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22 Apr 24
Ratings agency Moody’s has kept its judgement of the New Zealand government’s creditworthiness at its highest notch, citing strong institutions, fiscal discipline and vibrant economy.
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9 Apr 24
Dag Detter explores how governments might maximise the benefits of public wealth, through managing their assets better and using Net Worth-based fiscal rules.
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28 Mar 24
A fiscal rule is making Uruguay’s public finances more credible, but it might fall short of actually stabilising the government’s debt, ratings agency Fitch has said.
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26 Mar 24
Zambia has moved a step closer to exiting its years-long default after agreeing a restructure deal covering billions of dollars of debt with a group of its private bondholders.
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15 Mar 24
Sovereign wealth funds are increasing climate change scrutiny
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12 Mar 24
Finance ministers have agreed that cutting deficits in the euro area should remain the priority amid a sluggish global economy, as they set out their priorities for next year’s budgets.
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6 Mar 24
Targeting welfare payments to the most vulnerable and providing more funding for schools in deprived areas will reduce poverty and inequality across Hungary, the OECD has said.
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5 Mar 24
Adopting reforms to reduce Iraq’s reliance on oil revenue and improving financial management will be key to prevent debt rising, the International Monetary Fund has said.
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27 Feb 24
Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
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23 Feb 24
Ukraine’s strong performance on economic reforms despite the ongoing war has prompted the International Monetary to move towards releasing $880m of concessional support.
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20 Feb 24
High lending to nations with low credit ratings could leave the African Export-Import Bank exposed to risks such as debt restructuring, contributing to ratings agency Moody’s lowering its credit...
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20 Feb 24
Concessional loan support will finance projects to improve resilience against climate change such as those that reduce vulnerability to flooding and coastal erosion, the International Monetary Fund...
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15 Feb 24
A bill that would deliver military assistance and aid to Ukraine and Israel has moved one step closer following Senate approval.
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13 Feb 24
Cutting expensive fuel subsidies and efforts to reform its tax system show the Nigerian government is starting to tackle the economy's “deep-rooted” structural issues, the International Monetary Fund...
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9 Feb 24
Procurement deal with US and a bond buy-back scheme raise profile
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6 Feb 24
Developing countries will be unable to raise the $3trn a year necessary to meet climate change and Sustainable Development Goals without a significant reduction in debt costs, researchers have warned...
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2 Feb 24
Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.
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23 Jan 24
Fitch predicts interest rate cuts due this year.
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22 Jan 24
Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
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19 Jan 24
A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
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16 Jan 24
Ratings agency delivers its own ‘Blue Monday’ warning post-Covid recovery facing risks including war.
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16 Jan 24
A preliminary deal to restructure Ghana's bilateral debt could unlock almost $1.2bn of concessional finance to invest in “critical” public infrastructure, the nation’s Ministry of Finance has said.
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12 Jan 24
The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.