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22 Feb 22
The Sri Lankan government says it is open to discussions with the International Monetary Fund and other lenders for assistance, as it faces its worst economic crisis in years.
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17 Feb 22
Low-income and developing countries must be more transparent on the level and type of loans they owe, to help with debt restructuring, according to the World Bank Group.
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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3 Feb 22
Global growth forecasts for 2022 have been revised down amid elevated inflation and the economic risk of the Omicron variant of Covid-19, according to the International Monetary Fund.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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17 Jan 22
The Japanese government still officially aims to reach a balanced budget by 2025, despite the emergence of the Omicron variant of Covid-19.
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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
A disagreement between Argentina and the International Monetary Fund on refinancing a $45bn loan has seen the price of the nation's bonds tumble.
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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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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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9 Dec 21
Malawi’s former finance minister and ex-central bank governor have been arrested amid allegations of providing incorrect financial information to the International Monetary Fund.
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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
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
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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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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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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16 Nov 21
The Lebanese government has not responded with enough urgency to tackle the economic crisis which has engulfed the nation, according to a United Nations envoy.
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1 Nov 21
Emerging economies need greater access to financial assistance to help prepare for natural disasters brought on by climate change, according to the OECD.
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14 Oct 21
The US Federal Reserve could begin winding down its additional bond purchasing programme as early as next month, as economic growth rises faster than expected.
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12 Oct 21
The New Zealand government was able to post a much smaller deficit in its 2021 budget, due to a stronger than predicted economic rebound from Covid-19.
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5 Oct 21
A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
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29 Sep 21
The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
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27 Sep 21
The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.