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15 Dec 20
The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
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11 Dec 20
The Zambian government is seeking a financing arrangement with the International Monetary Fund to support its reform efforts after defaulting on a debt payment last month.
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10 Dec 20
The second wave of Covid-19 has led to the European Central Bank committing to buy €500bn more bonds to help the eurozone economy cope with the continuing fallout of the pandemic.
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8 Dec 20
Devastating typhoons that hit the Philippines as it fought Covid-19 show the importance of preparing for natural disaster risks and climate change adaptation during the recovery, the World Bank has...
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8 Dec 20
Argentina will introduce a tax on the wealthiest 0.8% of its population to pay for its pandemic spending.
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4 Dec 20
Reforms hoped to bring Lebanon back from a state of “bankruptcy” have been presented at a conference organised by the United Nations and French president Emmanuel Macron.
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1 Dec 20
The global economy is expected to grow by 4.2% next year, although performance will depend on how quickly Covid-19 vaccines are rolled out, according to the OECD.
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30 Nov 20
Central banks have promised the end of any further changes to the Basel III framework, introduced to manage risks following the global financial crisis of 2007-09.
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25 Nov 20
A political standoff with the Israeli government has combined with Covid-19 and a pre-existing economic slowdown to leave the Palestinian Authority struggling, the World Bank has said.
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24 Nov 20
Arab countries’ disproportionate reliance on the sectors hit hardest by Covid-19 means they must continue their economic investment to avoid deepening the crisis, the IMF has said.
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23 Nov 20
Two ratings agencies have downgraded South Africa’s credit rating further into junk status, in a “painful” move that will increase the country’s borrowing costs and likely lead to spending cuts or...
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20 Nov 20
Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
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19 Nov 20
Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
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17 Nov 20
Saudi Arabia’s sovereign wealth fund will inject 150bn riyals (£30bn) into the Kingdom’s economy in 2021 to help spur its recovery from low oil revenues and Covid-19, the country’s crown prince has...
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17 Nov 20
Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
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13 Nov 20
A framework to help highly indebted developing countries through the Covid-19 crisis has been agreed by G20 finance ministers, but campaigners have said it fails to create a permanent solution to the...
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12 Nov 20
The potential benefits of speedy Covid-19 vaccine purchases outweigh the significant public investment required and the risk of failures, the Inter-American Development Bank has said.
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11 Nov 20
The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.
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10 Nov 20
US president-elect Joe Biden faces some of the worst economic conditions in 70 years, ratings agency Moody’s has warned.
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9 Nov 20
San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
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6 Nov 20
Climate finance sent to developing countries grew in 2018 but progress towards international goals remains too slow, the OECD has said.
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5 Nov 20
A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.
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30 Oct 20
Governments must work together if they are to meet the challenges caused by digitalisation and ensure a strong economic recovery after Covid-19, a collection of OECD country ministers have said after...
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30 Oct 20
“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
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28 Oct 20
Measures protecting jobs in Europe saved the continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
15 Dec 20The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
11 Dec 20The Zambian government is seeking a financing arrangement with the International Monetary Fund to support its reform efforts after defaulting on a debt payment last month.
10 Dec 20The second wave of Covid-19 has led to the European Central Bank committing to buy €500bn more bonds to help the eurozone economy cope with the continuing fallout of the pandemic.
8 Dec 20Devastating typhoons that hit the Philippines as it fought Covid-19 show the importance of preparing for natural disaster risks and climate change adaptation during the recovery, the World Bank has...
8 Dec 20Argentina will introduce a tax on the wealthiest 0.8% of its population to pay for its pandemic spending.
4 Dec 20Reforms hoped to bring Lebanon back from a state of “bankruptcy” have been presented at a conference organised by the United Nations and French president Emmanuel Macron.
1 Dec 20The global economy is expected to grow by 4.2% next year, although performance will depend on how quickly Covid-19 vaccines are rolled out, according to the OECD.
30 Nov 20Central banks have promised the end of any further changes to the Basel III framework, introduced to manage risks following the global financial crisis of 2007-09.
25 Nov 20A political standoff with the Israeli government has combined with Covid-19 and a pre-existing economic slowdown to leave the Palestinian Authority struggling, the World Bank has said.
24 Nov 20Arab countries’ disproportionate reliance on the sectors hit hardest by Covid-19 means they must continue their economic investment to avoid deepening the crisis, the IMF has said.
23 Nov 20Two ratings agencies have downgraded South Africa’s credit rating further into junk status, in a “painful” move that will increase the country’s borrowing costs and likely lead to spending cuts or...
20 Nov 20Germany should not let its rising debt stop it from taking “vigorous policy action” to mitigate the economic effects of Covid-19, the IMF has said after a visit to the country.
19 Nov 20Eurozone governments should continue spending into 2021 to help the economy recover from Covid-19, the European Commission has said – while warning that recovery “depends” on the approval of the...
17 Nov 20Saudi Arabia’s sovereign wealth fund will inject 150bn riyals (£30bn) into the Kingdom’s economy in 2021 to help spur its recovery from low oil revenues and Covid-19, the country’s crown prince has...
17 Nov 20Germany’s inaction in fighting fraud in online sales has been blasted as “incomprehensible” by the country’s state audit office president – given the amount of money spent over the internet.
13 Nov 20A framework to help highly indebted developing countries through the Covid-19 crisis has been agreed by G20 finance ministers, but campaigners have said it fails to create a permanent solution to the...
12 Nov 20The potential benefits of speedy Covid-19 vaccine purchases outweigh the significant public investment required and the risk of failures, the Inter-American Development Bank has said.
11 Nov 20The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.![Donald Trump and Joe Biden are the two main candidates for president in the 2020 US election [image: Shutterstock]](https://www.publicfinancefocus.org/sites/default/files/styles/pf_square/public/trump-biden-shutterstock_1724296963.jpg?itok=4JmS23o7 "Donald Trump and Joe Biden are the two main candidates for president in the 2020 US election [image: Shutterstock]")
10 Nov 20US president-elect Joe Biden faces some of the worst economic conditions in 70 years, ratings agency Moody’s has warned.
9 Nov 20San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
6 Nov 20Climate finance sent to developing countries grew in 2018 but progress towards international goals remains too slow, the OECD has said.
5 Nov 20A rare drop in corporation tax receipts in Ireland shows they cannot be relied upon in the future, the Irish finance minister has said.
30 Oct 20Governments must work together if they are to meet the challenges caused by digitalisation and ensure a strong economic recovery after Covid-19, a collection of OECD country ministers have said after...
30 Oct 20“Essential” support for companies and workers in the UK must continue if the economy is to recover from Covid-19 and meet the challenges of leaving the EU customs union and single market, the IMF has...
28 Oct 20Measures protecting jobs in Europe saved the continent from an even worse recession during the pandemic, the IMF has said, while warning that support should not be withdrawn prematurely.
