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5 Jul 22
The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
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5 Jul 22
Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
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4 Jul 22
European Union auditors have identified risks that the bloc’s executive arm’s increasing use of external consultants does not provide value for money.
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4 Jul 22
The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
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1 Jul 22
Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
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1 Jul 22
Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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1 Jul 22
Ukraine is set to receive a further £1bn of military support from the UK to help counter Russian “brutality” in the nation.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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27 Jun 22
The world’s richest governments have been told they failed poorer countries “on every level” on Covid-19 vaccines, with their hoarded stockpiles, unfulfilled promises of donations and efforts to stop...
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27 Jun 22
Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
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24 Jun 22
The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
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24 Jun 22
Moldova and war-torn Ukraine have made a step towards becoming members of the European Union, as bloc leaders agree to give them ‘candidate’ status.
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23 Jun 22
African countries continued to strengthen their efforts aimed at tackling tax evasion and other illicit financial flows last year, a report has found, but the continent continues to lose billions of...
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21 Jun 22
Annual investment of $25bn for the next decade would allow Africa to meet its energy goals and reverse current backsliding on energy access, the International Energy Agency has said, calling for...
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21 Jun 22
Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
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16 Jun 22
The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
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15 Jun 22
The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
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15 Jun 22
The Chinese government has unveiled plans to develop a new framework to help balance the distribution of financial resources to local authorities.
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14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
The Kenyan government has shelved a proposed bond sale because surging yields will see the nation seek cheaper debt on private markets, according to reports.