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30 Mar 22
International Monetary Fund staff have agreed a $470m deal with Mozambique – the first programme since the US-based lender suspended the African country six years ago following a corruption scandal.
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30 Mar 22
The yen has fallen to six-year lows following the Bank of Japan’s decision to stand by its yield cap on government bonds, and increase its stock of gilts.
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29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
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28 Mar 22
Colombia has agreed to borrow $830m to help fund education services and improve social mobility, including employment opportunities across the country, as the nation emerges from Covid-19.
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28 Mar 22
Rating agency S&P Global has cut its growth forecasts and raised its inflation predictions for the Asia Pacific region as its confidence in the post-coronavirus recovery falters.
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28 Mar 22
Argentina’s $44bn debt deal has been finalised by the International Monetary Fund, but the board said the programme faces “exceptionally high” risks and might need changing.
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25 Mar 22
The German government has allocated close to €17bn to help mitigate pressures from soaring energy prices, including cuts to fuel duty.
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25 Mar 22
Egypt has formally requested a programme deal with the International Monetary Fund to help brace the economy and public finances against the effects of Russia’s invasion of Ukraine.
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25 Mar 22
G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
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25 Mar 22
Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
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24 Mar 22
The president of El Salvador has insisted his government will issue a planned bitcoin-backed bond, initially set for last week, after a “short delay”.
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23 Mar 22
Kenya’s shrinking tax base and high debt burden have kept Kenya’s credit rating at risk of a downgrade, according to ratings agency Fitch.
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23 Mar 22
The Nigerian government should repurpose money spent on fuel subsidies to fund reforms aimed at reducing poverty, according to the World Bank Group.
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23 Mar 22
The Iranian finance minister has promised to cut spending and reform government institutions in order to foster better financial discipline, in a country whose economy has been beaten by sanctions.
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22 Mar 22
The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
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22 Mar 22
The European Union is considering setting up a fund to “provide basic services and meet citizens’ immediate needs” in the face of the ongoing invasion by Russian troops, a top official has said.
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21 Mar 22
The African Development Bank secured a “simply incredible” near-$33bn of investments for projects on the continent during a three-day investment forum.
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21 Mar 22
Argentina’s Congress has backed a $45bn debt programme between the government and the International Monetary Fund, days before a repayment from an earlier failed deal was due.
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21 Mar 22
Supply chain issues stemming from the Ukrainian invasion is set to hinder Europe and hit global economic growth this year, according to ratings agency Fitch.
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18 Mar 22
The economic damage caused by Russia’s invasion of Ukraine could take more than one percentage point off global GDP growth this year, according to the OECD.
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17 Mar 22
The US Federal Reserve has raised interest rates for the first time in almost four years, as the nation attempts to mitigate the risks of soaring inflation.
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17 Mar 22
The European Council has agreed an approach for partner countries to apply carbon tariffs on good entering the bloc to help fight climate change.
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16 Mar 22
Hidden risks threaten public sector balance sheets because of policies introduced in response to the pandemic and its economic impact, a World Bank report has warned.
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16 Mar 22
The Ukrainian government has unveiled a set of radical reforms, including a simplification of the tax system, to put its economy on a war footing.
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15 Mar 22
Ukraine’s GDP could contract by as much as 35% this year, following last month’s Russian invasion, according to the International Monetary Fund.