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26 Apr 23
A preliminary agreement with lenders to access finance has put Sri Lanka on a path to restructuring its high level of debt, the country’s president has said.
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25 Apr 23
Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
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25 Apr 23
Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
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25 Apr 23
Financial and technical support from the International Monetary Fund helped South Sudan develop credible macroeconomic policies and in turn foster peace, a senior official has said.
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24 Apr 23
The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
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21 Apr 23
US president Joe Biden has allocated $1.5bn to help speed up access to climate finance and prevent deforestation, and has urged international partners to step up their ambitions to meet climate goals...
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21 Apr 23
The Australian government has announced major reform of the country’s central bank after criticism over its handling of inflation led to them carrying out a review.
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21 Apr 23
Reforms aimed at creating a more inclusive, networked and accountable governance system will leave nations better positioned to address current and future challenges, a United Nations body has said.
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19 Apr 23
A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
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18 Apr 23
Credit ratings based on a simplistic understanding of African countries’ economies cost those countries’ governments $74.5bn in borrowing costs, researchers at the United Nations have suggested.
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18 Apr 23
Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
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17 Apr 23
A group of major economies has promised to expedite the transition to cleaner energy in a bid to meet targets to reach net zero carbon emissions by 2050.
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14 Apr 23
The Chinese government has committed to resolving disputes to enable nations in debt distress to restructure their loans, a senior official has said.
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14 Apr 23
South Africa wants to mobilise 2trn rand (£88bn) of investment in the next five years, hoping to spur development in the country whose economy has been beleaguered by corruption, crime and government...
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14 Apr 23
Economic disruption caused by Russia’s invasion saw the Ukrainian economy contract by almost 30% last year, the nation’s statistics agency has revealed.
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14 Apr 23
Support for refugees and others affected by the war in the Ukraine saw total foreign aid reach $200bn in a single year for the first time, researchers at the OECD have said.
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11 Apr 23
Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
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11 Apr 23
Debt payments are set to take up more government revenue in developing countries than at any point since 1998, researchers have found.
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6 Apr 23
Large foreign reserves and low government debt levels drove Saudi Arabia’s credit rating upgrade, ratings agency Fitch has said.
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6 Apr 23
Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
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5 Apr 23
Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
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4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
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4 Apr 23
Social unrest caused by controversial judicial reforms could knock off more than half of the Israeli economy’s growth in the coming years, the nation’s central bank has warned.
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3 Apr 23
Lower-income countries will be unable to meet their financing needs without urgent support from wealthier countries, IMF managing director Kristalina Georgieva has warned.
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31 Mar 23
Emerging economies are facing a challenging environment with inflation, high interest rates and low growth, and rating agency S&P Global has warned this will hurt their creditworthiness in the...
26 Apr 23A preliminary agreement with lenders to access finance has put Sri Lanka on a path to restructuring its high level of debt, the country’s president has said.
25 Apr 23Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
25 Apr 23Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.
25 Apr 23Financial and technical support from the International Monetary Fund helped South Sudan develop credible macroeconomic policies and in turn foster peace, a senior official has said.
24 Apr 23The United Nations has set out a roadmap for ensuring developing countries have access to the finance they need to deal with the impacts of climate change and make progress on their development.
21 Apr 23US president Joe Biden has allocated $1.5bn to help speed up access to climate finance and prevent deforestation, and has urged international partners to step up their ambitions to meet climate goals...
21 Apr 23The Australian government has announced major reform of the country’s central bank after criticism over its handling of inflation led to them carrying out a review.
21 Apr 23Reforms aimed at creating a more inclusive, networked and accountable governance system will leave nations better positioned to address current and future challenges, a United Nations body has said.
19 Apr 23A corporation tax windfall combined with a “remarkably resilient” economy will push the Irish budget into surplus this year, senior ministers have revealed.
18 Apr 23Credit ratings based on a simplistic understanding of African countries’ economies cost those countries’ governments $74.5bn in borrowing costs, researchers at the United Nations have suggested.
18 Apr 23Windfall tax gains from inflation and savings from lower energy prices might allow European countries to cut their deficits and should not necessarily fund new spending, despite many people...
17 Apr 23A group of major economies has promised to expedite the transition to cleaner energy in a bid to meet targets to reach net zero carbon emissions by 2050.
14 Apr 23The Chinese government has committed to resolving disputes to enable nations in debt distress to restructure their loans, a senior official has said.
14 Apr 23South Africa wants to mobilise 2trn rand (£88bn) of investment in the next five years, hoping to spur development in the country whose economy has been beleaguered by corruption, crime and government...
14 Apr 23Economic disruption caused by Russia’s invasion saw the Ukrainian economy contract by almost 30% last year, the nation’s statistics agency has revealed.
14 Apr 23Support for refugees and others affected by the war in the Ukraine saw total foreign aid reach $200bn in a single year for the first time, researchers at the OECD have said.
11 Apr 23Recent interest rate hikes by central banks across the globe will likely be reversed once inflation subsides, economists at the International Monetary Fund have predicted.
6 Apr 23Large foreign reserves and low government debt levels drove Saudi Arabia’s credit rating upgrade, ratings agency Fitch has said.
6 Apr 23Mayoral proposals to cut budgets next year risks destabilising public services and undermining the city’s recovery, council leaders have warned.
5 Apr 23Political instability could put reforms key to Pakistan’s recovery from Covid-19 and recent floods at risk, economists at the World Bank have warned.
4 Apr 23The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
4 Apr 23Social unrest caused by controversial judicial reforms could knock off more than half of the Israeli economy’s growth in the coming years, the nation’s central bank has warned.
3 Apr 23Lower-income countries will be unable to meet their financing needs without urgent support from wealthier countries, IMF managing director Kristalina Georgieva has warned.
31 Mar 23Emerging economies are facing a challenging environment with inflation, high interest rates and low growth, and rating agency S&P Global has warned this will hurt their creditworthiness in the...
