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14 Jul 22
Developed governments have failed to use the energy crisis to fund incentives for the transition to renewable energy, delegates at Public Finance Live were told.
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12 Jul 22
The prime minister and president of Sri Lanka will resign after the country’s economic crisis led to months of protests.
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12 Jul 22
Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
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12 Jul 22
“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
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8 Jul 22
South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
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8 Jul 22
The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
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7 Jul 22
The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
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6 Jul 22
The World Bank will loan Indonesia $350m to support reforms aimed at improving the health and education of its citizens and thereby boost productivity.
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5 Jul 22
The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
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4 Jul 22
The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
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1 Jul 22
Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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27 Jun 22
Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
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24 Jun 22
The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
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21 Jun 22
Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
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16 Jun 22
The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
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15 Jun 22
The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
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15 Jun 22
The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
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14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
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14 Jun 22
Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
14 Jul 22Developed governments have failed to use the energy crisis to fund incentives for the transition to renewable energy, delegates at Public Finance Live were told.
12 Jul 22The prime minister and president of Sri Lanka will resign after the country’s economic crisis led to months of protests.
12 Jul 22Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
12 Jul 22“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
8 Jul 22South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
8 Jul 22The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
7 Jul 22The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
6 Jul 22The World Bank will loan Indonesia $350m to support reforms aimed at improving the health and education of its citizens and thereby boost productivity.
5 Jul 22The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
4 Jul 22The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
1 Jul 22Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
1 Jul 22Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
28 Jun 22French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
27 Jun 22Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
24 Jun 22The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
21 Jun 22Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
17 Jun 22The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
16 Jun 22The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
15 Jun 22The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
15 Jun 22The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
14 Jun 22The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
14 Jun 22Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
13 Jun 22Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
13 Jun 22Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
10 Jun 22The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.
