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24 Aug 22
Prudent work on post-Covid recovery by Indonesia’s government has been praised by ratings analysts.
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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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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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17 Aug 22
Joe Biden has hailed his flagship Inflation Reduction Act as a historic victory for the environment, US families and the country’s public finances.
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15 Aug 22
High oil revenues will give Oman two years of budget surpluses, pushing its debt below many of its peers, and continuing reform efforts look set to keep its public finances on solid ground, ratings...
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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.
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11 Aug 22
The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
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10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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8 Aug 22
The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
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5 Aug 22
The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
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5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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28 Jul 22
The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
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27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
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26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
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26 Jul 22
Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
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25 Jul 22
The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.