-
17 Jan 23
The Ukrainian government will receive the first tranche of an €18bn European Union support package later this week, after agreeing to loan conditions.
-
17 Jan 23
Concerns over an extended period of high inflation will lead to the European Central Bank raising interest rates higher than expected, ratings agency Fitch has said.
-
17 Jan 23
The US Congress not raising the country’s debt ceiling could lead to “irreparable harm” to the US and the world economy if the government ended up defaulting, Treasury secretary Janet Yellen said.
-
13 Jan 23
The French government wants to raise the retirement age to reduce the pressure swelling pension costs are placing on the country’s public finances.
-
12 Jan 23
Overall sukuk issuance is expected to rise slowly this year as major issuers’ financing needs remain high but so do oil revenues, analysts have predicted.
-
11 Jan 23
Egypt will reduce the state’s role in the economy – including its military, which has grown its footprint rapidly in the decade since a 2013 coup – in a bid to boost growth, the president has agreed...
-
10 Jan 23
The new Italian government has signalled its intention to keep its fiscal policies aligned with the European Union amid concerns over the eurosceptic administration.
-
9 Jan 23
The Pakistani government has revealed it will need around $8bn to help rebuild the country following a summer of devastating floods.
-
9 Jan 23
Most of Sri Lanka’s external debt payments are made to private creditors, and a group of economists has called on them to “share the burden” of restructuring the country’s debt as it attempts to...
-
6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
-
20 Dec 22
The International Monetary Fund has agreed to release $447m to the Kenyan government to help support the nation’s budget and continued progress on reforms.
-
19 Dec 22
The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
-
16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
-
15 Dec 22
The European Parliament has given the green light to an €18bn loan package to Ukraine, after a veto forced the proposals to be revised.
-
15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
-
13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
-
13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
-
9 Dec 22
Senior Filipino ministers have announced plans to set up a sovereign wealth fund aimed at supporting the economy and providing funding for large infrastructure projects.
-
9 Dec 22
Rapidly falling reserves were among concerns cited by rating agency Moody’s as it placed Bangladesh’s rating under review for a downgrade.
-
8 Dec 22
Reforms to improve economic governance and target social welfare payments more effectively should be urgent priorities for the Sri Lankan government as it tries to wrest itself from financial turmoil...
-
7 Dec 22
The Hungarian government has blocked an €18bn European Union package to support Ukraine’s budget and fund the war effort against Russia.
-
6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
-
6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
-
5 Dec 22
Argentina is set to receive the third tranche of a $44bn International Monetary Fund bailout.
-
2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.