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13 Dec 21
Poland’s justice minister has said the government could halt contributions to the European Union budget if officials in Brussels cut funding for Warsaw amid a battle over the rule of law.
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13 Dec 21
High oil prices will next year allow Saudi Arabia to post its first budget surplus since 2013, according to the government.
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13 Dec 21
The Greek government is set to appeal to the European Central Bank to continue buying its bonds after an emergency programme expires in March.
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10 Dec 21
Age-related costs to public finances could cause public debt-to-GDP ratios to rise by 140% in the next few decades if governments do not implement reforms to dull the impact of rising life...
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10 Dec 21
Social protection programmes in Pakistan will benefit from $603m from the Asian Development Bank, as the government tries to implement its national anti-poverty strategy.
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10 Dec 21
European Union countries must be able to invest in ‘greening’ their economies under new fiscal rules, the head of the International Monetary Fund has said.
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9 Dec 21
Malawi’s former finance minister and ex-central bank governor have been arrested amid allegations of providing incorrect financial information to the International Monetary Fund.
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8 Dec 21
State and central banks across the globe are becoming nervous that rising inflationary pressures could trigger rates action next year, according to ratings agency Fitch.
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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6 Dec 21
Emerging nations seeking to restructure domestic debt will need to carefully consider the impact on their economies, according to the International Monetary Fund.
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3 Dec 21
Japan’s economic rebound from Covid-19 would be buoyed by spending to boost the country’s digital transformation, according to the OECD.
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3 Dec 21
US politicians have approved a bill to continue current funding commitments until February, avoiding a government shutdown.
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3 Dec 21
Turkey’s finance minister has left his job in the midst of a sharply declining lira and steadfastly high inflation, and will be replaced by his deputy who one week ago defended the country’s...
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2 Dec 21
The new Honduran president has come to power with the promise to revamp the Central American country’s struggling economy by increasing the size and reach of the state.
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2 Dec 21
Some countries’ post-COP26 plans to end financing for natural gas exploration would only serve to increase the “injustice” felt by Africa, the president of Senegal has told a summit.
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1 Dec 21
The European Union hopes to mobilise €300bn of infrastructure investment around the world, rivalling China’s massive Belt and Road initiative whose momentum has slowed.
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30 Nov 21
The Australian government brought forward next year’s budget by two months in a move suggesting it will call an election in May, right at the end of its term limit.
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30 Nov 21
Improving Pakistan’s tax collection is the key to economic stability and reducing its reliance on foreign loans, prime minister Imran Khan has said.
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30 Nov 21
Belgium’s high debt levels compared with peers is a key constraint on the nation’s credit, according to ratings agency Moody’s.
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29 Nov 21
World governments have been told to bolster their health systems and vaccination programmes in response to a new strain of Covid-19.
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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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26 Nov 21
Spanish lawmakers have passed the country’s highest-spending budget after the prime minister won the support he needed from minor parties.
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25 Nov 21
More than 300 million more people in India will receive Covid-19 vaccines following the approval of a loan from the Asian Development Bank.
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25 Nov 21
German finance minister Olaf Scholz is set to become chancellor after agreeing a ‘traffic light coalition’ deal comprising three parties and setting out the new government’s priorities.