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11 Aug 22
The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
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10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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8 Aug 22
The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
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5 Aug 22
The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
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5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...
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28 Jul 22
The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
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27 Jul 22
El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
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26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
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26 Jul 22
Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
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25 Jul 22
The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.
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25 Jul 22
A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
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21 Jul 22
The Australian government has launched a review to probe the mandate and objectives of the Reserve Bank of Australia following recent criticisms.
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20 Jul 22
The Ukrainian government has reached an agreement with more than 20 developed countries to suspend debt and interest repayments to help the country pay for its war effort.
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19 Jul 22
The French government is set to spend close to €10bn on purchasing shares of energy giant EDF after the country outlined plans to renationalise the company.
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19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
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19 Jul 22
A senior International Monetary Fund official has warned it could be economically unwise to cut taxes, amid calls by many of the prospective new prime ministers to do so.
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18 Jul 22
The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
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15 Jul 22
Pakistan’s economic recovery is dependent on concessional development finance from the International Monetary Fund, the country’s prime minister has said after it released a new tranche of funding.
11 Aug 22The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
10 Aug 22French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
9 Aug 22The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
9 Aug 22Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
8 Aug 22The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
5 Aug 22The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
5 Aug 22European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
2 Aug 22Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
2 Aug 22A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
2 Aug 22The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
28 Jul 22The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
27 Jul 22El Salvador plans to buy back some of its sovereign bonds to send “a clear signal” that the country’s public finances are sound.
26 Jul 22The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
26 Jul 22The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
26 Jul 22Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite high oil prices.
25 Jul 22The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.
25 Jul 22A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
21 Jul 22The Australian government has launched a review to probe the mandate and objectives of the Reserve Bank of Australia following recent criticisms.
20 Jul 22The Ukrainian government has reached an agreement with more than 20 developed countries to suspend debt and interest repayments to help the country pay for its war effort.
19 Jul 22The French government is set to spend close to €10bn on purchasing shares of energy giant EDF after the country outlined plans to renationalise the company.
19 Jul 22Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
19 Jul 22A senior International Monetary Fund official has warned it could be economically unwise to cut taxes, amid calls by many of the prospective new prime ministers to do so.
18 Jul 22The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
15 Jul 22Pakistan’s economic recovery is dependent on concessional development finance from the International Monetary Fund, the country’s prime minister has said after it released a new tranche of funding.
