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4 May 22
A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
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4 May 22
New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
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3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
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3 May 22
Italy will increase its new windfall tax on energy company profits amid historic price rises, the prime minister has said, while unveiling €14bn of support for households and businesses to deal with...
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29 Apr 22
The Swedish central bank has raised interest rates to 0.25% alongside plans to reduce its balance sheet, in response to inflationary risks.
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29 Apr 22
Covid-19 support and high revenues meant Brazilian state governments began 2022 with large cash reserves, but they face warnings about spending pressures that will test their liquidity.
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29 Apr 22
The European Central Bank has blamed soaring energy prices for its misjudgement of inflation, after its projections for the beginning of 2022 turned out to be the least accurate it has ever made.
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28 Apr 22
The Swiss National Bank has reported a loss of 32.8bn francs (£27.1bn) in the first quarter of 2022, largely because of low bond prices and a strong franc devaluing its foreign currency holdings.
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28 Apr 22
Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
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28 Apr 22
Governments in Latin America face an unusually high risk from soaring prices and higher borrowing rates, a combination that could hinder policy action, according to the International Monetary Fund.
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28 Apr 22
The Central African Republic has become the second country to make the cryptocurrency Bitcoin legal tender, following El Salvador’s move last year that faced criticism from global institutions.
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28 Apr 22
South Africa’s ruling African National Congress party is reportedly looking to sell or close some of its state-owned enterprises after they were “destroyed” by a decade of corruption.
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27 Apr 22
The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
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26 Apr 22
Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
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26 Apr 22
Tax campaigners have urged world leaders to create a global asset registry to help deal with tax havens that they say deprive governments, particularly in the developing world, of billions in much-...
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26 Apr 22
Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
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25 Apr 22
Benin has negotiated a $650m programme with the International Monetary Fund amid a worsening security situation, spillovers from the war in Ukraine and lingering effects of Covid-19.
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25 Apr 22
Governments spent more than ever before on their militaries last year, with total spending reaching an all-time high after seven consecutive years of growth.
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25 Apr 22
The Ukrainian government will need at least $5bn of additional funding over the next few months to keep the nation operating through the war, according to the International Monetary Fund.
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21 Apr 22
New Zealand’s strong resilience through Covid-19 means the nation is poised for continued growth in the coming years, according to ratings agency Moody’s.
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20 Apr 22
Supply chain constraints exacerbated by the Russian invasion of Ukraine will mean that global GDP will undershoot initial forecasts, according to the International Monetary Fund.
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20 Apr 22
The World Bank is drawing up plans for a $170m medium-term crisis package to tackle the fallout from the Ukrainian invasion, Covid-19 and climate change – but admitted its ability to deal with future...
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19 Apr 22
The yen tumbled to its weakest performance against the US dollar in 20-years, as the Bank of Japan continues to stand by its yield cap on government bonds.
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19 Apr 22
A record amount of sovereign debt held by banks in emerging economies puts poorer countries at risk of a “doom loop” leading to government defaults, according to IMF economists.
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14 Apr 22
The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
4 May 22A better-than-expected post-pandemic recovery in the Western Balkans has been cut short, leaving public finances reeling, the World Bank has warned.
4 May 22New fiscal rules will underpin New Zealand’s “measured and balanced” return to government surpluses while allowing the south Pacific country to meet its massive infrastructure gap, according to its...
3 May 22The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
3 May 22Italy will increase its new windfall tax on energy company profits amid historic price rises, the prime minister has said, while unveiling €14bn of support for households and businesses to deal with...
29 Apr 22The Swedish central bank has raised interest rates to 0.25% alongside plans to reduce its balance sheet, in response to inflationary risks.
29 Apr 22Covid-19 support and high revenues meant Brazilian state governments began 2022 with large cash reserves, but they face warnings about spending pressures that will test their liquidity.
29 Apr 22The European Central Bank has blamed soaring energy prices for its misjudgement of inflation, after its projections for the beginning of 2022 turned out to be the least accurate it has ever made.
28 Apr 22The Swiss National Bank has reported a loss of 32.8bn francs (£27.1bn) in the first quarter of 2022, largely because of low bond prices and a strong franc devaluing its foreign currency holdings.
28 Apr 22Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
28 Apr 22The Central African Republic has become the second country to make the cryptocurrency Bitcoin legal tender, following El Salvador’s move last year that faced criticism from global institutions.
28 Apr 22South Africa’s ruling African National Congress party is reportedly looking to sell or close some of its state-owned enterprises after they were “destroyed” by a decade of corruption.
27 Apr 22The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
26 Apr 22Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
26 Apr 22Tax campaigners have urged world leaders to create a global asset registry to help deal with tax havens that they say deprive governments, particularly in the developing world, of billions in much-...
26 Apr 22Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
25 Apr 22Benin has negotiated a $650m programme with the International Monetary Fund amid a worsening security situation, spillovers from the war in Ukraine and lingering effects of Covid-19.
25 Apr 22Governments spent more than ever before on their militaries last year, with total spending reaching an all-time high after seven consecutive years of growth.
25 Apr 22The Ukrainian government will need at least $5bn of additional funding over the next few months to keep the nation operating through the war, according to the International Monetary Fund.
20 Apr 22Supply chain constraints exacerbated by the Russian invasion of Ukraine will mean that global GDP will undershoot initial forecasts, according to the International Monetary Fund.
20 Apr 22The World Bank is drawing up plans for a $170m medium-term crisis package to tackle the fallout from the Ukrainian invasion, Covid-19 and climate change – but admitted its ability to deal with future...
19 Apr 22The yen tumbled to its weakest performance against the US dollar in 20-years, as the Bank of Japan continues to stand by its yield cap on government bonds.
14 Apr 22The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
