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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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22 Feb 22
The Sri Lankan government says it is open to discussions with the International Monetary Fund and other lenders for assistance, as it faces its worst economic crisis in years.
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17 Feb 22
Low-income and developing countries must be more transparent on the level and type of loans they owe, to help with debt restructuring, according to the World Bank Group.
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16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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15 Feb 22
While it might be tempting to think adopting international accounting standards might lead to growth, the experience of some African countries suggests that might be optimistic, argues senior...
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15 Feb 22
South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
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14 Feb 22
Lebanon’s crisis is so deeply rooted the country needs “a comprehensive social, economic and financial reform programme” to return to stability, the International Monetary Fund has warned.
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14 Feb 22
Government spending earlier in the Covid-19 pandemic has helped Colombia weather the economic storm better than many of its peers, but more needs to be done to make the growth sustainable, according...
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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8 Feb 22
Rising Covid-19 cases in Gaza and the West Bank have led the World Bank to send an additional grant to the Palestinian Authority, warning the record new infection numbers are still underestimated.
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8 Feb 22
The public sector has an opportunity to finance projects targeting better societal equality and climate risks through social bonds, market analysts have said.
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4 Feb 22
The Hungarian government must implement plans to balance its budget to help reduce the impacts of elevated inflation, according to the governor of its central bank.
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3 Feb 22
Global growth forecasts for 2022 have been revised down amid elevated inflation and the economic risk of the Omicron variant of Covid-19, according to the International Monetary Fund.
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3 Feb 22
A rail subsidiary of the South African government paid out billions in contracts to companies linked to a family with close ties to former president Jacob Zuma, according to a corruption inquiry.
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2 Feb 22
The Indian government is set to launch its first sovereign green bond as part of its 2022-23 budget, to help finance public sector projects geared at reducing reliance on carbon-intensive industries...
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1 Feb 22
Experts predict the next 'black swan' event that could shake global public finances.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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27 Jan 22
The OECD is set to open accession discussions with Argentina, Brazil, Bulgaria, Croatia, Peru and Romania, over potential membership of the organisation.
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24 Jan 22
The European Commission and Canada are set to provide more than £1bn in loans grants to Ukraine, to help ward off the threat of Russian hostility.
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20 Jan 22
A new portal launched by the OECD seeks to provide transparency over which of its development aid services are exempt from taxes, to avoid potential disputes.
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20 Jan 22
Young Spanish people will be paid €250 per month to help them move out of their parent’s homes amid a housing crisis that has left many unable to afford rent by themselves.
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18 Jan 22
The European Union has set an initial €1.5bn budget for humanitarian aid in 2022, to help support crises worsened by natural disasters and climate change.
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17 Jan 22
The Japanese government still officially aims to reach a balanced budget by 2025, despite the emergence of the Omicron variant of Covid-19.
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17 Jan 22
Global investments by sovereign funds meeting environmental, social and governance standards more then trebled last year, as Covid-19 accelerated the move away from fossil fuels, according to experts...