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21 Sep 21
A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
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21 Sep 21
The Swedish government has presented its 2022 budget that it says will “take Sweden forward” after the Covid-19 crisis.
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21 Sep 21
Economic recoveries from Covid-19 slowed in advanced economies over the past three months, as employment and supply chain issues caused uneven global growth, according to the OECD.
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20 Sep 21
Argentina's leader Alberto Fernandez has called for unity in the South American country, as it attempts to recover from a financial crisis exacerbated by Covid-19.
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20 Sep 21
Public debt in Ireland has a “one-in-four risk” of becoming unsustainable if the government runs deficits as projected, the country’s budget watchdog has warned.
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17 Sep 21
El Salvador has been warned its adoption of bitcoin as a legal currency earlier this month could lead S&P Global to downgrade its rating.
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17 Sep 21
World Bank economists have urged Bangladesh to redirect social protection schemes towards the urban poor, saying the move could cut the extreme poverty rate from 22% to just 4%.
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16 Sep 21
Colombia’s president has approved new tax reforms after lawmakers replaced proposals that sparked countrywide demonstrations against the government earlier this year.
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16 Sep 21
The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
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16 Sep 21
The majority of government agricultural support is harmful to society and the environment, a United Nations report has found.
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14 Sep 21
Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
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14 Sep 21
Costa Rica’s fiscal consolidation efforts have been buoyed by an International Monetary Fund deal and rising revenues – but political tensions and gridlock in its congress risk pushing its progress...
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14 Sep 21
High-spending European governments managed the Covid-19 shock “very well”, despite suffering the worst recession in the EU era, the head of the OECD has said.
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13 Sep 21
The new Lebanese prime minister Najib Mikati has warned that “hard work” is required to implement reforms before the crisis-hit country can finance its recovery.
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13 Sep 21
US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
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13 Sep 21
Eight European finance ministers are preparing to push back against efforts to loosen the EU’s attitude to debt and deficits, stressing the importance of “sound public finances”.
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10 Sep 21
The European Central Bank has said it will begin to reduce its emergency Covid-19 asset purchasing in the coming months, as the region recovers from the pandemic.
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9 Sep 21
US treasury secretary Janet Yellen has warned Congress the government could run out of cash in the next few weeks, urging lawmakers to raise the debt ceiling so she can borrow again.
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9 Sep 21
Chinese government revenue and spending could match for the first time in more than three decades, even with Beijing looking to spur the economic recovery from Covid-19, a researcher has found.
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8 Sep 21
Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
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8 Sep 21
Farm and meat-packing workers in the US will receive grants of up to $600 in recognition of costs many bore during the pandemic.
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8 Sep 21
Poland faces the prospect of daily fines as European Union leaders step up their efforts against a controversial process to discipline judges.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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6 Sep 21
Greek officials have called for each European Union country to be given tailor-made debt targets, calling the current blanket fiscal rules “practically inapplicable”.
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6 Sep 21
Angola is at risk of defaulting on its debts after International Monetary Fund support tails off, ratings agency Fitch warned as it affirmed the government’s junk status.