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10 Mar 23
Tunisia is facing a fresh crisis over in both politics and finances.
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30 Nov 21
The world’s local and regional governments will need to return their focus to issues that long predate Covid-19 as they look to shore up their post-pandemic finances, write S&P Global Ratings’...
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18 Nov 21
The credit outlook of local and regional governments outside the US still carry a negative outlook, despite many economies emerging from Covid-19, according to ratings agency S&P.
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27 Jul 21
China is aiming to take increasing control over the often-secret debt in its local government sector, according to state-run financial media.
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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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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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19 Apr 21
Rating’s agency Standard and Poor’s has revised up its ratings outlook for US local and state governments due to increased support from president Joe Biden’s rescue package.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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10 Dec 20
High debt among Chinese local governments poses a “key risk” during the country’s recovery from Covid-19, ratings agency Fitch has said, although the outlook for the sector remains stable.
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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22 May 20
The Covid-19 pandemic is having a huge impact on governments around the world. With many local governments struggling to find the money to continue to provide frontline services at a time when...
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16 May 19
The World Bank is to lend Sri Lanka $70m to improve essential services in a project that will put local communities at the heart of planning and delivery.
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17 Aug 18
Counties in Kenya have to make some “critical decisions” to ensure that their wage bills do not take too much money away from development projects, public finance professionals have warned.
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24 Apr 18
Australian councils fear they face huge bills for waste disposal following China’s recently confirmed refusal to accept most imports of recyclables.
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9 Jun 17
Local government finances face very different fortunes in Australia than they do in the UK. But in both, common challenges have prompted the same fundamental questions
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24 May 17
Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
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14 Oct 16
The Kingdom of Morocco is pioneering a development plan that emphasises decentralisation and local decision-making. This brings with it challenges, not least around funding, but could be a relevant...
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4 Jul 16
Four Japanese cities have been selected to share best practice with those in developing countries as part of a World Bank capacity-building programme.
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22 Jun 16
Mayors from across the globe are to come together to fight climate change after the world’s largest coalition of cities committed to environmental leadership was launched today.
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31 May 16
The UK’s Local Government Information Unit (LGiU) has announced it will work with a Kosovan local government institute to build capacity and gain a greater understanding of decentralisation in...
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23 May 16
New Zealand’s Local Government Funding Agency has shown how local authorities can come together to lower borrowing costs and achieve an increased profile with central government
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22 Apr 16
A new local government institute is to help build the public financial management capacity of local authorities in Rwanda.
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15 Feb 16
The fall in local and regional government (LRG) borrowing across Europe is likely to end in 2016 as the growing refinancing needs of some offsets declines elsewhere, according to analysis by credit...
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8 Dec 15
The European Commission has announced more than €100m to support decentralisation and local governance in Ukraine.