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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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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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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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8 Jun 21
Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
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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
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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7 Apr 21
The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.
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28 Oct 20
It is vital that treasury strategies consider the long- and short-term risks of borrowing decisions, and that these decisions are carefully documented. As a treasury manager you should ensure all...
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25 Aug 20
Bank of Zambia governor Denny Kalyalya was sacked by Zambian president Edgar Lungu over the weekend, as the country continues discussions with the International Monetary Fund.
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5 Aug 19
Africa’s poorest countries made little progress on improving the frameworks necessary to promote poverty reduction and sustainable growth in 2018, the World Bank has found.
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4 Apr 19
Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018.
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30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
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17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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10 Feb 17
The Nigerian government has taken control of West Africa’s most-used airline after the company began to buckle under the weight of its spiralling debts.
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6 Dec 16
Eurozone finance ministers have agreed on short-term debt relief measures for Greece, but remain divided on the country’s fiscal targets and the reforms needed to reach them.
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15 Nov 16
The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
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9 Nov 16
Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
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7 Nov 16
Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
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24 Oct 16
Zimbabwe has cleared its $108m arrears with the International Monetary Fund after 15 years.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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7 Oct 16
Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
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6 Oct 16
The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
6 Jul 21The 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.
28 Jun 21China’s zero tolerance approach to curbing Covid-19 outbreaks has benefitted the nation’s economy recovery from the pandemic, according to ratings agency Fitch.
8 Jun 21Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
7 Jun 21Sweden’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.
4 Jun 21The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
17 May 21Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
11 May 21Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
7 Apr 21The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.
28 Oct 20It is vital that treasury strategies consider the long- and short-term risks of borrowing decisions, and that these decisions are carefully documented. As a treasury manager you should ensure all...
25 Aug 20Bank of Zambia governor Denny Kalyalya was sacked by Zambian president Edgar Lungu over the weekend, as the country continues discussions with the International Monetary Fund.
5 Aug 19Africa’s poorest countries made little progress on improving the frameworks necessary to promote poverty reduction and sustainable growth in 2018, the World Bank has found.
4 Apr 19Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018.
30 May 17Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
17 May 17How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
14 Mar 17Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
10 Feb 17The Nigerian government has taken control of West Africa’s most-used airline after the company began to buckle under the weight of its spiralling debts.
6 Dec 16Eurozone finance ministers have agreed on short-term debt relief measures for Greece, but remain divided on the country’s fiscal targets and the reforms needed to reach them.
15 Nov 16The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
9 Nov 16Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
7 Nov 16Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
11 Oct 16Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
7 Oct 16Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
6 Oct 16The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
