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20 Sep 21
Argentina's leader Alberto Fernandez has called for unity in the South American country, as it attempts to recover from a financial crisis exacerbated by Covid-19.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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19 Aug 21
The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
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17 Aug 21
Thailand's central bank chief has called on the government to invest a further 1trn baht ($30bn) into fighting Covid-19, as restrictions continue to affect the economy.
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9 Aug 21
Stimulus is a “more appropriate instrument” than quantitative easing to aid the economic hit of regional Covid-19 lockdowns in Australia, according to the governor of its central bank.
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3 Aug 21
The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
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2 Aug 21
Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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23 Jul 21
The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
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21 Jul 21
Favourable markets could see Italian local and regional governments shift to capital markets to fund capital investments, according to ratings agency Fitch.
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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 global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
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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.