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20 May 20
Huge fiscal responses to the Covid-19 pandemic are being announced around the world, not least in Asia. Civil servant in Pakistan Muhammad Afnan Alam details the situation and how it might impact the...
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5 May 20
Brazil has created an emergency basic income scheme for informal workers, to help them through the coronavirus pandemic, and advocates of universal basic income believe the crisis could make...
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4 May 20
The EU is sending billions of euros to the Western Balkans to help the region through the challenges of the Covid-19 pandemic.
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30 Apr 20
Nigeria has been given an emergency $3.4bn support package from the IMF to deal with the economic impact of coronavirus and the sharp fall in oil prices.
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28 Apr 20
The Russian government has been urged to spend half of its National Wealth Fund of saved oil and gas revenues to deal with the Covid-19 crisis.
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24 Apr 20
The US House of Representatives has approved $484bn more of coronavirus relief measures, bringing the government’s total spending on fighting the crisis to almost $3trn.
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24 Apr 20
South African president Cyril Ramaphosa has announced a Covid-19 economic rescue package equivalent to 10% of his country’s GDP.
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24 Apr 20
The fiscal deficit caused by the collapse of oil prices and the coronavirus pandemic could force Saudi Arabia to borrow about $26bn more than it planned this year, as well as draw down up to $32bn...
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23 Apr 20
The coronavirus pandemic will have a long-lasting effect on public finances. Governments need the complete picture that modern accounting standards provide in order to navigate the recovery, argues...
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22 Apr 20
In 1948, the US passed an initiative that sent more than $12bn (the equivalent of about $128bn today) to Western Europe to recover from the Second World War. Dag Detter argues the world will need...
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21 Apr 20
IMF support is “like blood for the human body” during the coronavirus pandemic, the president of Ukraine has said as his country prepares to deal with the economic fallout of the crisis.
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21 Apr 20
Quality information from accruals accounting will be vital for governments when navigating the post-coronavirus recovery, argues Professor Ian Ball from Victoria University of Wellington.
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20 Apr 20
European economies will need at least €500bn from EU institutions to tackle the Covid-19 financial crisis, the head of the EU’s bailout body has said.
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27 Mar 20
The European Central Bank has waived the current limit on the amount of a government’s bonds it can buy in response to the Covid-19 outbreak.
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27 Mar 20
The IMF has approved its first emergency loan to help a member country address the challenges posed by the Covid-19 pandemic.
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26 Mar 20
The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify, says Jihad Azour.