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30 Nov 20
The Covid-19 pandemic could hit a recent recovery in investment sub-national governments, according to research by the OECD.
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27 Nov 20
Incoming US president Joe Biden is to nominate former Federal Reserve head Janet Yellen as the first female secretary of the US Treasury, according to reports in America.
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25 Nov 20
A political standoff with the Israeli government has combined with Covid-19 and a pre-existing economic slowdown to leave the Palestinian Authority struggling, the World Bank has said.
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25 Nov 20
Spain’s minority coalition government may be able to pass the country’s first full-year budget since 2016, after a Catalan separatist party announced its support.
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25 Nov 20
The European Investment bank has approved an €890m loan towards the development of a high-speed rail line from Madrid to the Portuguese border.
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20 Nov 20
Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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17 Nov 20
Saudi Arabia’s sovereign wealth fund will inject 150bn riyals (£30bn) into the Kingdom’s economy in 2021 to help spur its recovery from low oil revenues and Covid-19, the country’s crown prince has...
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6 Nov 20
The Malaysian government has presented an expansionary budget for 2021 as it attempts to steer its economy through the crisis caused by Covid-19.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.
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3 Nov 20
A new development bank is to be established to help the Ghanaian government boost specific sectors of its economy, after the country obtained a loan from the World Bank.
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30 Oct 20
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
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29 Oct 20
Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
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28 Oct 20
It is vital that treasury strategies consider the long- and short-term risks of borrowing decisions, and that these decisions are carefully documented. As a treasury manager you should ensure all...
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27 Oct 20
Hikes to corporation, income and wealth taxes in Spain’s draft 2021 budget underpin the government’s “progressive” approach to public finances, the country’s president has said.
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23 Oct 20
Public finance management reforms in the Pakistani state of Punjab have been boosted by $304m of World Bank financing as the government hopes to generate savings and create fiscal space for growth-...
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23 Oct 20
The Omani Sultan has approved a medium-term fiscal plan in the hope of balancing the country’s public finances and decreasing its dependence on oil revenue.
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21 Oct 20
Indonesia is to launch a sovereign wealth fund in January as part of government efforts to finance its huge infrastructure needs, including a new capital city.
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13 Oct 20
Auditors have urged France to cut spending on health insurance payments after projecting the social security system deficit will balloon by more than 20 times its size this year.
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6 Oct 20
The next Australian budget will see the government take on record amounts of debt, with treasurer Josh Frydenberg saying he wants to support businesses to keep people in jobs during and after the...
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5 Oct 20
More than 200 million doses of a purported vaccine for Covid-19 have been sold by Russia’s sovereign wealth fund to countries desperate for an end to the health crisis.
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29 Sep 20
The economic and health crises caused by Covid-19 led Germany’s overall public debt to its highest ever level in the first half of 2020, the country’s official statistics bureau Destatis has...
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23 Sep 20
Cambodia will work to improve public financial management among its local governments, after obtaining a loan from the Asian Development Bank.
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23 Sep 20
Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
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22 Sep 20
Covid-19 and lower yield from oil exports threatened to derail Angola’s efforts at economic recovery, but the IMF has lauded the government’s efforts to keep reforms on track.