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4 Aug 21
The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
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3 Aug 21
One month before El Salvador formally adopts Bitcoin as legal tender, the International Monetary Fund has published a warning that cryptocurrencies are “too volatile and unrelated to the real economy...
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3 Aug 21
Treasury secretary Janet Yellen has begun steps to prevent the US federal government borrowing above its legal limit, which came back into force on Sunday after a two-year suspension.
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3 Aug 21
The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
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3 Aug 21
Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
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2 Aug 21
Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
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2 Aug 21
Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
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30 Jul 21
European Union fiscal rules need to allow for stronger public investment to drive growth in the coming years, the European Commission’s economics leader has said.
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30 Jul 21
Sanctions and Covid-19 have led North Korea’s economy to its biggest contraction in more than two decades, according to South Korea’s central bank.
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30 Jul 21
New Lebanese prime minister Najib Mikati said this week that only a unified approach will help the nation recover from one of the greatest crises in modern history.
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29 Jul 21
US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
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29 Jul 21
US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
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28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
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28 Jul 21
Highly infectious new strains of Covid-19 could scupper the economic recovery and take as much as $4.5trn off of global GDP by 2025, the International Monetary Fund’s chief economist has warned.
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27 Jul 21
A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
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27 Jul 21
China is aiming to take increasing control over the often-secret debt in its local government sector, according to state-run financial media.
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27 Jul 21
Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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26 Jul 21
Sri Lanka has criticised rating agency Moody’s for its “surprise” downgrade review ahead of a looming debt repayment deadline it insists it was always able to pay.
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23 Jul 21
Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
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23 Jul 21
The European Central Bank will not risk harming the economic recovery from Covid-19 by withdrawing its emergency monetary support early, its president has said.
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23 Jul 21
Sustainability considerations are becoming increasingly important for government investors, taking their place alongside traditional priorities such as return and stability, a report has found.
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23 Jul 21
The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
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22 Jul 21
Colombia’s government has presented new tax reforms to replace earlier proposals that were scrapped amid mass protests.
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22 Jul 21
The German government has allocated an initial €200m to help with immediate assistance to regions affected by recent floods.
4 Aug 21The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
3 Aug 21One month before El Salvador formally adopts Bitcoin as legal tender, the International Monetary Fund has published a warning that cryptocurrencies are “too volatile and unrelated to the real economy...
3 Aug 21Treasury secretary Janet Yellen has begun steps to prevent the US federal government borrowing above its legal limit, which came back into force on Sunday after a two-year suspension.
3 Aug 21The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
3 Aug 21Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
2 Aug 21Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
2 Aug 21Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
30 Jul 21European Union fiscal rules need to allow for stronger public investment to drive growth in the coming years, the European Commission’s economics leader has said.
30 Jul 21Sanctions and Covid-19 have led North Korea’s economy to its biggest contraction in more than two decades, according to South Korea’s central bank.
30 Jul 21New Lebanese prime minister Najib Mikati said this week that only a unified approach will help the nation recover from one of the greatest crises in modern history.
29 Jul 21US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
29 Jul 21US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
28 Jul 21Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
28 Jul 21Highly infectious new strains of Covid-19 could scupper the economic recovery and take as much as $4.5trn off of global GDP by 2025, the International Monetary Fund’s chief economist has warned.
27 Jul 21A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
27 Jul 21China is aiming to take increasing control over the often-secret debt in its local government sector, according to state-run financial media.
27 Jul 21Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
26 Jul 21Sri Lanka has criticised rating agency Moody’s for its “surprise” downgrade review ahead of a looming debt repayment deadline it insists it was always able to pay.
23 Jul 21Bulgaria is set to use most of its unexpectedly high revenue to increase state pensions and prepare for future waves of Covid-19 rather than run a much smaller deficit, the country’s finance minister...
23 Jul 21The European Central Bank will not risk harming the economic recovery from Covid-19 by withdrawing its emergency monetary support early, its president has said.
23 Jul 21Sustainability considerations are becoming increasingly important for government investors, taking their place alongside traditional priorities such as return and stability, a report has found.
23 Jul 21The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
22 Jul 21Colombia’s government has presented new tax reforms to replace earlier proposals that were scrapped amid mass protests.
22 Jul 21The German government has allocated an initial €200m to help with immediate assistance to regions affected by recent floods.
