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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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13 May 21
The Norwegian government will draw down a record NOK402bn (£34bn) of funding from its national pension fund, to help mitigate the economic impact of Covid-19.
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12 May 21
Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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11 May 21
Inheritance tax could play a greater role in addressing inequality and dealing with the public finance pressures of Covid-19, the OECD has said.
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11 May 21
A “more prosperous and sustainable future” is possible if G7 countries step up public investment in the coming decade, a group of academics has said.
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4 May 21
A tax on Argentina’s richest citizens collected 223bn pesos (£1.7bn) for the struggling government to spend on its ongoing response to the pandemic.
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4 May 21
Colombia’s finance minister Alberto Carrasquilla announced his resignation yesterday, after controversial tax reforms were scrapped following civil unrest.
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27 Apr 21
Portugal has become the first European Union member to officially submit its final Covid-19 recovery plan to Brussels, as the bloc’s pandemic rescue fund inches closer to fruition.
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22 Apr 21
Taiwan’s credit rating has been upgraded to ‘AA’ from ‘AA-’, after the nation managed to come out of Covid-19 “largely unscathed”, according to ratings agency Standard and Poor’s.
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20 Apr 21
Canada’s first pandemic budget includes huge childcare spending and Covid-19 relief, as well as a plan to slash the deficit over the next few years.
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20 Apr 21
Proposed tax reforms will be critical to ensuring Colombia’s debt levels are stabilised in the medium-term, according to ratings agency Fitch.
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20 Apr 21
Defence spending is set to accelerate in 2021, but Covid-19 poses big questions about whether that growth is sustainable, writes Fenella McGerty.
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19 Apr 21
Rising debts and the differing strength of public finances across eurozone countries make reforming European fiscal rules more challenging, ratings agency Fitch said in a report.
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19 Apr 21
Rating’s agency Standard and Poor’s has revised up its ratings outlook for US local and state governments due to increased support from president Joe Biden’s rescue package.
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15 Apr 21
The first meeting of Turkey’s monetary policy committee since president Recip Tayyip Erdogan sacked his previous central bank governor has frozen the country’s benchmark interest rate.
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15 Apr 21
Efficiently shifting workers from unviable parts of the economy to growth sectors will halve medium term scarring to the European economy after Covid-19, according to a leading IMF official.
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14 Apr 21
A petition by 200,000 Kenyans is calling on the International Monetary Fund to stop lending their government money, forcing a minister to defend a $2.34bn funding deal signed on 3 April
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14 Apr 21
Major economies need to make a much greater effort to reach their aid goals, despite spending hitting a record $161bn in 2020, according to the OECD.
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14 Apr 21
Vietnam’s successful campaign to contain the spread of Covid-19 could lead to an upgrade to its credit rating, according to a ratings agency.
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14 Apr 21
A new book argues that the US moon programme can inform a new approach to public procurement – but lands short
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14 Apr 21
Ecuador’s election winner Guillermo Lasso has said he will revive the country’s struggling economy by eliminating the deficit within his term.
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9 Apr 21
A rise in inflation could be a desirable way to help pay off Covid-19 debt, as bond markets continue their popularity, according to a leading chief investment officer.
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9 Apr 21
Governments should consider implementing a one-off wealth tax to help pay for the cost of Covid-19 support packages, according the International Monetary Fund.