commission plans for a post-pandemic recovery among the EU’s poorer members risk being misspent without greater direction from Brussels, the EU’s spending watchdog has warned.
14 Jul 20Urgent reforms could save the Algerian government $20bn by the end of the year, the country’s president has told ministers.
10 Jul 20More than 1bn rubles earmarked by the Russian government for cultural projects have been redirected to its reserves as the country battles the Covid-19 crisis.
10 Jul 20A €5bn ‘Brexit reserve’ has been proposed by the European Council to deal with disruption caused to other members states when the UK’s transition phase ends in 2021.
10 Jul 20France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
9 Jul 20Governments and organisations, including multilateral development banks, are funding tens of billions of dollars in development projects and programs to help countries respond to Covid-19. The...
7 Jul 20Indonesia’s government and central bank have agreed to a £32bn bond scheme to finance the country’s recovery efforts from the economic crisis caused by Covid-19.
2 Jul 20Nearly $8bn of aid has been raised for Syria in just one day at a donor conference in Brussels.
1 Jul 20The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
30 Jun 20Nearly $1.5bn was mistakenly sent to deceased citizens in the US as the government rushed to protect the economy against the effects of Covid-19.
25 Jun 20Global growth is expected to be -4.9% in 2020, 1.9 percentage points lower than the previous projection in April, according to the International Monetary Fund.
24 Jun 20EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
24 Jun 20Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
23 Jun 20Japan will not change its target to return to a budget surplus by 2025, despite its huge fiscal efforts to counter the impact of Covid-19, its finance minister has said.
22 Jun 20Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
11 Jun 20A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
9 Jun 20The Covid-19 pandemic is set to push the global economy into the worst recession since the end of the Second World War, according to a report from the World Bank.
5 Jun 20Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
2 Jun 20Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
2 Jun 20The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
29 May 20United Nations agencies working in Yemen have called for financial help, suggesting most of their programmes in the country face running out of money “within weeks”, following a slump in donations...
29 May 20Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
