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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.
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16 Sep 21
The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
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14 Sep 21
Costa Rica’s fiscal consolidation efforts have been buoyed by an International Monetary Fund deal and rising revenues – but political tensions and gridlock in its congress risk pushing its progress...
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13 Sep 21
The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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10 Sep 21
The European Central Bank has said it will begin to reduce its emergency Covid-19 asset purchasing in the coming months, as the region recovers from the pandemic.
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9 Sep 21
US treasury secretary Janet Yellen has warned Congress the government could run out of cash in the next few weeks, urging lawmakers to raise the debt ceiling so she can borrow again.
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9 Sep 21
Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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6 Sep 21
Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
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6 Sep 21
Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
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3 Sep 21
Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.
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3 Sep 21
Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
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2 Sep 21
Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
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1 Sep 21
Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
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1 Sep 21
South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
5 Oct 21A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
4 Oct 21The World Bank has approved a loan of US$500m to strengthen Argentina’s efforts to contain the Covid-19 pandemic.
1 Oct 21The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
29 Sep 21The 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.
27 Sep 21Slovenia’s budget watchdog has told the government it cannot use Covid-19 as cover for high spending ahead of the general election next year.
27 Sep 21The 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.
24 Sep 21Strong economic growth and higher-than-predicted revenue in recent months have been tipped to make South Africa’s fiscal goals easier to achieve.
23 Sep 21Norway’s has raised its main interest rate, saying it is "likely" that further increases will come as the nation emerges from Covid-19.
22 Sep 21The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
21 Sep 21The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
16 Sep 21The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
14 Sep 21Costa Rica’s fiscal consolidation efforts have been buoyed by an International Monetary Fund deal and rising revenues – but political tensions and gridlock in its congress risk pushing its progress...
13 Sep 21The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
13 Sep 21Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
10 Sep 21The European Central Bank has said it will begin to reduce its emergency Covid-19 asset purchasing in the coming months, as the region recovers from the pandemic.
9 Sep 21Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
7 Sep 21Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
6 Sep 21Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
6 Sep 21Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.
3 Sep 21Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.
3 Sep 21Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
2 Sep 21Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
1 Sep 21Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
1 Sep 21South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
