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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.
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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.
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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.
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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.
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16 Jul 21
Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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15 Jul 21
The Reserve Bank of New Zealand has said it will halt its bond-buying programme as the economic recovery from Covid-19, becoming one of the first advanced economy central banks to do so.
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14 Jul 21
Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
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13 Jul 21
The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
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9 Jul 21
The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
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9 Jul 21
The European Central Bank will now accept “temporary deviation” around its new inflation target of 2% as part of a fresh monetary policy strategy.
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8 Jul 21
Covid-19 has created a “profound debt crisis that will turbo-charge global inequality”, with governments in poorer countries unable to support their vulnerable citizens, a Public Finance Live 2021...
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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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5 Jul 21
Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
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2 Jul 21
International reforms of corporation tax could have “serious implications” for Ireland’s public finances, a report from the country’s central bank has warned.
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2 Jul 21
A “historic” agreement on corporation tax between 130 countries and territories will increase global public revenues by around $150bn according to the OECD, which led the negotiations.
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1 Jul 21
Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
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29 Jun 21
Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
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24 Jun 21
Rich nations could fully restore reserve levels in low-income countries by diverting less than half of their share of an International Monetary Fund funding stream, according to ratings agency S&...
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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21 Jun 21
Continued over-reliance on oil has left Gulf Cooperation Council countries very exposed to shocks amid faltering diversification efforts, analysts have warned.
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21 Jun 21
Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
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18 Jun 21
High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
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18 Jun 21
Norway’s central bank says that it is likely to raise its interest rate above the current 0% level in September.
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15 Jun 21
Muhammad Afnan Alam explores the G7 commitment to push for at least a 15% global minimum rate of corporation tax.
28 Jul 21Violent 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 21Highly 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 21The 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 21International 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.
16 Jul 21Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
15 Jul 21An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
15 Jul 21The Reserve Bank of New Zealand has said it will halt its bond-buying programme as the economic recovery from Covid-19, becoming one of the first advanced economy central banks to do so.
14 Jul 21Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
13 Jul 21The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
9 Jul 21The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
9 Jul 21The European Central Bank will now accept “temporary deviation” around its new inflation target of 2% as part of a fresh monetary policy strategy.
8 Jul 21Covid-19 has created a “profound debt crisis that will turbo-charge global inequality”, with governments in poorer countries unable to support their vulnerable citizens, a Public Finance Live 2021...
6 Jul 21France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
5 Jul 21Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
2 Jul 21International reforms of corporation tax could have “serious implications” for Ireland’s public finances, a report from the country’s central bank has warned.
2 Jul 21A “historic” agreement on corporation tax between 130 countries and territories will increase global public revenues by around $150bn according to the OECD, which led the negotiations.
1 Jul 21Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
29 Jun 21Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
24 Jun 21Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
21 Jun 21Continued over-reliance on oil has left Gulf Cooperation Council countries very exposed to shocks amid faltering diversification efforts, analysts have warned.
21 Jun 21Expensive loans taken out by Russian regional governments will be replaced by long-term low-interest loans from the central government as president Vladimir Putin aims to bring the sector’s finances...
18 Jun 21High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
18 Jun 21Norway’s central bank says that it is likely to raise its interest rate above the current 0% level in September.
