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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.
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11 Aug 22
The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
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11 Aug 22
The United Nations has nearly doubled its request for donations to help its aid workers continue to assist those displaced by the Russian invasion.
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11 Aug 22
An award from the Confederation of Asian and Pacific Accountants has recognised that a CIPFA associate’s contribution to the organisation “exceeded normal expectations” and helped the organisation...
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10 Aug 22
French energy giant EDF is set to sue its own government for £7bn, after legislation imposed to cushion the impact of the cost-of-living crisis forced the company to sell energy at a loss.
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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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8 Aug 22
The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
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5 Aug 22
The Italian government is set to spend a further €17bn this year to help soften the blow of inflation on families and businesses.
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5 Aug 22
European governments should end sweeping support measures keeping fuel prices down and allow prices to rise to encourage people to use less fossil fuels, IMF economists have said.
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4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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1 Aug 22
The French government’s medium-term financial strategy has underestimated inflation, overestimated GDP growth and contains “not very ambitious” deficit reduction plans, a spending watchdog has said...