-
17 Jan 23
The US Congress not raising the country’s debt ceiling could lead to “irreparable harm” to the US and the world economy if the government ended up defaulting, Treasury secretary Janet Yellen said.
-
16 Jan 23
The push for international corporation tax reform will be led by Manal Corwin, formerly of the US Treasury, who has been appointed as director of the OECD’s Centre for Tax Policy and Administration.
-
13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
-
13 Jan 23
The French government wants to raise the retirement age to reduce the pressure swelling pension costs are placing on the country’s public finances.
-
12 Jan 23
Overall sukuk issuance is expected to rise slowly this year as major issuers’ financing needs remain high but so do oil revenues, analysts have predicted.
-
11 Jan 23
Egypt will reduce the state’s role in the economy – including its military, which has grown its footprint rapidly in the decade since a 2013 coup – in a bid to boost growth, the president has agreed...
-
10 Jan 23
The BRICS group of countries should expand to include more members from the Global South, including many in Africa, South Africa’s ruling party has said as the government begins its year-long...
-
10 Jan 23
The new Italian government has signalled its intention to keep its fiscal policies aligned with the European Union amid concerns over the eurosceptic administration.
-
9 Jan 23
The Pakistani government has revealed it will need around $8bn to help rebuild the country following a summer of devastating floods.
-
9 Jan 23
Most of Sri Lanka’s external debt payments are made to private creditors, and a group of economists has called on them to “share the burden” of restructuring the country’s debt as it attempts to...
-
6 Jan 23
Croatia joining the eurozone and the Schengen area marks the culmination of more than a decade of effort – and shows the way for other countries desperate to integrate into the EU.
-
6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
-
4 Jan 23
The Norwegian government is set to release withheld funds aimed at reducing deforestation in Brazil, following the re-election of president Lula.
-
3 Jan 23
Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
-
22 Dec 22
An emotional appeal by the Ukrainian president in the US secured more than $2bn in new aid for his country amid continued Russian aggression.
-
20 Dec 22
The International Monetary Fund has agreed to release $447m to the Kenyan government to help support the nation’s budget and continued progress on reforms.
-
20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
-
19 Dec 22
The Ghanaian government has suspended payments on all bonds, commercial loans and bilateral debt, as the nation seeks to restructure its debts.
-
16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
-
15 Dec 22
The European Parliament has given the green light to an €18bn loan package to Ukraine, after a veto forced the proposals to be revised.
-
15 Dec 22
The Ghanian government has reached a provisional agreement on a $3bn loan package with the International Monetary Fund.
-
13 Dec 22
The European Union is set to suspend more than €6bn of funding for Hungary due to the ongoing dispute over compliance with the bloc’s rule of law regulations.
-
13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
-
9 Dec 22
Senior Filipino ministers have announced plans to set up a sovereign wealth fund aimed at supporting the economy and providing funding for large infrastructure projects.
-
9 Dec 22
Rapidly falling reserves were among concerns cited by rating agency Moody’s as it placed Bangladesh’s rating under review for a downgrade.