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2 May 23
A May Day deal on pay has led to a Canadian trade union effectively ending one of the largest public sector strikes in the country’s history.
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2 May 23
Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
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28 Apr 23
The Nigerian government has delayed plans to remove expensive fuel subsidies, despite senior officials recognising the relief is “not sustainable”.
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27 Apr 23
A bill passed by the House of Representatives to lift the debt limit and cut future spending has “no chance” of becoming law, the US president’s spokesperson has said.
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26 Apr 23
A preliminary agreement with lenders to access finance has put Sri Lanka on a path to restructuring its high level of debt, the country’s president has said.
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25 Apr 23
Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
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25 Apr 23
Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
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24 Apr 23
The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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18 Apr 23
Credit ratings based on a simplistic understanding of African countries’ economies cost those countries’ governments $74.5bn in borrowing costs, researchers at the United Nations have suggested.
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18 Apr 23
Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
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14 Apr 23
The Chinese government has committed to resolving disputes to enable nations in debt distress to restructure their loans, a senior official has said.
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14 Apr 23
Support for refugees and others affected by the war in the Ukraine saw total foreign aid reach $200bn in a single year for the first time, researchers at the OECD have said.
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11 Apr 23
Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
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11 Apr 23
Debt payments are set to take up more government revenue in developing countries than at any point since 1998, researchers have found.
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6 Apr 23
Large foreign reserves and low government debt levels drove Saudi Arabia’s credit rating upgrade, ratings agency Fitch has said.
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6 Apr 23
Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
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5 Apr 23
Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
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3 Apr 23
Lower-income countries will be unable to meet their financing needs without urgent support from wealthier countries, IMF managing director Kristalina Georgieva has warned.
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30 Mar 23
Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
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30 Mar 23
The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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28 Mar 23
The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
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27 Mar 23
The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
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24 Mar 23
Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
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24 Mar 23
The reconstruction and recovery of Ukraine is expected to cost more $400bn and take almost a decade to complete, researchers have said.
2 May 23A May Day deal on pay has led to a Canadian trade union effectively ending one of the largest public sector strikes in the country’s history.
2 May 23Ongoing strikes could hurt the French government’s plans to reduce spending and were highlighted as a major contribution to a cut in its credit rating by Fitch.
28 Apr 23The Nigerian government has delayed plans to remove expensive fuel subsidies, despite senior officials recognising the relief is “not sustainable”.
27 Apr 23A bill passed by the House of Representatives to lift the debt limit and cut future spending has “no chance” of becoming law, the US president’s spokesperson has said.
26 Apr 23A preliminary agreement with lenders to access finance has put Sri Lanka on a path to restructuring its high level of debt, the country’s president has said.
25 Apr 23Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
25 Apr 23Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
24 Apr 23The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
19 Apr 23A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
18 Apr 23Credit ratings based on a simplistic understanding of African countries’ economies cost those countries’ governments $74.5bn in borrowing costs, researchers at the United Nations have suggested.
18 Apr 23Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
14 Apr 23The Chinese government has committed to resolving disputes to enable nations in debt distress to restructure their loans, a senior official has said.
14 Apr 23Support for refugees and others affected by the war in the Ukraine saw total foreign aid reach $200bn in a single year for the first time, researchers at the OECD have said.
11 Apr 23Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
11 Apr 23Debt payments are set to take up more government revenue in developing countries than at any point since 1998, researchers have found.
6 Apr 23Large foreign reserves and low government debt levels drove Saudi Arabia’s credit rating upgrade, ratings agency Fitch has said.
6 Apr 23Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
5 Apr 23Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
3 Apr 23Lower-income countries will be unable to meet their financing needs without urgent support from wealthier countries, IMF managing director Kristalina Georgieva has warned.
30 Mar 23Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
30 Mar 23The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
28 Mar 23The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
27 Mar 23The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
24 Mar 23Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
