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8 Oct 21
The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
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6 Oct 21
South Africa’s national bank has signalled that inflation risks mean that it is likely to raise interest rates.
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6 Oct 21
The Reserve Bank of New Zealand has raised its interest rate to help reduce soaring property prices.
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6 Oct 21
Ratings agency Moody’s has upgraded the outlook on India’s credit rating to stable from negative based on optimism about a reduction in the government deficit.
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5 Oct 21
A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
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4 Oct 21
The World Bank has approved a loan of US$500m to strengthen Argentina’s efforts to contain the Covid-19 pandemic.
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1 Oct 21
The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
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29 Sep 21
The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
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27 Sep 21
Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
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27 Sep 21
The French government’s ability to reduce its debt levels – which spiked due to Covid-19 – will be a key driver in future ratings, according to agency Moody’s.
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24 Sep 21
Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
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23 Sep 21
Norway’s has raised its main interest rate, saying it is "likely" that further increases will come as the nation emerges from Covid-19.
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22 Sep 21
The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
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21 Sep 21
The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
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16 Sep 21
The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
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14 Sep 21
Costa Rica’s fiscal consolidation efforts have been buoyed by an International Monetary Fund deal and rising revenues – but political tensions and gridlock in its congress risk pushing its progress...
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13 Sep 21
The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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10 Sep 21
The European Central Bank has said it will begin to reduce its emergency Covid-19 asset purchasing in the coming months, as the region recovers from the pandemic.
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9 Sep 21
US treasury secretary Janet Yellen has warned Congress the government could run out of cash in the next few weeks, urging lawmakers to raise the debt ceiling so she can borrow again.
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9 Sep 21
Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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6 Sep 21
Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
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6 Sep 21
Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
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3 Sep 21
Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.