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24 Mar 23
Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
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23 Mar 23
The Ukrainian government has received preliminary approval of a $15.6bn package from the International Monetary Fund to support the nation through its war with Russia and help adopt reforms to reduce...
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21 Mar 23
A $3bn bailout has finally been approved by the International Monetary Fund’s board, six months after a deal was first reached.
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17 Mar 23
French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
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16 Mar 23
The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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14 Mar 23
The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
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7 Mar 23
Greece will regain an investment grade credit rating this year after more than a decade in junk territory, the country’s central bank governor has said.
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7 Mar 23
Rising service demand has been tipped to keep local and regional government borrowing high in the coming years compared with historical trends, despite it having fallen since the immediate aftermath...
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3 Mar 23
A senior Chinese official has defended the nation’s efforts to support debt restructuring for emerging economies amid international criticism.
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3 Mar 23
Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
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2 Mar 23
An “attractive” tax system encouraging private investment could help rebuild Ukraine, the country’s president said as he announced that his government has begun working with the OECD to develop one.
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1 Mar 23
Concerns over a potential debt default and restricted access to new borrowing have led to ratings agency Moody’s downgrading Pakistan’s credit rating.
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28 Feb 23
Malaysia’s fiscal position remains at risk of shocks and political pressure after last week’s budget contained only gradual ambitions to cut the government deficit, ratings agency analysts have...
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27 Feb 23
An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
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22 Feb 23
The Ukrainian government has requested $15bn from the International Monetary Fund to meet immediate spending needs and pay for structural reforms.
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16 Feb 23
Donations from European nations have ended a three-decade long battle to clear Somalia’s debt arrears with a United Nations development group, paving the way for new support.
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14 Feb 23
The European Union should avoid a further suspension to the bloc’s fiscal rules at the end of this year, a senior official has said.
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13 Feb 23
Governments across Europe have spent more than three-quarters of a trillion euros on shielding households and businesses against rising energy costs, researchers have found.
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10 Feb 23
The Ukrainian government has earmarked a major tranche of new spending to support small businesses and repair crumbling infrastructure.
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8 Feb 23
Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
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7 Feb 23
The Reserve Bank of Australia has lifted its main lending rates for the ninth successive time in a bid to bring inflation under control.
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2 Feb 23
Major central banks have continued to hike interest rates in a bid to tame inflation, which remains at multi-decade highs.
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2 Feb 23
The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
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30 Jan 23
The risk of higher government deficits has prompted another downgrade in Nigeria’s credit rating, Moody’s has said.
24 Mar 23Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
23 Mar 23The Ukrainian government has received preliminary approval of a $15.6bn package from the International Monetary Fund to support the nation through its war with Russia and help adopt reforms to reduce...
21 Mar 23A $3bn bailout has finally been approved by the International Monetary Fund’s board, six months after a deal was first reached.
17 Mar 23French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
16 Mar 23The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
15 Mar 23Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
14 Mar 23The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
7 Mar 23Greece will regain an investment grade credit rating this year after more than a decade in junk territory, the country’s central bank governor has said.
7 Mar 23Rising service demand has been tipped to keep local and regional government borrowing high in the coming years compared with historical trends, despite it having fallen since the immediate aftermath...
3 Mar 23A senior Chinese official has defended the nation’s efforts to support debt restructuring for emerging economies amid international criticism.
3 Mar 23Italy has been forced to recognise a much larger budget deficit in each of the past three years, pushing it even further away from currently suspended European Union rules.
2 Mar 23An “attractive” tax system encouraging private investment could help rebuild Ukraine, the country’s president said as he announced that his government has begun working with the OECD to develop one.
1 Mar 23Concerns over a potential debt default and restricted access to new borrowing have led to ratings agency Moody’s downgrading Pakistan’s credit rating.
28 Feb 23Malaysia’s fiscal position remains at risk of shocks and political pressure after last week’s budget contained only gradual ambitions to cut the government deficit, ratings agency analysts have...
27 Feb 23An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
22 Feb 23The Ukrainian government has requested $15bn from the International Monetary Fund to meet immediate spending needs and pay for structural reforms.
16 Feb 23Donations from European nations have ended a three-decade long battle to clear Somalia’s debt arrears with a United Nations development group, paving the way for new support.
13 Feb 23Governments across Europe have spent more than three-quarters of a trillion euros on shielding households and businesses against rising energy costs, researchers have found.
8 Feb 23Using up foreign reserves to meet soaring costs will restrict Egypt’s ability to service its debt and was named as a major contributor to a cut in its credit rating by ratings agency Moody’s.
7 Feb 23The Reserve Bank of Australia has lifted its main lending rates for the ninth successive time in a bid to bring inflation under control.
2 Feb 23Major central banks have continued to hike interest rates in a bid to tame inflation, which remains at multi-decade highs.
2 Feb 23The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
