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15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
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13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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9 Dec 22
Senior Filipino ministers have announced plans to set up a sovereign wealth fund aimed at supporting the economy and providing funding for large infrastructure projects.
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9 Dec 22
Rapidly falling reserves were among concerns cited by rating agency Moody’s as it placed Bangladesh’s rating under review for a downgrade.
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8 Dec 22
Reforms to improve economic governance and target social welfare payments more effectively should be urgent priorities for the Sri Lankan government as it tries to wrest itself from financial turmoil...
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7 Dec 22
The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
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5 Dec 22
Argentina is set to receive the third tranche of a $44bn International Monetary Fund bailout.
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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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30 Nov 22
Weakened demand from key trading partners and higher interest rates will hinder Latin American economies next year, following stronger-than-expected growth in 2022, S&P Global has said.
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28 Nov 22
The Cambodian government should deliver immediate relief to households to help support the nation’s long-term economic recovery and stop more people falling into poverty, the World Bank has said.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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18 Nov 22
Security spending and policies aimed at shielding people from inflation will leave Finland’s public finances in a weaker position, according to the International Monetary Fund.
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18 Nov 22
An overreliance on unsustainable corporation tax receipts could pose problems for Ireland in the future, and the country should look at raising other revenues, the national spending watchdog has said...
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16 Nov 22
Members of the G20 have called on all lenders to assist low and middle-income nations facing a deteriorating debt position.
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15 Nov 22
Governments miss out on at least $89bn of tax every year from the world’s biggest businesses, according to researchers who have criticised the OECD’s “concession to corporate tax abuse”.
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11 Nov 22
The Chad government has agreed a debt restructure with its lenders which the nation hopes will pave the way for finance from the International Monetary Fund.
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10 Nov 22
The Bangladeshi government has reached a provisional agreement on a $4.5bn loan package with the International Monetary Fund aimed at combating the cost-of-living crisis and increasing resilience...
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10 Nov 22
New European Union fiscal rules should get rid of the current system’s complexity and allow governments more “ownership” of their spending plans, Brussels has said, also promising stronger...
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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9 Nov 22
Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
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8 Nov 22
Central bank reserves in Egypt fell by a fifth in just nine months, leading to ratings agency Fitch warning it could downgrade its judgement of the country.