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5 Sep 22
The Sri Lankan government has reached a preliminary agreement on a $2.9bn bailout with the International Monetary Fund, amid a financial crisis
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5 Sep 22
The German government is set to allocate a further €65bn to help soften the blow of the cost-of-living crisis on businesses and households.
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2 Sep 22
The Irish government is set to record a larger budget surplus than initially forecast this year, due to a leap in tax income, the nation’s spending watchdog has said.
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2 Sep 22
European Union institutions have won the praise of the bloc’s watchdog for their response to Covid-19.
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1 Sep 22
The Zambian government has secured a $1.3bn loan from the International Monetary Fund to accelerate reforms and restore debt sustainability.
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31 Aug 22
The Sri Lankan government has outlined plans to increase taxes as discussions over an International Monetary Fund bailout reach the “final stage”.
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30 Aug 22
German chancellor Olaf Scholz said eurozone countries need to agree how to reduce their high debt levels to help foster “trust and solidarity” within the single market.
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30 Aug 22
An agreement to resume a multi-billion-dollar deal with the International Monetary Fund is key to getting Pakistan’s economy back on track, the country’s prime minister has said.
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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26 Aug 22
China’s leadership has urged its local governments to ramp up spending on projects to help boost the economy.
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25 Aug 22
Finland’s municipalities will begin work on “child-oriented budgeting”, which officials hope will promote policies that improve childrens’ lives in the country whose population is ageing faster than...
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25 Aug 22
The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
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25 Aug 22
US president Joe Biden will cancel up to $10,000 of many graduates’ federal student loans to help lighten an “unsustainable” burden on millions of working people.
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24 Aug 22
Prudent work on post-Covid recovery by Indonesia’s government has been praised by ratings analysts.
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23 Aug 22
The Filipino government has proposed a record budget for 2023 that it said will help boost the economy and lift people out of poverty.
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23 Aug 22
Ukraine has continued to urge European governments to send arms as its invasion by Russia looks set to enter its seventh month.
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23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
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22 Aug 22
The International Monetary Fund has said it will need “adequate assurances” from Sri Lanka’s creditors, before it agrees a new deal with the nation, amid an economic crisis.
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19 Aug 22
The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
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19 Aug 22
An Apprentice-style competition for ideas to encourage young people to drink more alcohol has been launched by the National Tax Agency.
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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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17 Aug 22
Joe Biden has hailed his flagship Inflation Reduction Act as a historic victory for the environment, US families and the country’s public finances.
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16 Aug 22
The Biden administration plans not to unfreeze billions of dollars of Afghanistan’s reserves held in US financial institutions, but insists it will find a way to use the money “for the benefit of the...
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15 Aug 22
High oil revenues will give Oman two years of budget surpluses, pushing its debt below many of its peers, and continuing reform efforts look set to keep its public finances on solid ground, ratings...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.