-
19 Oct 22
The Indian government’s large external reserves will help cushion the impacts of international financial shocks, economists at Fitch have said.
-
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.
-
17 Oct 22
The Tunisian government has received provisional approval for a $1.9bn loan from the International Monetary Fund aimed at financing reforms to improve social protection and government revenues.
-
14 Oct 22
The Swiss government has issued its first green bond, with proceeds earmarked for investment in climate-friendly projects.
-
14 Oct 22
High oil prices mean Chad does not require relief on its debts, according to a statement from a group of countries that had previously agreed to arrange it.
-
14 Oct 22
A watchdog has found the amount of money spent not in accordance with European Union rules rose again last year, leading to it issuing an adverse opinion in its annual report.
-
13 Oct 22
China needs to rebalance its economy in order to meet its emissions goals and dampen the threat of climate change, according to the World Bank.
-
12 Oct 22
Inflation, the energy crisis and stresses in the three biggest economies will hit global output, according to new forecasts.
-
11 Oct 22
The plight of Ukrainian refugees has been raised by UK campaigners and local government leaders.
-
11 Oct 22
Japan’s “robust” governance and improving public finances were enough to maintain investor confidence despite low growth prospects and ever-high debt levels, as rating agency Fitch affirmed its...
-
11 Oct 22
The acceleration of reforms aimed at collecting additional revenue and debt restructuring will help Sri Lanka to support its poorest and aid its financial recovery, economists at the World Bank have...
-
10 Oct 22
Governments across the European Union have spent more than €100bn on Russian fossil fuels since the nation invaded Ukraine in February, a climate group has said.
-
7 Oct 22
Serious floods in Pakistan have led to increased public spending and higher debt, and a key factor in a downgrade to the nation’s credit rating, Moody’s has said.
-
6 Oct 22
Countries across the world should speed up their fight against climate change in the next few years because the immediate cost will be “dwarfed” by the “overwhelming” benefits, economists at the...
-
6 Oct 22
The US Securities and Exchange Commission has raised concern over the ability of women and under-represented entrepreneurs to start small businesses.
-
5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
-
3 Oct 22
Developing country central banks making losses amid rising interest rates and falling asset values risk harming their governments’ public finances, ratings agency Fitch has warned.
-
30 Sep 22
The international standard-setter on public sector sustainability is moving forward with plans for new guidance.
-
30 Sep 22
The German government has announced a €200bn fund to protect consumers and businesses from high gas prices.
-
28 Sep 22
European Union countries should ensure their citizens are guaranteed a sufficient ‘minimum income’ to live in “dignity at all stages of life”, according to the bloc’s executive arm – but officials...
-
27 Sep 22
Governments should contemplate raising taxes on higher earners and businesses that have profited from the current energy crisis to support those in need, a senior economist has said.
-
27 Sep 22
A recent package of tax cuts announced by the UK government “doesn’t help” global economic uncertainty, a US Federal Reserve official has warned amid an overwhelmingly negative investor reaction.
-
27 Sep 22
Central banks raising interest rates to slow inflation will pile more financial pressure on poorer economies and could restrict spending on healthcare, economists at the World Bank have warned.
-
27 Sep 22
The Swiss government has lost a referendum over abolishing taxes paid by companies on domestic bonds and share sales, aimed at promoting investment in the nation.
-
26 Sep 22
The US labour watchdog has identified more than $45bn of potentially fraudulent unemployment benefit claims during Covid-19 – almost triple initial forecasts.