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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.
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10 Feb 23
The Ukrainian government has earmarked a major tranche of new spending to support small businesses and repair crumbling infrastructure.
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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2 Feb 23
The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
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31 Jan 23
Continuing conflict and the global economic downturn will compress already slow growth in Myanmar, economists at the World Bank have 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 Jan 23
Senior politicians have urged the Singaporean government to review more than $70bn of unaudited spending during Covid-19.
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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13 Jan 23
The French government wants to raise the retirement age to reduce the pressure swelling pension costs are placing on the country’s public finances.
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10 Jan 23
The new Italian government has signalled its intention to keep its fiscal policies aligned with the European Union amid concerns over the eurosceptic administration.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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28 Nov 22
The Cambodian government should deliver immediate relief to households to help support the nation’s long-term economic recovery and stop more people falling into poverty, the World Bank has said.
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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7 Nov 22
An investigation into the fraudulent use of universal healthcare funding has been launched by the Australian government following “nine years of cuts and neglect”.
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31 Oct 22
Japan will spend trillions of yen to help households through the energy crisis and to support young families in a bid to boost the country’s sluggish growth.
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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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25 Oct 22
European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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20 Oct 22
France’s PM has signalled controversial plans to push through a budget after heated rows over tax rises.
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5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
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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.
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.
1 Mar 23Concerns over a potential debt default and restricted access to new borrowing have led to ratings agency Moody’s downgrading Pakistan’s credit rating.
13 Feb 23Governments across Europe have spent more than three-quarters of a trillion euros on shielding households and businesses against rising energy costs, researchers have found.
10 Feb 23The Ukrainian government has earmarked a major tranche of new spending to support small businesses and repair crumbling infrastructure.
8 Feb 23Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
2 Feb 23The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
31 Jan 23Continuing conflict and the global economic downturn will compress already slow growth in Myanmar, economists at the World Bank have said.
30 Jan 23The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
26 Jan 23Senior politicians have urged the Singaporean government to review more than $70bn of unaudited spending during Covid-19.
24 Jan 23The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
13 Jan 23The French government wants to raise the retirement age to reduce the pressure swelling pension costs are placing on the country’s public finances.
6 Jan 23US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
13 Dec 22Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
28 Nov 22The Cambodian government should deliver immediate relief to households to help support the nation’s long-term economic recovery and stop more people falling into poverty, the World Bank has said.
9 Nov 22A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
7 Nov 22An investigation into the fraudulent use of universal healthcare funding has been launched by the Australian government following “nine years of cuts and neglect”.
31 Oct 22Japan will spend trillions of yen to help households through the energy crisis and to support young families in a bid to boost the country’s sluggish growth.
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).
25 Oct 22European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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.
