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10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
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10 Jun 22
India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
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8 Jun 22
The Reserve Bank of Australia has announced its highest interest rate rise in more than two decades in an attempt to rein in rampant inflation.
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7 Jun 22
German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
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7 Jun 22
The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
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1 Jun 22
Japan looks set to abandon a previous timeframe for balancing its budget, after a draft economic policy document suggested it could “distort” policy decisions in the government’s response to crises...
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1 Jun 22
Deliberate policy inaction and “elite capture” have held up the reforms that could help Lebanon lift itself out of its financial crisis, according to the World Bank.
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31 May 22
Political disagreement over how to manage the economy could mean Tunisia is forced to seek a debt restructuring before it is able to secure a much-needed programme with the International Monetary...
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31 May 22
One-third of European Union spending reported as being related to the climate was in fact irrelevant, a report has found, meaning the bloc missed its goal in the most recent budget period.
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31 May 22
The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
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30 May 22
The Polish government wants to dissolve a judiciary body at the heart of a dispute with the European Union, in the hope that doing so will help it secure funding.
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27 May 22
The Hungarian government is set to introduce a windfall tax on banks, energy firms and telecommunications companies to help fund its response to Russia’s invasion of Ukraine.
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27 May 22
A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
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26 May 22
Global income from levies on carbon dioxide production hit record highs in 2021, but the international community has been urged to do more to meet net zero targets.
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26 May 22
Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
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26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
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24 May 22
The European Central Bank is set to bring lending rates out of negative territory by September in a bid to cool soaring inflation.
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24 May 22
Experts are divided on whether bond yield behaviour indicates that a recession is on its way
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24 May 22
A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
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23 May 22
The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
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23 May 22
The European Commission’s proposals to reduce its reliance on Russian gas could push the continent into recession if supply fails to keep up with demand, according to one ratings agency.
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20 May 22
Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
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20 May 22
European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
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19 May 22
The Nigerian anti-corruption agency has arrested the country’s accountant general during an investigation into fraud and money laundering.
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19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
10 Jun 22Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
10 Jun 22India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
8 Jun 22The Reserve Bank of Australia has announced its highest interest rate rise in more than two decades in an attempt to rein in rampant inflation.
7 Jun 22German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
7 Jun 22The new Pakistani government has been warned it will likely hit roadblocks when enacting reforms linked to concessional finance because rising prices will complicate its revenue-raising efforts.
1 Jun 22Japan looks set to abandon a previous timeframe for balancing its budget, after a draft economic policy document suggested it could “distort” policy decisions in the government’s response to crises...
1 Jun 22Deliberate policy inaction and “elite capture” have held up the reforms that could help Lebanon lift itself out of its financial crisis, according to the World Bank.
31 May 22Political disagreement over how to manage the economy could mean Tunisia is forced to seek a debt restructuring before it is able to secure a much-needed programme with the International Monetary...
31 May 22One-third of European Union spending reported as being related to the climate was in fact irrelevant, a report has found, meaning the bloc missed its goal in the most recent budget period.
31 May 22The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
30 May 22The Polish government wants to dissolve a judiciary body at the heart of a dispute with the European Union, in the hope that doing so will help it secure funding.
27 May 22The Hungarian government is set to introduce a windfall tax on banks, energy firms and telecommunications companies to help fund its response to Russia’s invasion of Ukraine.
27 May 22A bailout deal between the International Monetary Fund and the crisis-hit Sri Lankan government appears to be close following two weeks of technical discussions between officials.
26 May 22Global income from levies on carbon dioxide production hit record highs in 2021, but the international community has been urged to do more to meet net zero targets.
26 May 22Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
26 May 22The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
24 May 22The European Central Bank is set to bring lending rates out of negative territory by September in a bid to cool soaring inflation.
24 May 22Experts are divided on whether bond yield behaviour indicates that a recession is on its way
24 May 22A South African government body has said it does not have the money to meet union demands for a pay rise, and encouraged its staff to be grateful for being employed at all.
23 May 22The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
23 May 22The European Commission’s proposals to reduce its reliance on Russian gas could push the continent into recession if supply fails to keep up with demand, according to one ratings agency.
20 May 22Sri Lanka’s central bank has confirmed the government has defaulted on foreign debt repayments for the first time in the country’s 74-years of independence.
20 May 22European Union countries must reverse years of underinvestment in defence and increase collaborative spending in response to the new security situation after Russia invaded Ukraine, the bloc’s...
19 May 22The Nigerian anti-corruption agency has arrested the country’s accountant general during an investigation into fraud and money laundering.
19 May 22The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
