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10 Nov 22
New European Union fiscal rules should get rid of the current system’s complexity and allow governments more “ownership” of their spending plans, Brussels has said, also promising stronger...
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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9 Nov 22
Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
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8 Nov 22
Central bank reserves in Egypt fell by a fifth in just nine months, leading to ratings agency Fitch warning it could downgrade its judgement of the country.
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8 Nov 22
Developing countries will need $340bn a year by 2030 in order to prepare for the damaging effects of climate change, according to the United Nations, but they currently receive a tiny fraction of...
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7 Nov 22
An investigation into the fraudulent use of universal healthcare funding has been launched by the Australian government following “nine years of cuts and neglect”.
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4 Nov 22
Spain’s proposed windfall tax on commercial banks could end up doing more harm than good to the nation’s economy, the European Central Bank has warned.
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4 Nov 22
Surging oil and natural gas revenues will help push Qatar’s budget into surplus this year and over the medium term, meaning a credit rating upgrade is increasingly likely, ratings agency Moody’s has...
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2 Nov 22
Lenders should work with governments in sub-Saharan Africa to improve financial management and governance and help “catalyse” climate finance to the region, the International Monetary Fund has said.
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1 Nov 22
Oil companies making vast profits because of high prices pushed up by the war in Ukraine could have to pay more tax if they do not lower their prices, US president Joe Biden has said.
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31 Oct 22
Japan will spend trillions of yen to help households through the energy crisis and to support young families in a bid to boost the country’s sluggish growth.
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31 Oct 22
Government exposure to cyber attacks is growing because so many of their operations have become digital, and with such attacks becoming a significant feature of geopolitics the risk to public...
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28 Oct 22
The Egyptian government has reached an agreement on an $3bn loan from the International Monetary Fund aimed at supporting the budget and pushing forward “deep structural and governance reforms”.
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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27 Oct 22
The energy crisis shows that countries across the world must redouble their efforts to finance the transition to low-carbon alternatives, along with the ever-present threat of climate change, the...
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26 Oct 22
The Ukrainian government has appealed for more support from donor countries and multilateral lenders to help fund its war response, meet budgetary needs and begin the reconstruction effort.
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26 Oct 22
The new Australian government’s first budget has been set out to “unwind wasteful or unnecessary spending” to help reduce the country’s national debt, which stands at $1trn (£560bn).
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25 Oct 22
European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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25 Oct 22
Preventing pandemics would cost three times less than managing them after they have broken out, the World Bank has said as it published proposals for a new approach to infectious diseases.
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24 Oct 22
The energy crisis has hit progress by Nigeria on turning its finances around, according to a ratings agency.
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24 Oct 22
A fresh attempt has been made to end graft in South Africa’s institutions.
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21 Oct 22
New York’s housing officials have been urged to offer tax breaks to ‘early adopters’ to meet Net Zero targets.
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20 Oct 22
France’s PM has signalled controversial plans to push through a budget after heated rows over tax rises.
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19 Oct 22
The Indian government’s large external reserves will help cushion the impacts of international financial shocks, economists at Fitch have said.
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18 Oct 22
The World Bank has placed all development loans made to Belarus through its subsidiary lender to a non-performing status because of overdue payments.