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26 Jun 23
Governments should raise taxes or cut spending in a bid to reduce the burden on monetary policy in the fight against inflation, a central bank body has argued.
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18 Apr 23
Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
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9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
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9 Feb 22
The post-pandemic economic recovery should become less reliant on government spending, Indonesia’s finance minister has told an investment conference.
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22 Dec 21
China has underspent compared to its budget this year despite the economic recovery from Covid-19 slowing down.
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27 Sep 21
Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
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9 Mar 20
The IMF’s Vitor Gaspar and Paolo Mauro outline how governments should respond to the outbreak in order to stop the worst economic effects.
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19 Jun 17
Public spending to support the Japanese economy should continue beyond 2018 in order to maintain growth, the International Monetary Fund has recommended.
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5 Jun 17
Fiscal policy has a critical role in tackling two of the major challenges facing Asia and the Pacific in the coming decades – ageing and inclusivity – the International Monetary Fund’s deputy...
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25 May 17
The International Monetary Fund has approved a $5.5bn loan package to help rebuild the Mongolian economy after it was battered by the slump in commodity prices.
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4 May 17
Patchy transparency in Brazil has compromised the effectiveness of the country’s fiscal policies, according to the International Monetary Fund.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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24 Feb 17
Mexico’s sugar tax has reduced consumption of sugary drinks for the second year in a row, knocking industry claims that the tax would lose its effect after the first year.
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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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17 Feb 17
Growth in West Africa is at risk due to governments continually shelving plans to cut spending and raise taxes, the International Monetary Fund has warned.
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10 Feb 17
Australia’s plan to eliminate its deficit risks being overly ambitious and doing more harm than good in an economy stuck in a “new mediocre”, according to the International Monetary Fund.
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30 Jan 17
Japan’s consumer price inflation has fallen for the first time in four years, dealing another blow to government and central bank efforts to boost the deflating economy.
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9 Jan 17
The independence of central banks in Europe could undergo significant changes in the future, according to a survey of economists on the continent.
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21 Dec 16
Eurozone governments should start plugging a “wide and deep” gap in public investment gap by taking advantage of low interest rates, the European Commission has suggested.
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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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29 Nov 16
European governments need to pick up the slack in fiscal policy in order to support growth in the eurozone, European Central Bank president Mario Draghi has said.
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28 Nov 16
A shift toward protectionism would dash any hopes that the global economy can be broken out of its “low-growth trap”, the OECD has warned.
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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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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.
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21 Sep 16
The world economy is set to remain in a “low growth trap”, the OECD has warned in its interim Economic Outlook.