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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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9 Dec 21
A behind-the-scenes process to tweak how GDP is calculated could blunt the measure’s ability to harm the environment.
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8 Dec 21
State and central banks across the globe are becoming nervous that rising inflationary pressures could trigger rates action next year, according to ratings agency Fitch.
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7 Dec 21
Private capital is vital to meeting a global demand for sustainable infrastructure that cannot be tackled by the public sector alone.
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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3 Dec 21
Turkey’s finance minister has left his job in the midst of a sharply declining lira and steadfastly high inflation, and will be replaced by his deputy who one week ago defended the country’s...
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2 Dec 21
The new Honduran president has come to power with the promise to revamp the Central American country’s struggling economy by increasing the size and reach of the state.
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1 Dec 21
The European Union hopes to mobilise €300bn of infrastructure investment around the world, rivalling China’s massive Belt and Road initiative whose momentum has slowed.
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30 Nov 21
The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
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30 Nov 21
The world’s local and regional governments will need to return their focus to issues that long predate Covid-19 as they look to shore up their post-pandemic finances, write S&P Global Ratings’...
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29 Nov 21
World governments have been told to bolster their health systems and vaccination programmes in response to a new strain of Covid-19.
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26 Nov 21
Spanish lawmakers have passed the country’s highest-spending budget after the prime minister won the support he needed from minor parties.
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25 Nov 21
German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.
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24 Nov 21
The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
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24 Nov 21
The International Monetary Fund has released a delayed $700m disbursement to Ukraine amid concerns of increased Russian military activity.
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18 Nov 21
The credit outlook of local and regional governments outside the US still carry a negative outlook, despite many economies emerging from Covid-19, according to ratings agency S&P.
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8 Nov 21
The Japanese government plans to spend big on a series of measures aimed at helping the economy through its ongoing struggle with Covid-19, according to reports.
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8 Nov 21
Eliminating tax avoidance in sub-Saharan Africa’s mining sector would leave the region better able to support its population, particularly into the economic recovery from Covid-19, a top...
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8 Nov 21
Ireland collected more than 35% more tax than it expected to in October, but ministers have sought to dampen any expectations of a spending splurge.
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8 Nov 21
Increased carbon taxes are likely to have a bigger long-term economic impact on countries which are heavily reliant on carbon-intensive energy, according to ratings agency S&P.
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4 Nov 21
Portugal faces a snap election after the country’s parliament failed to approve the government’s 2022 budget proposals.
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4 Nov 21
The US Federal Reserve has decided to wind down its $120bn-a-month bond-buying programme in the hope of tempering rising inflation.
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3 Nov 21
The Bank of Israel has urged the country’s parliament to pass the state budget before a looming deadline after which the government would collapse and need new elections.
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2 Nov 21
The Reserve Bank of Australia has abandoned the yield target policy it introduced at the start of the Covid-19 pandemic, recognising that a rate rise could come sooner than previously expected.
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1 Nov 21
German political parties’ continuing support for the country’s debt brake rule has contributed to rating agency Fitch maintaining its AAA judgement of Europe’s largest economy.