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17 Jul 23
Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...
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2 May 23
Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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14 Mar 23
The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
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3 Mar 23
Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
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14 Feb 23
The European Union should avoid a further suspension to the bloc’s fiscal rules at the end of this year, a senior official has said.
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30 Jan 23
The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
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26 Oct 22
The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
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27 Sep 22
Governments should contemplate raising taxes on higher earners and businesses that have profited from the current energy crisis to support those in need, a senior economist has said.
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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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13 Sep 22
The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
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12 Sep 22
The Greek government has unveiled plans to increase state pension payments and the minimum wage, marking the end of a period of budget scrutiny from Brussels the prime minister described as a “...
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6 Sep 22
Vietnam’s growing economic strength and commitment to contain borrowing costs are key factors to an increase in the nation’s credit, according to ratings agency Moody’s.
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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2 Sep 22
The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
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31 Aug 22
The Sri Lankan government has outlined plans to increase taxes as discussions over an International Monetary Fund bailout reach the “final stage”.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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8 Jul 22
The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
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18 May 22
The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
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9 May 22
The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
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21 Apr 22
New Zealand’s strong resilience through Covid-19 means the nation is poised for continued growth in the coming years, according to ratings agency Moody’s.
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11 Apr 22
A strong rebound in tax revenues and consumer spending has seen the Israeli government record one of the strongest budgetary performances internationally, according to ratings agency Moody’s.
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11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
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30 Mar 22
The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
17 Jul 23Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...
2 May 23Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
15 Mar 23Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
14 Mar 23The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
3 Mar 23Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
30 Jan 23The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
26 Oct 22The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
27 Sep 22Governments should contemplate raising taxes on higher earners and businesses that have profited from the current energy crisis to support those in need, a senior economist has said.
16 Sep 22Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
13 Sep 22The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
12 Sep 22The Greek government has unveiled plans to increase state pension payments and the minimum wage, marking the end of a period of budget scrutiny from Brussels the prime minister described as a “...
6 Sep 22Vietnam’s growing economic strength and commitment to contain borrowing costs are key factors to an increase in the nation’s credit, according to ratings agency Moody’s.
6 Sep 22The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
2 Sep 22The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
31 Aug 22The Sri Lankan government has outlined plans to increase taxes as discussions over an International Monetary Fund bailout reach the “final stage”.
2 Aug 22The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
1 Aug 22The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
8 Jul 22The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
18 May 22The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
21 Apr 22New Zealand’s strong resilience through Covid-19 means the nation is poised for continued growth in the coming years, according to ratings agency Moody’s.
11 Apr 22A strong rebound in tax revenues and consumer spending has seen the Israeli government record one of the strongest budgetary performances internationally, according to ratings agency Moody’s.
11 Apr 22Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
30 Mar 22The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
