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17 Mar 22
The European Council has agreed an approach for partner countries to apply carbon tariffs on good entering the bloc to help fight climate change.
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16 Mar 22
The Ukrainian government has unveiled a set of radical reforms, including a simplification of the tax system, to put its economy on a war footing.
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15 Mar 22
Ukraine’s GDP could contract by as much as 35% this year, following last month’s Russian invasion, according to the International Monetary Fund.
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15 Mar 22
Pressure is growing on central banks to bear down on global inflation – but could raising borrowing rates create more problems than it solves?
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15 Mar 22
Palestinian authorities must adopt spending reforms to help solve a fiscal outlook which has been weakened further by Covid-19, according to the International Monetary Fund.
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14 Mar 22
A multilateral development bank in the 1960s by communist countries has seen its credit rating slashed to junk status, after five European Union nations announced plans to withdraw their...
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10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
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9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
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9 Mar 22
The Polish government has approved a fund worth at least £1.3bn to help Ukrainian refugees, and to provide additional support to local authorities.
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8 Mar 22
Belarus is likely to default on its debt in the coming year as a result of sanctions imposed in response to its role in helping Russia’s invasion of Ukraine, S&P Global said after it downgraded...
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7 Mar 22
The Central Bank of Sri Lanka has raised interest rates by one percentage point, to help mitigate double-digit inflation.
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7 Mar 22
Support packages implemented to help offset soaring inflation could be a risk to public finances if maintained in the long-term, according to ratings agency Fitch.
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4 Mar 22
Argentine authorities have agreed the details of a $45bn deal with the International Monetary Fund to restructure debt from its failed bailout.
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3 Mar 22
Better than expected tax revenues led to the Eurozone deficit undershooting forecasts in 2021, according to ratings agency Fitch.
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28 Feb 22
Brazil’s federal government reported its largest ever primary budget surplus in January after a surge in tax revenue, figures from the country’s Treasury show.
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28 Feb 22
Thailand’s economy grew by 1.6% in 2021 after Covid-19 lockdown measures impacted on international trade and tourism.
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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24 Feb 22
The Polish Government’s policy of reduced public spending and high tax collection built strong buffers to deal with the Covid-19 pandemic, according to leading economists.
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22 Feb 22
Governments across the world spend $1.8trn on environmentally harmful subsidies each year, which could be redistributed to help combat climate change, according to an international pressure group.
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18 Feb 22
The French government is set to pump an additional €2.1bn into state owned energy company EDF to help ease income concerns.
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18 Feb 22
Singapore’s finance minister has increased taxes targeted at corporations and the rich, in order to fund higher spending in the wake of Covid-19 and in the face of the city-state’s ageing population.
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17 Feb 22
The Bank of Canada could implement a series of interest rate rises to mitigate soaring inflation, according to its deputy governor.
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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
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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9 Feb 22
The post-pandemic economic recovery should become less reliant on government spending, Indonesia’s finance minister has told an investment conference.