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19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
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18 May 22
The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
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17 May 22
California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
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16 May 22
Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
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13 May 22
The level of remittances to low-and-middle-income nations is expected to hit $630bn this year, fuelled by increased funding to Ukraine following February’s invasion, according to the World Bank Group...
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12 May 22
Politicians have rushed to promise to rid public bodies of their Russian holdings, leaving officers wrestling with practical difficulties.
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12 May 22
Pakistan has been urged to speed up its progress on reforms if it wants its economy to develop and recover from Covid-19.
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10 May 22
Denmark’s plan to double its deficit limit has received the backing of the International Monetary Fund in its latest appraisal of the Danish economy.
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9 May 22
The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
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9 May 22
Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
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6 May 22
The International Monetary Fund has urged “fiscal flexibility” from Ireland as the government faces the twin challenges of supporting the economy through inflation and keeping public finances...
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6 May 22
Tightening monetary policy poses risks to Japan’s debt dynamics when the government already has the largest debt of any investment-grade country, rating agency Fitch has warned.
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5 May 22
US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
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5 May 22
The Russian government made a last-ditch dollar payment on two sovereign bonds, avoiding a historic debt default, according to reports.
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4 May 22
The International Monetary Fund has approved a “precautionary” credit line for Colombia as it faces risks from inflation, in a bid to reinforce market confidence in the South American country.
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4 May 22
A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
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4 May 22
New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
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3 May 22
Including all staff members in workplace conversations can help finance departments reach their full potential.
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29 Apr 22
The Swedish central bank has raised interest rates to 0.25% alongside plans to reduce its balance sheet, in response to inflationary risks.
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29 Apr 22
Covid-19 support and high revenues meant Brazilian state governments began 2022 with large cash reserves, but they face warnings about spending pressures that will test their liquidity.
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28 Apr 22
The Swiss National Bank has reported a loss of 32.8bn francs (£27.1bn) in the first quarter of 2022, largely because of low bond prices and a strong franc devaluing its foreign currency holdings.
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28 Apr 22
Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
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28 Apr 22
Governments in Latin America face an unusually high risk from soaring prices and higher borrowing rates, a combination that could hinder policy action, according to the International Monetary Fund.
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26 Apr 22
Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
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26 Apr 22
Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
19 May 22The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
18 May 22The economic slowdown caused by strict Covid-19 restrictions in China could lead to a widening of local and regional government deficits this year, according to ratings agency S&P.
17 May 22California is on track to record a budget surplus close to $100bn this year thanks to tax income far overshooting initial forecasts.
16 May 22Raising tax revenue has been named as the “top priority” for Laos, whose high debt and poor tax collection have left it struggling to deal with the economic crisis caused by Covid-19 and Russia’s...
13 May 22The level of remittances to low-and-middle-income nations is expected to hit $630bn this year, fuelled by increased funding to Ukraine following February’s invasion, according to the World Bank Group...
12 May 22Politicians have rushed to promise to rid public bodies of their Russian holdings, leaving officers wrestling with practical difficulties.
12 May 22Pakistan has been urged to speed up its progress on reforms if it wants its economy to develop and recover from Covid-19.
10 May 22Denmark’s plan to double its deficit limit has received the backing of the International Monetary Fund in its latest appraisal of the Danish economy.
9 May 22The Irish government’s track record of low debt and budgetary surpluses is a key contributor to an increase in the nation’s credit rating announced today, according to ratings agency Moody’s.
9 May 22Incoming Costa Rican president Rodrigo Chaves has said he will keep on top of debt payments, having previously said the government needs a new support package from the International Monetary Fund.
6 May 22The International Monetary Fund has urged “fiscal flexibility” from Ireland as the government faces the twin challenges of supporting the economy through inflation and keeping public finances...
6 May 22Tightening monetary policy poses risks to Japan’s debt dynamics when the government already has the largest debt of any investment-grade country, rating agency Fitch has warned.
Biden says US will pay down debt for first time in years and promises largest ever deficit reduction5 May 22US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
5 May 22The Russian government made a last-ditch dollar payment on two sovereign bonds, avoiding a historic debt default, according to reports.
4 May 22The International Monetary Fund has approved a “precautionary” credit line for Colombia as it faces risks from inflation, in a bid to reinforce market confidence in the South American country.
4 May 22A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
4 May 22New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
3 May 22Including all staff members in workplace conversations can help finance departments reach their full potential.
29 Apr 22The Swedish central bank has raised interest rates to 0.25% alongside plans to reduce its balance sheet, in response to inflationary risks.
29 Apr 22Covid-19 support and high revenues meant Brazilian state governments began 2022 with large cash reserves, but they face warnings about spending pressures that will test their liquidity.
28 Apr 22The Swiss National Bank has reported a loss of 32.8bn francs (£27.1bn) in the first quarter of 2022, largely because of low bond prices and a strong franc devaluing its foreign currency holdings.
28 Apr 22Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
28 Apr 22Governments in Latin America face an unusually high risk from soaring prices and higher borrowing rates, a combination that could hinder policy action, according to the International Monetary Fund.
26 Apr 22Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
26 Apr 22Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
