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16 Nov 21
US president Joe Biden has signed the $1.2trn Infrastructure Investment and Jobs Act into law, as the nation attempts to 'build back better' from Covid-19.
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.
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1 Nov 21
The Namibian government will establish a sovereign wealth fund by the end of this year, aimed at creating a stable economy and leaving resources behind for future generations once finite natural...
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.
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26 Oct 21
The level of error in spending from European Union member nations is still substantial and requires more vigilant financial management, according to the organisation’s watchdog.
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21 Oct 21
Brazil’s economy minister has said the country’s spending cap could be breached to allow the government to expand its welfare programme.
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18 Oct 21
The European Union’s budget rules on debt levels for member states are "nonsensical" and need to be updated, the head of the EU’s bailout fund has said, ahead of new reform efforts.
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15 Oct 21
The Algerian government wants to reform its expensive system of subsidies next year as it tries to cut its deficit.
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14 Oct 21
The US Federal Reserve could begin winding down its additional bond purchasing programme as early as next month, as economic growth rises faster than expected.
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12 Oct 21
The New Zealand government was able to post a much smaller deficit in its 2021 budget, due to a stronger than predicted economic rebound from Covid-19.
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8 Oct 21
The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
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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.