-
13 Apr 22
Global economic growth will slow to less than 3% in 2022, due to supply chain constraints stemming from Russia’s invasion of Ukraine, according to the World Trade Organisation.
-
13 Apr 22
Governments have been urged to take action against the concentration of wealth and income in a small section of the global population, creating inequality and fuelling inflation.
-
12 Apr 22
The Pakistani government’s decision to oust prime minister Imran Khan could complicate reforms restricting access to external finance, according to ratings agency Fitch.
-
12 Apr 22
International aid rose to a record $179bn in 2021 as developed countries increased their efforts to help their developing counterparts deal with the Covid-19 pandemic, OECD figures have shown.
-
12 Apr 22
The Sri Lankan government has suspended repayments on external loans, as it works with the International Monetary Fund to develop a debt restructuring plan.
-
12 Apr 22
Ukraine’s finance minister has asked donors for immediate help to finance his government’s growing deficit caused by the Russian invasion.
-
11 Apr 22
A strong rebound in tax revenues and consumer spending has seen the Israeli government record one of the strongest budgetary performances internationally, according to ratings agency Moody’s.
-
11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
-
11 Apr 22
Russia’s foreign-currency rating has been cut to ‘selective default’ after the government made payments on its dollar-denominated debt in rubles in an attempt to skirt international sanctions...
-
11 Apr 22
Poland has blocked the European Union’s effort to adopt a minimum corporate tax rate agreed by 137 countries last year over concerns the move would risk making the tax system less fair.
-
8 Apr 22
Lebanon and the International Monetary Fund have agreed on a $3bn reform programme seen by many as vital to help turn the crisis-stricken Middle-Eastern economy around.
-
7 Apr 22
The Polish central bank caught the market off-guard by raising interest rates by one percentage point to help stem rampant inflation.
-
7 Apr 22
The International Monetary Fund has cut its projections for Japan’s GDP growth amid Russia’s ongoing invasion of Ukraine, which it said has increased commodity prices and global economic uncertainty.
-
6 Apr 22
The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
-
6 Apr 22
The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
-
6 Apr 22
Russia’s finance ministry has said it had to make dollar bond payments in rubles after the US blocked payments using dollars held in US banks in an attempt to put pressure on the government amid the...
-
6 Apr 22
Governments remain set to borrow nearly a third more this year than they did before the Covid-19 as the pandemic, inflation and geopolitical concerns keep the economy on shaky footing, analysts have...
-
4 Apr 22
Bangladesh is set to receive a $250m loan to help modernise social protection programmes and fund its green recovery from Covid-19.
-
4 Apr 22
Sri Lanka’s finance minister and central bank governor have resigned amid countrywide demonstrations angry at a deepening economic crisis.
-
4 Apr 22
The UK government reduced its aid spending so quickly that officials do not know the effect the cuts will have on long-term value for money of aid projects, according to spending watchdog the...
-
4 Apr 22
Developing nations in Europe, the Middle East and Africa would be at greatest risk should inflation surges trigger stagflation in the global economy, according to ratings agency Fitch.
-
1 Apr 22
Soaring inflation stemming from Russia’s invasion of Ukraine, could force Asia Pacific to issue more debt to fund increased spending, putting pressures on finances, according to ratings agency S&...
-
1 Apr 22
Economic sanctions on Russia following its invasion of Ukraine could wipe 10% off the nation's GDP this year, according to a multilateral development bank.
-
1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
-
30 Mar 22
The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
13 Apr 22Global economic growth will slow to less than 3% in 2022, due to supply chain constraints stemming from Russia’s invasion of Ukraine, according to the World Trade Organisation.
13 Apr 22Governments have been urged to take action against the concentration of wealth and income in a small section of the global population, creating inequality and fuelling inflation.
12 Apr 22The Pakistani government’s decision to oust prime minister Imran Khan could complicate reforms restricting access to external finance, according to ratings agency Fitch.
12 Apr 22International aid rose to a record $179bn in 2021 as developed countries increased their efforts to help their developing counterparts deal with the Covid-19 pandemic, OECD figures have shown.
12 Apr 22The Sri Lankan government has suspended repayments on external loans, as it works with the International Monetary Fund to develop a debt restructuring plan.
11 Apr 22A strong rebound in tax revenues and consumer spending has seen the Israeli government record one of the strongest budgetary performances internationally, according to ratings agency Moody’s.
11 Apr 22Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
11 Apr 22Russia’s foreign-currency rating has been cut to ‘selective default’ after the government made payments on its dollar-denominated debt in rubles in an attempt to skirt international sanctions...
11 Apr 22Poland has blocked the European Union’s effort to adopt a minimum corporate tax rate agreed by 137 countries last year over concerns the move would risk making the tax system less fair.
8 Apr 22Lebanon and the International Monetary Fund have agreed on a $3bn reform programme seen by many as vital to help turn the crisis-stricken Middle-Eastern economy around.
7 Apr 22The Polish central bank caught the market off-guard by raising interest rates by one percentage point to help stem rampant inflation.
7 Apr 22The International Monetary Fund has cut its projections for Japan’s GDP growth amid Russia’s ongoing invasion of Ukraine, which it said has increased commodity prices and global economic uncertainty.
6 Apr 22The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
6 Apr 22The European Commission has begun the formal process of keeping money from Hungary over “corruption” issues, announcing the move two days after the reelection of prime minister Viktor Orban.
6 Apr 22Russia’s finance ministry has said it had to make dollar bond payments in rubles after the US blocked payments using dollars held in US banks in an attempt to put pressure on the government amid the...
6 Apr 22Governments remain set to borrow nearly a third more this year than they did before the Covid-19 as the pandemic, inflation and geopolitical concerns keep the economy on shaky footing, analysts have...
4 Apr 22Bangladesh is set to receive a $250m loan to help modernise social protection programmes and fund its green recovery from Covid-19.
1 Apr 22Economic sanctions on Russia following its invasion of Ukraine could wipe 10% off the nation's GDP this year, according to a multilateral development bank.
1 Apr 22Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
30 Mar 22The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
