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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.
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7 Feb 22
The governor of the Dutch state bank has stated that the European Central Bank could begin raising interest rates as early as this year, to help combat soaring inflation.
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3 Feb 22
A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
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3 Feb 22
A rail subsidiary of the South African government paid out billions in contracts to companies linked to a family with close ties to former president Jacob Zuma, according to a corruption inquiry.
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3 Feb 22
Pakistan will receive $1bn from a previously-stalled bailout package after the International Monetary Fund’s executive board agreed it had made sufficient progress on policy reforms.
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28 Jan 22
Japan will need to increase tax revenue to contend with major challenges such as its huge public debt and ageing population according to International Monetary Fund economists.
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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27 Jan 22
Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
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25 Jan 22
Brazilian president Jair Bolsonaro has set aside some money in the country’s 2022 budget for public sector pay rises in some professions, amid threats of strikes.
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21 Jan 22
The European Central Bank could delay interest rates rises until 2024, despite inflationary pressures caused by supply chain constraints, according to ratings agency Fitch.
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20 Jan 22
A new portal launched by the OECD seeks to provide transparency over which of its development aid services are exempt from taxes, to avoid potential disputes.
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19 Jan 22
Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
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18 Jan 22
The Netherlands is set to move away from its pre-pandemic trend of recording budget surpluses, according to analysts who have looked at the new coalition government’s spending plans.
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17 Jan 22
The Japanese government still officially aims to reach a balanced budget by 2025, despite the emergence of the Omicron variant of Covid-19.
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17 Jan 22
Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
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17 Jan 22
Global investments by sovereign funds meeting environmental, social and governance standards more then trebled last year, as Covid-19 accelerated the move away from fossil fuels, according to experts...
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10 Jan 22
A disagreement between Argentina and the International Monetary Fund on refinancing a $45bn loan has seen the price of the nation's bonds tumble.