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3 Sep 21
Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.
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3 Sep 21
Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
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2 Sep 21
The US government lost more than $90bn of its emergency pandemic aid to fraud and error, a watchdog’s report has found.
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2 Sep 21
Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
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1 Sep 21
El Salvador’s legislative assembly has voted to create a $150m trust to help smooth the introduction of Bitcoin as an official currency next week.
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1 Sep 21
Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
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1 Sep 21
South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
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31 Aug 21
Austria’s finance minister has urged his European Union counterparts to reduce their high levels of spending as the economic rebound from Covid-19 continues.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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27 Aug 21
Australia’s Future Fund has reported a return of 22% - its highest ever - during the last fiscal year, with its portfolio ending up worth $197bn (£105bn).
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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27 Aug 21
The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
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26 Aug 21
A group of experts in Finland has begun discussing the introduction of a ‘negative income tax’ to help support people’s incomes and encourage them to work.
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26 Aug 21
Canadian prime minister Justin Trudeau has promised to tax financial services companies to help fund his housing programme if his government is re-elected next month.
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25 Aug 21
New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
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25 Aug 21
A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
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25 Aug 21
The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
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24 Aug 21
The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
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24 Aug 21
Monetary policymakers are taking the idea of digital cash seriously, with potentially big implications for public money managers.
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24 Aug 21
Leasing state-owned infrastructure is set to make the government 6trn rupees (£59bn) in the next four years to fund new capital spending, according to official plans.
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24 Aug 21
The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
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23 Aug 21
Finland’s finance ministry will assess the impact of its 2022 budget on children to help promote the interests of the next generation in the rapidly ageing country.
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23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
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23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
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19 Aug 21
The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
3 Sep 21Mexico’s new finance minister has confirmed that the government will continue to offer support to state-owned oil company Pemex, which is in billions of dollars of debt.
3 Sep 21Economist Larry Summers has warned that “woke” central banking could be responsible for a new era of enduring high inflation in industrialised countries.
2 Sep 21The US government lost more than $90bn of its emergency pandemic aid to fraud and error, a watchdog’s report has found.
2 Sep 21Elevated asset purchasing by the European Central Bank will continue until 2025, long after its Covid-19 facility shuts, according to ratings agency Fitch.
1 Sep 21El Salvador’s legislative assembly has voted to create a $150m trust to help smooth the introduction of Bitcoin as an official currency next week.
1 Sep 21Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
1 Sep 21South Korea is looking to create a “virtuous cycle” of public spending and economic growth, unveiling its 2022 budget which is set to take government debt over 50% of GDP for the first time.
31 Aug 21Austria’s finance minister has urged his European Union counterparts to reduce their high levels of spending as the economic rebound from Covid-19 continues.
31 Aug 21The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
27 Aug 21Australia’s Future Fund has reported a return of 22% - its highest ever - during the last fiscal year, with its portfolio ending up worth $197bn (£105bn).
27 Aug 21The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
27 Aug 21The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
26 Aug 21A group of experts in Finland has begun discussing the introduction of a ‘negative income tax’ to help support people’s incomes and encourage them to work.
26 Aug 21Canadian prime minister Justin Trudeau has promised to tax financial services companies to help fund his housing programme if his government is re-elected next month.
25 Aug 21New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
25 Aug 21A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
25 Aug 21The World Bank has stopped funding aid programmes in Afghanistan in light of the Taliban taking control of the country.
24 Aug 21The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
24 Aug 21Monetary policymakers are taking the idea of digital cash seriously, with potentially big implications for public money managers.
24 Aug 21Leasing state-owned infrastructure is set to make the government 6trn rupees (£59bn) in the next four years to fund new capital spending, according to official plans.
24 Aug 21The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
23 Aug 21Finland’s finance ministry will assess the impact of its 2022 budget on children to help promote the interests of the next generation in the rapidly ageing country.
23 Aug 21An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
23 Aug 21The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
19 Aug 21The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
