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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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23 Jul 21
The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
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22 Jul 21
Colombia’s government has presented new tax reforms to replace earlier proposals that were scrapped amid mass protests.
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22 Jul 21
The German government has allocated an initial €200m to help with immediate assistance to regions affected by recent floods.
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21 Jul 21
Favourable markets could see Italian local and regional governments shift to capital markets to fund capital investments, according to ratings agency Fitch.
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21 Jul 21
The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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20 Jul 21
A country-by-country look at initiatives being taken by Asia Pacific governments to encourage sustainable investing.
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20 Jul 21
Afnan Alam explores the policy landscape for sustainable investing in the Asia Pacific region.
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20 Jul 21
Worldwide protests over policing methods mean the focus on how to best spend money on preventing and tackling crime has never been more acute.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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14 Jul 21
US treasury secretary Janet Yellen has said she will use extraordinary measures to manage the Treasury’s cash if Congress does not raise the debt limit by the end of July.
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12 Jul 21
France’s large public debt poses a challenge during its economic recovery from Covid-19 but cannot be cancelled, the country’s central bank chief has said.
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8 Jul 21
New Zealand’s Treasury has warned the government that the country faces debt rising to unsustainable levels over the next few decades as its ageing population drives up spending.
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8 Jul 21
Complacency by Asia-Pacific governments after early successes against Covid-19 has led to patchy economic performance, according to ratings agency S&P.
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7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
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6 Jul 21
The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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2 Jul 21
International reforms of corporation tax could have “serious implications” for Ireland’s public finances, a report from the country’s central bank has warned.
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30 Jun 21
Public assets such as infrastructure are at greater risk of falling into disrepair if the government that owns them uses cash accounting, a conference has been told.
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28 Jun 21
The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
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28 Jun 21
Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.