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13 Jan 22
The Rwandan economy recovered strongly in 2021, after Covid-19 saw the nation drop into its first recession in more than two decades, according to the International Monetary Fund.
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13 Jan 22
Global growth is slowing amid renewed waves of Covid-19 cases and high inflation, the World Bank’s latest Global Economic Prospects report has warned.
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11 Jan 22
More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
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10 Jan 22
Malaysia needs to accelerate efforts to improve revenue generation, to help provide more fiscal space for public spending and debt interest costs, according to the World Bank Group.
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7 Jan 22
Regional authorities in Italy are expected to recover throughout this year, after central government support helped to cushion the impact of Covid-19, according to ratings agency Fitch.
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7 Jan 22
The US Federal Reserve has indicated it could hike interest rates faster-than-expected and begin to reduce the level of debt it holds, to help mitigate soaring inflation.
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4 Jan 22
Sri Lankan finance minister Basil Rajapaksa has announced large economic relief measures amid rising food prices but remains determined the government will meet its debt obligations, despite rating...
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4 Jan 22
Germany’s new coalition government will give people and businesses “well over €30bn” of tax breaks while keeping the country tied to fiscal balance, its finance minister 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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21 Dec 21
The Swedish government is set to reintroduce Covid-19 support measures for businesses this month, as the nation enters into restrictions to help reduce infections.
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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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16 Dec 21
The US Federal Reserve is set to taper its bond buying faster-than-expected, alongside interest rate rises next year, to help reduce inflationary pressures.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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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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13 Dec 21
The Greek government is set to appeal to the European Central Bank to continue buying its bonds after an emergency programme expires in March.
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8 Dec 21
State and central banks across the globe are becoming nervous that rising inflationary pressures could trigger rates action next year, according to ratings agency Fitch.
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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6 Dec 21
Emerging nations seeking to restructure domestic debt will need to carefully consider the impact on their economies, according to the International Monetary Fund.
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3 Dec 21
US politicians have approved a bill to continue current funding commitments until February, avoiding a government shutdown.
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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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30 Nov 21
Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
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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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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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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.