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11 Aug 23
Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
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8 Aug 23
The New Zealand government is set to intervene to share the costs of purchasing homes and fixing infrastructure damaged by a recent cyclone.
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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28 Jul 23
Ratings agency acts after defence spending increase
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24 Jul 23
Post-election limbo is only the beginning
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14 Jul 23
Repeating broad-based energy subsidies would raise government spending, distort energy prices and fail to reduce use and should therefore be avoided, the European Union’s energy regulator has said.
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30 Jun 23
Ukraine is set to receive a $1.5bn concessional loan from the World Bank to fund reforms and support its continued response to the Russian invasion.
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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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14 Jun 23
The South African government is set to rubber stamp reforms that could pave the way for universal healthcare ending a two-tier system.
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2 Jun 23
The Oman government is set to invest more than £4bn in a bid to reduce the nation’s dependence on fossil fuel revenues.
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23 May 23
Industry gets more support as Ukraine war continues.
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15 May 23
Ratings agency Moody’s has warned Kenya’s domestic funding conditions have deteriorated.
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11 May 23
The Swedish government has spent too much money on widespread energy support that failed to encourage reduced consumption, the nation’s spending watchdog has said.
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3 May 23
The impact of prolonged high inflation is set to hit growth across the Middle East and North Africa this year and accelerate the need for economic reforms, the International Monetary Fund has said.
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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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28 Apr 23
The Nigerian government has delayed plans to remove expensive fuel subsidies, despite senior officials recognising the relief is “not sustainable”.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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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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11 Apr 23
Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
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6 Apr 23
Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
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5 Apr 23
Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
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30 Mar 23
The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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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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1 Mar 23
Concerns over a potential debt default and restricted access to new borrowing have led to ratings agency Moody’s downgrading Pakistan’s credit rating.
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13 Feb 23
Governments across Europe have spent more than three-quarters of a trillion euros on shielding households and businesses against rising energy costs, researchers have found.
11 Aug 23Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
8 Aug 23The New Zealand government is set to intervene to share the costs of purchasing homes and fixing infrastructure damaged by a recent cyclone.
1 Aug 23The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
28 Jul 23Ratings agency acts after defence spending increase
24 Jul 23Post-election limbo is only the beginning
14 Jul 23Repeating broad-based energy subsidies would raise government spending, distort energy prices and fail to reduce use and should therefore be avoided, the European Union’s energy regulator has said.
30 Jun 23Ukraine is set to receive a $1.5bn concessional loan from the World Bank to fund reforms and support its continued response to the Russian invasion.
26 Jun 23Governments 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.
14 Jun 23The South African government is set to rubber stamp reforms that could pave the way for universal healthcare ending a two-tier system.
2 Jun 23The Oman government is set to invest more than £4bn in a bid to reduce the nation’s dependence on fossil fuel revenues.
23 May 23Industry gets more support as Ukraine war continues.
15 May 23Ratings agency Moody’s has warned Kenya’s domestic funding conditions have deteriorated.
11 May 23The Swedish government has spent too much money on widespread energy support that failed to encourage reduced consumption, the nation’s spending watchdog has said.
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.
28 Apr 23The Nigerian government has delayed plans to remove expensive fuel subsidies, despite senior officials recognising the relief is “not sustainable”.
19 Apr 23A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
11 Apr 23Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
5 Apr 23Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
30 Mar 23The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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.
