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16 Jun 22
The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
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15 Jun 22
The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
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15 Jun 22
The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
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14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
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14 Jun 22
Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
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10 Jun 22
India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
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8 Jun 22
The Reserve Bank of Australia has announced its highest interest rate rise in more than two decades in an attempt to rein in rampant inflation.
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7 Jun 22
German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
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7 Jun 22
The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
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1 Jun 22
Japan looks set to abandon a previous timeframe for balancing its budget, after a draft economic policy document suggested it could “distort” policy decisions in the government’s response to crises...
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31 May 22
The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
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27 May 22
The Hungarian government is set to introduce a windfall tax on banks, energy firms and telecommunications companies to help fund its response to Russia’s invasion of Ukraine.
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26 May 22
Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
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26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
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24 May 22
A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
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23 May 22
The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
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20 May 22
Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
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20 May 22
European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
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19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
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18 May 22
The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
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17 May 22
California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
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16 May 22
Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
16 Jun 22The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
15 Jun 22The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
15 Jun 22The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
14 Jun 22The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
14 Jun 22Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
13 Jun 22Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
13 Jun 22Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
10 Jun 22The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
10 Jun 22India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
8 Jun 22The Reserve Bank of Australia has announced its highest interest rate rise in more than two decades in an attempt to rein in rampant inflation.
7 Jun 22German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
7 Jun 22The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
1 Jun 22Japan looks set to abandon a previous timeframe for balancing its budget, after a draft economic policy document suggested it could “distort” policy decisions in the government’s response to crises...
31 May 22The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
27 May 22The Hungarian government is set to introduce a windfall tax on banks, energy firms and telecommunications companies to help fund its response to Russia’s invasion of Ukraine.
26 May 22Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
26 May 22The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
24 May 22A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
23 May 22The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
20 May 22Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
20 May 22European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
19 May 22The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
17 May 22California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
16 May 22Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
