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13 Jul 21
The need to act fast to save lives is a poor excuse for Covid-19 procurement scandals – better crisis preparation is needed.
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9 Jul 21
The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
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7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
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6 Jul 21
The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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5 Jul 21
Brazil’s supreme court has authorised an investigation into president Jair Bolsonaro’s response to a Covid-19 vaccine procurement deal amid allegations he ignored irregularities in the process.
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29 Jun 21
Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
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28 Jun 21
China’s zero tolerance approach to curbing Covid-19 outbreaks has benefitted the nation’s economy recovery from the pandemic, according to ratings agency Fitch.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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23 Jun 21
Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
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22 Jun 21
Luxembourg’s credit outlook will not be heavily affected by the G7's international corporation tax proposals due to extraordinary levels of wealth, according to ratings agency Moody’s.
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16 Jun 21
Austria's deficit is forecast to decrease to around 1% of GDP over the medium term, as its Covid-19 recovery takes shape, according to the IMF.
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
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14 Jun 21
Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
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14 Jun 21
Counterfeit or poor quality medical equipment proliferated in Europe amid the Covid-19 pandemic, according to the European Union’s anti-fraud bureau.
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10 Jun 21
The Japanese government still officially aims to reach a budget surplus by 2025 despite the impact of Covid-19 on its public finances.
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9 Jun 21
The Chinese economy will grow at a slower rate in the second half of this year as external supply chain disruptions impact on Covid-19 recovery, according to ratings agency Moody’s.
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9 Jun 21
Indonesian public finances will rely heavily on the economic recovery from Covid-19 to get back on track, but ratings agency S&P Global said the government’s record is reassuring.
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7 Jun 21
Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.