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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.
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22 Nov 21
The French government must adopt a framework which aims to reduce spending and improve governance, according to economists at the OECD.
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22 Nov 21
Covid-19’s long-term economic impact on growth in developed countries has been tipped to be far less severe than many anticipated at the start of the pandemic.
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18 Nov 21
The credit outlook of local and regional governments outside the US still carry a negative outlook, despite many economies emerging from Covid-19, according to ratings agency S&P.
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17 Nov 21
The European Union has agreed in principle a €170bn budget for 2022, to help fund the region’s recovery from Covid-19.
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16 Nov 21
US president Joe Biden has signed the $1.2trn Infrastructure Investment and Jobs Act into law, as the nation attempts to 'build back better' from Covid-19.
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8 Nov 21
The Japanese government plans to spend big on a series of measures aimed at helping the economy through its ongoing struggle with Covid-19, according to reports.
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4 Nov 21
The European Central Bank is unlikely to hike interest rates next year, as inflation is forecast to reduce over the medium term, according to president Christine Lagarde.
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25 Oct 21
Indian prime minister Narendra Modi has hailed his country’s Covid-19 vaccine drive as setting “new benchmarks of public service delivery” and spurring the economic recovery.
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25 Oct 21
The US budget deficit reached $2.77trn in 2020-21, the second highest ever after last year, as the government tried to contain the health and economic damage from Covid-19.
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21 Oct 21
Pressures unrelated to Covid-19 are likely to have a bigger impact on public finances than the huge debt taken on by governments to tackle the pandemic, according to analysis by the OECD.