-
27 Aug 21
The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
-
25 Aug 21
New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
-
24 Aug 21
The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
-
24 Aug 21
Monetary policymakers are taking the idea of digital cash seriously, with potentially big implications for public money managers.
-
23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
-
23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
-
19 Aug 21
Inflation related to Covid-19 recovery will pass quickly – but demographic changes mean there is a need to prepare for a longer-term rise, says Manoj Pradhan.
-
18 Aug 21
Increased debt in many economies resulting from the Covid-19 pandemic may lead to increased financial risks in the future, according to ratings agency Fitch.
-
16 Aug 21
Ireland’s economy has better weathered shocks than expected, according to rating agency Moody’s, as it raised its outlook for the country's rating from stable to positive.
-
13 Aug 21
Ballooning budget deficits in developing Asian countries have been tipped to slow their progress towards the United Nations’ 2030 development goals.
-
12 Aug 21
Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
-
12 Aug 21
The pace of larger economies' economic recovery from Covid-19 has slowed in recent months, according to analysis for the OECD.
-
12 Aug 21
The Polish deputy prime minister has been sacked amid a disagreement over tax policy and a proposed media law, leaving the government’s future in doubt.
-
10 Aug 21
With increasing projections of a post-Covid-19 rise in inflation, what would ballooning prices mean for public sector finances?
-
10 Aug 21
Finance ministers have been urged to take note of a stark new report showing the world is running out of time to limit global warming, and shift their focus towards cutting emissions to zero.
-
9 Aug 21
New waves of Covid-19 have highlighted the urgency of getting more vaccine doses to people in the Asia Pacific region, the Asian Development Bank has said.
-
6 Aug 21
Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
-
5 Aug 21
Declining birth rates and increases in life expectancy could see economic growth increase for sub-Saharan African nations in the long-term, according to ratings agency S&P.
-
5 Aug 21
Falling oil revenues amid Covid-19 reemphasises the need for Gulf Cooperation Council countries to diversify their economies to spread risk, according to a report by World Bank economists.
-
4 Aug 21
The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
-
30 Jul 21
Sanctions and Covid-19 have led North Korea’s economy to its biggest contraction in more than two decades, according to South Korea’s central bank.
-
28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
-
28 Jul 21
Highly infectious new strains of Covid-19 could scupper the economic recovery and take as much as $4.5trn off of global GDP by 2025, the International Monetary Fund’s chief economist has warned.
-
23 Jul 21
The European Central Bank will not risk harming the economic recovery from Covid-19 by withdrawing its emergency monetary support early, its president has said.
-
16 Jul 21
International Monetary Fund officials are negotiating a deal aimed at sorting out Argentina’s $45bn debt it currently has with the fund, a spokesman has said.