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23 Jul 24
An in-principle agreement between Ukraine and many of its creditors will see the nominal value of its debt decrease and the maturity extended, and help the government continue to fund its defence in...
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22 Jul 24
Successful public financial management reform depends on the quality and capacity of management, writes Noel Hepworth.
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9 Jul 24
Eurozone countries have been urged to show greater fiscal restraint in an effort to shrink budget deficits across the bloc.
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9 Jul 24
The European Commission has launched a finance hub to try to attract €650bn to help 112 cities reach net zero by 2030.
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31 May 24
Egypt is to quadruple the price of subsidised bread in a move likely to lead to a backlash among a population grappling with poverty and soaring inflation.
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24 May 24
Lebanon’s outlook is “highly uncertain” as lethargy over economic reforms exert a heavy toll on the country’s population.
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23 May 24
Dag Detter and Simon Gray set out what centrally planned economies – using Ethiopia as an example – could gain from reforming the way they manage their public assets.
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30 Apr 24
Mineral revenues will fund development in Mongolia for years to come and allow citizens to share in the wealth, officials have said after lawmakers approved the creation of new public funds.
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30 Apr 24
Brexit boosted revenue but focus now on e-commerce taxation
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26 Apr 24
Proposals in Canada’s latest budget will grow its deficit by over $10bn (£5.9bn) over the next few years as it tries to make its economy stronger and more fair, but this should not damage its...
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22 Apr 24
Ratings agency Moody’s has kept its judgement of the New Zealand government’s creditworthiness at its highest notch, citing strong institutions, fiscal discipline and vibrant economy.
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9 Apr 24
Dag Detter explores how governments might maximise the benefits of public wealth, through managing their assets better and using Net Worth-based fiscal rules.
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28 Mar 24
A fiscal rule is making Uruguay’s public finances more credible, but it might fall short of actually stabilising the government’s debt, ratings agency Fitch has said.
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26 Mar 24
Zambia has moved a step closer to exiting its years-long default after agreeing a restructure deal covering billions of dollars of debt with a group of its private bondholders.
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15 Mar 24
Sovereign wealth funds are increasing climate change scrutiny
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12 Mar 24
Finance ministers have agreed that cutting deficits in the euro area should remain the priority amid a sluggish global economy, as they set out their priorities for next year’s budgets.
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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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5 Mar 24
Adopting reforms to reduce Iraq’s reliance on oil revenue and improving financial management will be key to prevent debt rising, the International Monetary Fund has said.
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27 Feb 24
Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
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23 Feb 24
Ukraine’s strong performance on economic reforms despite the ongoing war has prompted the International Monetary to move towards releasing $880m of concessional support.
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20 Feb 24
High lending to nations with low credit ratings could leave the African Export-Import Bank exposed to risks such as debt restructuring, contributing to ratings agency Moody’s lowering its credit...
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20 Feb 24
Concessional loan support will finance projects to improve resilience against climate change such as those that reduce vulnerability to flooding and coastal erosion, the International Monetary Fund...
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15 Feb 24
A bill that would deliver military assistance and aid to Ukraine and Israel has moved one step closer following Senate approval.
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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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9 Feb 24
Procurement deal with US and a bond buy-back scheme raise profile