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16 Sep 22
Higher public spending and the economic slowdown linked to voters rejecting constitutional reforms has fuelled a downgrade in Chile’s credit rating, Moody’s has said.
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14 Sep 22
The US has set out how it will use billions of dollars of Afghanistan’s central bank reserves itself, keeping them from local officials but insisting they will be used to benefit the Afghan people.
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14 Sep 22
The next disbursement under Argentina’s $44bn deal with the International Monetary Fund is expected to be agreed in the coming days, following a week of discussions between fund staff and Argentine...
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13 Sep 22
The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
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12 Sep 22
The Greek government has unveiled plans to increase state pension payments and the minimum wage, marking the end of a period of budget scrutiny from Brussels the prime minister described as a “...
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9 Sep 22
The outpouring of refugees from Ukraine following Russia’s invasion has left public services in many European countries in need of support, and economists have stressed the importance of subnational...
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7 Sep 22
The European Commission has outlined plans for “solidarity contributions” from fossil fuel companies and price caps on low-carbon energy to support people through the energy crisis.
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6 Sep 22
Vietnam’s growing economic strength and commitment to contain borrowing costs are key factors to an increase in the nation’s credit, according to ratings agency Moody’s.
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5 Sep 22
The Sri Lankan government has reached a preliminary agreement on a $2.9bn bailout with the International Monetary Fund, amid a financial crisis
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5 Sep 22
The German government is set to allocate a further €65bn to help soften the blow of the cost-of-living crisis on businesses and households.
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1 Sep 22
The Zambian government has secured a $1.3bn loan from the International Monetary Fund to accelerate reforms and restore debt sustainability.
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31 Aug 22
The Sri Lankan government has outlined plans to increase taxes as discussions over an International Monetary Fund bailout reach the “final stage”.
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30 Aug 22
An agreement to resume a multi-billion-dollar deal with the International Monetary Fund is key to getting Pakistan’s economy back on track, the country’s prime minister has said.
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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26 Aug 22
China’s leadership has urged its local governments to ramp up spending on projects to help boost the economy.
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25 Aug 22
Finland’s municipalities will begin work on “child-oriented budgeting”, which officials hope will promote policies that improve childrens’ lives in the country whose population is ageing faster than...
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25 Aug 22
The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
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23 Aug 22
The Filipino government has proposed a record budget for 2023 that it said will help boost the economy and lift people out of poverty.
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23 Aug 22
Ukraine has continued to urge European governments to send arms as its invasion by Russia looks set to enter its seventh month.
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23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
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22 Aug 22
The International Monetary Fund has said it will need “adequate assurances” from Sri Lanka’s creditors, before it agrees a new deal with the nation, amid an economic crisis.
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19 Aug 22
The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
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19 Aug 22
An Apprentice-style competition for ideas to encourage young people to drink more alcohol has been launched by the National Tax Agency.
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16 Aug 22
The Biden administration plans not to unfreeze billions of dollars of Afghanistan’s reserves held in US financial institutions, but insists it will find a way to use the money “for the benefit of the...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.