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3 Oct 23
The European Commission has agreed to more than double Spain’s recovery and resilience plan to increase investment in sustainability and renewable energy.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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29 Sep 23
Morocco is set to receive a $1.3bn loan from the International Monetary Fund to help resilience against climate change and natural disasters, just weeks after it was hit by a devastating earthquake.
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28 Sep 23
Slow progress on reforms aimed at delivering financial stability in Sri Lanka has prompted the International Monetary to withhold the second tranche of a $3bn bailout.
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26 Sep 23
Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
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26 Sep 23
The US government’s triple-A credit rating could be threatened by a government shutdown, analysts warned amid a Congressional impasse.
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19 Sep 23
Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
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18 Sep 23
The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
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15 Sep 23
New Zealand’s budget will not return to a surplus until 2026-27 according to its latest forecast – a year later than previously planned.
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12 Sep 23
More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
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5 Sep 23
Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
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5 Sep 23
High inflation and a lower-than-expected grant allocation have prompted the Croatian government to propose €4bn additional support from the European Union to fund its post-pandemic recovery programme...
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5 Sep 23
The South African government is set to close the department that oversees state companies and launch a new holding company to improve management.
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1 Sep 23
Afghanistan’s weak collection of non-tax income has seen revenues dip below forecasts this year, economists at the World Bank have said.
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25 Aug 23
Argentina will receive another $7.5bn from its $44bn programme with the International Monetary Fund, now the fund’s executive board has completed its fifth and sixth reviews of the deal.
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22 Aug 23
High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
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11 Aug 23
Taxes on marijuana have provided modest revenue for US states since they legalised the sale of the plant for recreational use.
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11 Aug 23
Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
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9 Aug 23
A law restricting the rights of the LGBTQ+ community in Uganda undermines inclusion and has led to the World Bank suspending new loans.
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8 Aug 23
Dozens of countries will see their credit ratings cut unless the world cuts greenhouse gas emissions and slows climate change, research has suggested.
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8 Aug 23
The Ecuadorian government is set to receive a $500m development loan from the World Bank to support climate mitigation and green economic development.
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4 Aug 23
Repeated last-minute fixes to the US debt limit have hit confidence in the country’s government to such an extent that Fitch downgraded its rating, also warning of growing debt and rising deficits.
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4 Aug 23
A sovereign wealth fund will ensure Lebanon’s hoped-for future oil and gas revenues get proper oversight and management, and therefore help boost economic growth and meet public spending demands, the...
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4 Aug 23
A recent military coup will restrict access to finance and was a key driver in a double credit rating downgrade of Niger, Moody’s has said.
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
3 Oct 23The European Commission has agreed to more than double Spain’s recovery and resilience plan to increase investment in sustainability and renewable energy.
2 Oct 23Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
29 Sep 23Morocco is set to receive a $1.3bn loan from the International Monetary Fund to help resilience against climate change and natural disasters, just weeks after it was hit by a devastating earthquake.
28 Sep 23Slow progress on reforms aimed at delivering financial stability in Sri Lanka has prompted the International Monetary to withhold the second tranche of a $3bn bailout.
26 Sep 23Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
26 Sep 23The US government’s triple-A credit rating could be threatened by a government shutdown, analysts warned amid a Congressional impasse.
19 Sep 23Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
18 Sep 23The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
15 Sep 23New Zealand’s budget will not return to a surplus until 2026-27 according to its latest forecast – a year later than previously planned.
12 Sep 23More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
5 Sep 23Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
5 Sep 23High inflation and a lower-than-expected grant allocation have prompted the Croatian government to propose €4bn additional support from the European Union to fund its post-pandemic recovery programme...
5 Sep 23The South African government is set to close the department that oversees state companies and launch a new holding company to improve management.
1 Sep 23Afghanistan’s weak collection of non-tax income has seen revenues dip below forecasts this year, economists at the World Bank have said.
25 Aug 23Argentina will receive another $7.5bn from its $44bn programme with the International Monetary Fund, now the fund’s executive board has completed its fifth and sixth reviews of the deal.
22 Aug 23High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
11 Aug 23Taxes on marijuana have provided modest revenue for US states since they legalised the sale of the plant for recreational use.
11 Aug 23Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
9 Aug 23A law restricting the rights of the LGBTQ+ community in Uganda undermines inclusion and has led to the World Bank suspending new loans.
8 Aug 23Dozens of countries will see their credit ratings cut unless the world cuts greenhouse gas emissions and slows climate change, research has suggested.
8 Aug 23The Ecuadorian government is set to receive a $500m development loan from the World Bank to support climate mitigation and green economic development.
4 Aug 23A sovereign wealth fund will ensure Lebanon’s hoped-for future oil and gas revenues get proper oversight and management, and therefore help boost economic growth and meet public spending demands, the...
4 Aug 23A recent military coup will restrict access to finance and was a key driver in a double credit rating downgrade of Niger, Moody’s has said.
1 Aug 23The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
