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24 May 17
US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
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8 Feb 17
The rift over the Greek bailout programme has deepened after the country’s government and European leaders hit back at a “pessimistic” International Monetary Fund report published yesterday.
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26 Jan 17
Two executive orders drafted by Donald Trump contain plans to reduce the voluntary contributions of the US to international bodies by 40%, and also cut the nation’s “burdensome” commitment to the...
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20 Jan 17
Incoming US president Donald Trump is reportedly eyeing $10tn worth of cuts to government spending over the next decade.
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19 Jan 17
The International Monetary Fund has slashed Saudi Arabia’s 2017 growth forecast by 1.6 percentage points this week, as OPEC-agreed cuts to oil production weigh on the country’s already struggling...
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9 Nov 16
Thousands of public sector workers have stormed Rio de Janeiro’s state assembly to protest against austerity plans imposed to try to deal with its financial crisis.
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3 Nov 16
Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
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30 Sep 16
The International Monetary Fund has completed its first health check of the Argentinean economy in a decade, marking an end to years of distrust between Argentina and the fund.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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18 Feb 16
The OECD has urged its members to move away from austerity towards a “new strategy” of exploiting cheap borrowing and increasing public investments, particularly in infrastructure.
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5 Jun 15
A round-up of recent public finance stories from Europe you might have missed.
24 May 17US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
24 Apr 17The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
12 Apr 17Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
23 Feb 17South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
22 Feb 17Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
8 Feb 17The rift over the Greek bailout programme has deepened after the country’s government and European leaders hit back at a “pessimistic” International Monetary Fund report published yesterday.
9 Nov 16Thousands of public sector workers have stormed Rio de Janeiro’s state assembly to protest against austerity plans imposed to try to deal with its financial crisis.
3 Nov 16Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
30 Sep 16The International Monetary Fund has completed its first health check of the Argentinean economy in a decade, marking an end to years of distrust between Argentina and the fund.
29 Sep 16MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
18 Feb 16The OECD has urged its members to move away from austerity towards a “new strategy” of exploiting cheap borrowing and increasing public investments, particularly in infrastructure.
5 Jun 15A round-up of recent public finance stories from Europe you might have missed.
