-
15 Mar 22
Palestinian authorities must adopt spending reforms to help solve a fiscal outlook which has been weakened further by Covid-19, according to the International Monetary Fund.
-
14 Mar 22
A multilateral development bank in the 1960s by communist countries has seen its credit rating slashed to junk status, after five European Union nations announced plans to withdraw their...
-
11 Mar 22
Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
-
11 Mar 22
Russia is at “imminent” risk of defaulting on its debt due to sanctions and emergency policy decisions imposed following its invasion of Ukraine, analysts have said.
-
11 Mar 22
The European Union has vowed to end its reliance on Russian fossil fuels in response to the ongoing invasion of Ukraine and is planning new measures to help governments support their economies amid...
-
10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
-
10 Mar 22
The International Monetary Fund Executive Board has approved a $1.4bn payment to Ukraine in an attempt to ease the economic impact of war with Russia, as other governments continue to arrange their...
-
9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
-
9 Mar 22
The Polish government has approved a fund worth at least £1.3bn to help Ukrainian refugees, and to provide additional support to local authorities.
-
8 Mar 22
A new World Bank fund will bolster Ukraine’s finances amid the ongoing invasion by Russia, which is continuing into nearly its third week.
-
8 Mar 22
Belarus is likely to default on its debt in the coming year as a result of sanctions imposed in response to its role in helping Russia’s invasion of Ukraine, S&P Global said after it downgraded...
-
7 Mar 22
The Central Bank of Sri Lanka has raised interest rates by one percentage point, to help mitigate double-digit inflation.
-
7 Mar 22
Support packages implemented to help offset soaring inflation could be a risk to public finances if maintained in the long-term, according to ratings agency Fitch.
-
4 Mar 22
Governments will need to spend billions of dollars to guard against future pandemics and create a bank of vaccines to be adapted when new dangerous viruses emerge, according to the chief executive of...
-
4 Mar 22
Argentine authorities have agreed the details of a $45bn deal with the International Monetary Fund to restructure debt from its failed bailout.
-
4 Mar 22
Russia’s ongoing invasion of Ukraine continues to have stark economic and financial consequences that are being felt around the world.
-
4 Mar 22
Government officials in South Africa were paid millions of pounds in brides to award more than £100m of contracts to an outsourcing company, according to a corruption inquiry.
-
3 Mar 22
The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
-
3 Mar 22
Better than expected tax revenues led to the Eurozone deficit undershooting forecasts in 2021, according to ratings agency Fitch.
-
2 Mar 22
The World Bank executive board has announced it will use more than $1bn from a frozen Afghan trust fund to provide basic services and aid to the people while keeping the money out of the Taliban’s...
-
2 Mar 22
A Court of Justice Decision to allow the European Union to withhold money from countries that fail to meet democratic standards has been named as a threat to Hungary and Poland.
-
1 Mar 22
Chad is receiving support from the United Nations to help train officers and install new debt management software, in a bid to improve public finances.
-
1 Mar 22
Russia’s continuing invasion of Ukraine has led to yet more sanctions and financial assistance for the embattled Kiev authorities, with huge economic impacts predicted.
-
28 Feb 22
The Bank of Japan wants to “deepen its analysis” of the country’s below-target inflation, which is persisting despite prices rising rapidly elsewhere in the world.
-
28 Feb 22
Brazil’s federal government reported its largest ever primary budget surplus in January after a surge in tax revenue, figures from the country’s Treasury show.