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6 Mar 24
Targeting welfare payments to the most vulnerable and providing more funding for schools in deprived areas will reduce poverty and inequality across Hungary, the OECD has said.
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13 Feb 24
Cutting expensive fuel subsidies and efforts to reform its tax system show the Nigerian government is starting to tackle the economy's “deep-rooted” structural issues, the International Monetary Fund...
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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.
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29 Nov 23
Political leaders must commit to reform to aid economic recovery, says official
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7 Nov 23
Tax and spending reforms that led to a “sustained decline” in government debt were named as major factors in Costa Rica’s credit rating upgrade, ratings agency Moody’s has said.
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24 Oct 23
A minimum international tax charged on the world’s wealthiest people would raise $214bn a year, the EU Tax Observatory has said.
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6 Oct 23
Costs associated with climate change could hit Irish public finances by at least €6bn a year from 2030 onwards, its fiscal advisory council has warned.
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28 Sep 23
Slow progress on reforms aimed at delivering financial stability in Sri Lanka has prompted the International Monetary to withhold the second tranche of a $3bn bailout.
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1 Sep 23
Afghanistan’s weak collection of non-tax income has seen revenues dip below forecasts this year, economists at the World Bank have said.
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31 Jul 23
Argentina is set to receive a $7.5bn tranche of an International Monetary Fund bailout after pledging to raise taxes and rebuild foreign reserves.
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7 Jul 23
The Turkish government is set to hike corporation taxes and vehicle duties to help fund the reconstruction costs from devastating earthquakes earlier this year.
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6 Jul 23
Governments could face “materially lower” revenues if they are unprepared for the increased use of cryptocurrencies, economists at the International Monetary Fund have warned.
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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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20 Jun 23
Taxes on the world’s richest people and debt cancellation could help to fund climate change mitigation and adaptation projects in poorer countries and reverse growing inequalities, experts have said.
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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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25 Apr 23
Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
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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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10 Mar 23
Higher fossil fuel taxes in India could fund renewable investments to improve energy security and save lives, economists at the International Monetary Fund have said.
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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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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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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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24 Jan 23
The US Treasury has renewed pledges to reform how it collects taxes and ensure the Inland Revenue Service can recover billions of dollars of unpaid taxes.
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20 Dec 22
The International Monetary Fund has agreed to release $447m to the Kenyan government to help support the nation’s budget and continued progress on reforms.
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15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
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5 Dec 22
Argentina is set to receive the third tranche of a $44bn International Monetary Fund bailout.