-
22 Sep 20
Developing economies have some breathing space to deal with Covid-19 thanks to intervention by global financial institutions. But will piling up debt make recovery prospects even more precarious?
-
18 Sep 20
New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
-
17 Sep 20
Public financial management is vital for the long-term sustainability of public services, explains CIPFA’s head of international relations Salema Hafiz, and coming together as a profession to...
-
16 Sep 20
Africa needs fiscal space to deal with the pandemic, and it needs help from its creditors to get it, according to Senegalese president Micky Sall. Author NJ Ayuk explains why this doesn’t go far...
-
14 Sep 20
The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
-
11 Sep 20
European leaders have approved a €6.2bn increase to this year’s EU budget to fund the development of Covid-19 vaccines and address other effects of the pandemic.
-
7 Sep 20
The Netherlands is launching a national growth fund to help boost the country’s future prosperity and fortify the economy against future downturns.
-
7 Sep 20
Sweden plans to invest billions of kronor in healthcare and help for the elderly, along with giving local governments large cash boosts, as the country recovers from the Covid-19 pandemic.
-
3 Sep 20
Treasury management is as much about managing relationships as it is cash and risk. Together credibility, trust and understanding create the foundation upon which effective treasury management can be...
-
2 Sep 20
Cambodia has received approval on a $250m loan from the Asian Development Bank, to help with the country’s response to Covid-19.
-
28 Aug 20
The US Federal Reserve has adopted a new monetary policy strategy, which will be more accommodating of temporary increases in inflation.
-
27 Aug 20
The Swedish Government is set to spend an “historic” SEK 100bn ($11.5bn) in its upcoming budget, in bid to help the country’s economic recovery from Covid-19.
-
25 Aug 20
Bank of Zambia governor Denny Kalyalya was sacked by Zambian president Edgar Lungu over the weekend, as the country continues discussions with the International Monetary Fund.
-
24 Aug 20
The European Commission has presented proposals to the European Council to grant financial support of €81.4bn to 15 member states.
-
21 Aug 20
Muhammad Afnan Alam outlines the role Sukuks are expected to play this year and beyond in Asia and the Middle East, as Covid-19 and low oil prices shake economies.
-
21 Aug 20
A £16bn pay rise for Brazilian civil servants has been blocked by the president and the government’s lower house, amid the country’s public finances suffering because of Covid-19.
-
19 Aug 20
CIPFA’s Alan Edwards has been appointed as chair of a committee working to improve public financial management in the Asia Pacific region.
-
18 Aug 20
Denmark will tax banks and its richest citizens to pay for an early retirement scheme for physical labourers.
-
18 Aug 20
Poor countries’ debt payments have reached their highest level since 2001, having grown by 115% in the past decade, new analysis has found.
-
13 Aug 20
Higher funding needs from responding to Covid-19 along with declining oil sales will lead to greater sukuk issuance this year by the largest sovereign issuers, despite its decline as an overall share...
-
11 Aug 20
Egypt’s progress on economic reforms has stalled while it responds to Covid-19, leading the IMF to agree a $5.2bn package to help see the government through the crisis.
-
4 Aug 20
France’s home carers will each be given a ‘Covid-19 bonus’ in recognition of their work taking care of many of the nation’s elderly and people with disabilities.
-
31 Jul 20
Japan has pushed its budget surplus target back because of the impact Covid-19 has had on the government’s finances.
-
31 Jul 20
Covid-19 has shown that South Africa needs to improve its social protection system to ensure everyone living in poverty is supported, economists have argued in a report into the country.
-
28 Jul 20
The asset management company Ireland created in response to the global financial crisis more than a decade ago is expected to return €4bn to the government over its lifetime.