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28 Feb 22
Thailand’s economy grew by 1.6% in 2021 after Covid-19 lockdown measures impacted on international trade and tourism.
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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25 Feb 22
The Bank of Russia has taken emergency measures in the face of tumbling Russian currency and asset values, which fell after president Vladimir Putin announced troops were invading Ukraine and Western...
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24 Feb 22
The Polish Government’s policy of reduced public spending and high tax collection built strong buffers to deal with the Covid-19 pandemic, according to leading economists.
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23 Feb 22
The European Union has strengthened sanctions against Myanmar, including freezing the assets of a state-owned gas company, following a military coup last year.
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23 Feb 22
The UK government could fund its ‘levelling up’ ambitions by raising taxes on high income earners without increasing the national deficit, according to the International Monetary Fund.
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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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22 Feb 22
The Sri Lankan government says it is open to discussions with the International Monetary Fund and other lenders for assistance, as it faces its worst economic crisis in years.
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22 Feb 22
Governments across the world spend $1.8trn on environmentally harmful subsidies each year, which could be redistributed to help combat climate change, according to an international pressure group.
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21 Feb 22
Western sanctions could put pressure on Russia’s credit rating according to rating agency Fitch, which warned of a “marked increase” in the risk of retaliation over perceived aggression at the border...
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21 Feb 22
G20 finance ministers and central bank governors have failed to reach an agreement on making changes to their debt restructuring framework that had been proposed by the International Monetary Fund...
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18 Feb 22
The French government is set to pump an additional €2.1bn into state owned energy company EDF to help ease income concerns.
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18 Feb 22
Politics both domestic and continental could threaten the generally steady economies of Central and Eastern Europe, according to rating agency analysts in a round-up report looking at the region.
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18 Feb 22
Singapore’s finance minister has increased taxes targeted at corporations and the rich, in order to fund higher spending in the wake of Covid-19 and in the face of the city-state’s ageing population.
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17 Feb 22
Tensions in Ukraine risk the fragile global economic recovery from the Covid-19 crisis, warned Indonesian president Joko Widodo at a meeting of G20 finance leaders.
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17 Feb 22
The Bank of Canada could implement a series of interest rate rises to mitigate soaring inflation, according to its deputy governor.
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17 Feb 22
A Polish and Hungarian legal challenge against the European Union has failed, allowing the bloc to withhold billions of euros of funding if member countries fail to meet democratic standards.
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17 Feb 22
Low-income and developing countries must be more transparent on the level and type of loans they owe, to help with debt restructuring, according to the World Bank Group.
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16 Feb 22
Japan’s GDP increased by 1.7% in 2021, as the nation continued to recover from a recession exacerbated by the Covid-19 pandemic.
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16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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15 Feb 22
Former Canadian Conservative leader has tabled a bill enabling the auditor general to scrutinise the Bank of Canada’s Covid-19 quantitative easing programme.
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15 Feb 22
South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
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14 Feb 22
Lebanon’s crisis is so deeply rooted the country needs “a comprehensive social, economic and financial reform programme” to return to stability, the International Monetary Fund has warned.
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14 Feb 22
Government spending earlier in the Covid-19 pandemic has helped Colombia weather the economic storm better than many of its peers, but more needs to be done to make the growth sustainable, according...