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16 Jun 17
Critical bailout funds for Greece have been agreed at the eleventh hour after months of wrangling amongst creditors, with the International Monetary Fund offering conditional backing to the package.
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14 Jun 17
The way governments account for the profits made from commodities like oil can encourage unsustainable behaviour, according to the Goa Foundation. Should accounting rules be changed?
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13 Jun 17
Italy must press ahead with reforms to its public sector in order to foster stronger growth, the International Monetary Fund has stressed.
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13 Jun 17
The International Monetary Fund has released $314.4m to Tunisia, rewarding the government’s efforts towards economic stability.
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8 Jun 17
The German government could have to fork out billions of euros in tax rebates after the country’s constitutional court ruled that a nuclear fuel levy it imposed on energy companies was illegal.
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8 Jun 17
The European Commission has launched the bloc’s first shared fund for defence, which it said would ensure spending is more efficient and improve value for money.
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6 Jun 17
Nigeria’s total public debt rose to $62.9bn at the end of March this year, as the country struggles to deliver its spending plans amid its first recession in a quarter of a century.
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5 Jun 17
South Africa has avoided further damaging downgrades from ratings agencies in the past week, but continuing political turmoil remains a risk.
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5 Jun 17
Fiscal policy has a critical role in tackling two of the major challenges facing Asia and the Pacific in the coming decades – ageing and inclusivity – the International Monetary Fund’s deputy...
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5 Jun 17
The World Bank has sounded the alarm over large deficits and rising debt in emerging and developing markets in its latest report on global economic prospects.
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31 May 17
Pakistan’s finance minister has called upon treasury officials to “continue the hard work” in order to fulfil targets outlined in the country’s 2017-18 budget, unveiled last week.
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30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
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30 May 17
Read the October 2016 special edition of PFI Magazine
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26 May 17
Fitch Ratings has warned that a plan for Azerbaijan’s government to take on $2.3bn in debt from an ailing state-owned bank would increase public dues without alleviating uncertainty.
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26 May 17
In its 2017 budget, New Zealand unveiled public finance forecasts likely to be envied the world over. Set for a significant, and growing, cash surplus, the government can tackle some long-standing...
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25 May 17
New Zealand expects a surplus of around $5bn by 2021, according to its 2017 budget, which plans lower taxes and investment in services and infrastructure to make the most of this position.
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25 May 17
The International Monetary Fund has approved a $5.5bn loan package to help rebuild the Mongolian economy after it was battered by the slump in commodity prices.
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24 May 17
Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
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23 May 17
Taking measures to tackle climate change will boost economic growth over the medium and long term, according to a OECD report.
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23 May 17
Greece and the European Commission must conclude a new agreement on a bailout next month after talks failed this week, economic and financial affairs commissioner Pierre Moscovici has said.
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19 May 17
The International Monetary Fund has lifted its growth forecast for South Africa to 1% as two factors weighing on the economy – drought and depressed commodity prices – dissipate.
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19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
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18 May 17
Saudi Arabia could slow down its efforts to balance the budget, but still needs a substantial programme of tax increases and spending cuts in the long run, the International Monetary Fund has said.
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17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
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17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good