-
27 Jan 22
The OECD is set to open accession discussions with Argentina, Brazil, Bulgaria, Croatia, Peru and Romania, over potential membership of the organisation.
-
27 Jan 22
South African officials failed to follow procurement rules when buying personal protective equipment at the beginning of the Covid-19 pandemic, representing a “complete breakdown” of the system,...
-
27 Jan 22
Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
-
25 Jan 22
Brazilian president Jair Bolsonaro has set aside some money in the country’s 2022 budget for public sector pay rises in some professions, amid threats of strikes.
-
25 Jan 22
Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
-
24 Jan 22
The European Commission and Canada are set to provide more than £1bn in loans grants to Ukraine, to help ward off the threat of Russian hostility.
-
24 Jan 22
The world’s debt crisis has been tipped to worsen as a result of the interest rate hikes projected for 2022.
-
21 Jan 22
The world economy is recovering more slowly than many expected as problems associated with Covid-19 continue to bite, the head of the International Monetary Fund has said.
-
21 Jan 22
The European Central Bank could delay interest rates rises until 2024, despite inflationary pressures caused by supply chain constraints, according to ratings agency Fitch.
-
20 Jan 22
A new portal launched by the OECD seeks to provide transparency over which of its development aid services are exempt from taxes, to avoid potential disputes.
-
20 Jan 22
Young Spanish people will be paid €250 per month to help them move out of their parent’s homes amid a housing crisis that has left many unable to afford rent by themselves.
-
20 Jan 22
The chairman of Bulgaria’s anti-corruption agency has resigned amid efforts by a new government to draw up laws to intensify the country’s work combating widespread graft.
-
19 Jan 22
Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
-
18 Jan 22
The European Union has set an initial €1.5bn budget for humanitarian aid in 2022, to help support crises worsened by natural disasters and climate change.
-
18 Jan 22
The Netherlands is set to move away from its pre-pandemic trend of recording budget surpluses, according to analysts who have looked at the new coalition government’s spending plans.
-
17 Jan 22
The Japanese government still officially aims to reach a balanced budget by 2025, despite the emergence of the Omicron variant of Covid-19.
-
17 Jan 22
Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
-
17 Jan 22
Global investments by sovereign funds meeting environmental, social and governance standards more then trebled last year, as Covid-19 accelerated the move away from fossil fuels, according to experts...
-
17 Jan 22
Greek over-60s who choose not to receive a Covid-19 vaccine are set to be fined, with the money going to fund hospitals.
-
14 Jan 22
Slovakia’s low Covid-19 vaccination rate poses a huge short-term risk to its economy, but the longer-term challenge of its fast-ageing population also needs attention, according to the OECD.
-
14 Jan 22
Kazakhstan’s president announced he will set up a public fund to help improve the lives of the country’s poor in the wake of recent violent unrest.
-
14 Jan 22
A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
-
13 Jan 22
The Rwandan economy recovered strongly in 2021, after Covid-19 saw the nation drop into its first recession in more than two decades, according to the International Monetary Fund.
-
13 Jan 22
Global growth is slowing amid renewed waves of Covid-19 cases and high inflation, the World Bank’s latest Global Economic Prospects report has warned.
-
13 Jan 22
Malaysia has said money it has recovered related to its state-owned scandal-hit fund 1Malaysia Development Berhad will only pay off the principal amount of its debt this year.