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24 Jul 20
Australia’s budget deficit is expected to reach $185bn (£103bn) in the current financial year as the government battles against the health and economic crisis caused by coronavirus.
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21 Jul 20
The US response to Covid-19 has been particularly challenging for state and local governments, the IMF noted while examining the impact of the pandemic on the world’s largest economy.
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21 Jul 20
EU leaders have agreed a “massive” €750bn Covid-19 recovery package to help the 27 member states’ economies bounce back after the pandemic.
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16 Jul 20
Further high-level spending on health and social assistance programmes will be needed in Indonesia once the Covid-19 pandemic is over, the World Bank has said.
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14 Jul 20
European Commission plans for a post-pandemic recovery among the EU’s poorer members risk being misspent without greater direction from Brussels, the EU’s spending watchdog has warned.
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10 Jul 20
More than 1bn rubles earmarked by the Russian government for cultural projects have been redirected to its reserves as the country battles the Covid-19 crisis.
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10 Jul 20
A €5bn ‘Brexit reserve’ has been proposed by the European Council to deal with disruption caused to other members states when the UK’s transition phase ends in 2021.
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10 Jul 20
France must look to spending cuts rather than tax increases to help cap public debt during its economic recovery from the pandemic, the country’s central bank head has said.
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7 Jul 20
Proponents of universal basic income believe their case has been strengthened by the sudden shock of the pandemic, with several countries implementing emergency schemes, but what form should it take...
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6 Jul 20
Sovereign wealth and pension funds should seek investments that couple financial returns with societal and environmental benefits, researchers from the Inter-American Development Bank have argued.
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3 Jul 20
Black Lives Matter protests show there is a fiscal element to social justice, and should force governments to think about how to involve marginalised people in budget-setting, a transparency...
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3 Jul 20
Namibia is looking to set up a sovereign wealth fund to secure savings for its future, the country’s government has said.
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1 Jul 20
The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
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30 Jun 20
The Australian government is making its largest ever investment in cyber security, through a commitment to spend more than $1bn over the next decade.
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30 Jun 20
France should undertake an “in-depth review” of its public spending policies in order to rebuild its economy and stop government debt spiralling, the country’s state auditor has said.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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23 Jun 20
Japan will not change its target to return to a budget surplus by 2025, despite its huge fiscal efforts to counter the impact of Covid-19, its finance minister has said.
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16 Jun 20
No new taxes have been levied to deal with the public finance toll of Covid-19 in Pakistan’s new budget, in which the government outlined a huge stimulus package and a sizeable hike in defence...
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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2 Jun 20
The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
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2 Jun 20
Treasury management is a fast-moving and ever-changing discipline. Understanding the environment that you are operating in and developing an effective strategy is essential to identifying and...
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
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22 May 20
The US spending watchdog has told the government it could save tens of billions of dollars by reducing overlap and duplication in its programmes.
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20 May 20
France and Germany have proposed that a €500bn EU recovery fund be distributed to the member nations worst affected by the Covid-19 pandemic.
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15 May 20
Egypt’s request for a $2.7bn emergency loan to help offset the financial impact of the coronavirus pandemic has been approved by the International Monetary Fund.