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21 Jul 21
Favourable markets could see Italian local and regional governments shift to capital markets to fund capital investments, according to ratings agency Fitch.
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21 Jul 21
The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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19 Jul 21
The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
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16 Jul 21
International Monetary Fund officials are negotiating a deal aimed at sorting out Argentina’s $45bn debt it currently has with the fund, a spokesman has said.
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16 Jul 21
Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
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15 Jul 21
The Reserve Bank of New Zealand has said it will halt its bond-buying programme as the economic recovery from Covid-19, becoming one of the first advanced economy central banks to do so.
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14 Jul 21
Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
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14 Jul 21
US treasury secretary Janet Yellen has said she will use extraordinary measures to manage the Treasury’s cash if Congress does not raise the debt limit by the end of July.
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13 Jul 21
Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
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13 Jul 21
The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
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12 Jul 21
Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
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12 Jul 21
France’s large public debt poses a challenge during its economic recovery from Covid-19 but cannot be cancelled, the country’s central bank chief has said.
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9 Jul 21
The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
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9 Jul 21
The European Central Bank will now accept “temporary deviation” around its new inflation target of 2% as part of a fresh monetary policy strategy.
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8 Jul 21
Covid-19 has created a “profound debt crisis that will turbo-charge global inequality”, with governments in poorer countries unable to support their vulnerable citizens, a Public Finance Live 2021...
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8 Jul 21
With the climate crisis now sitting at the top of political and economic agendas, the public sector must move more quickly on adopting sustainability reporting frameworks, Public Finance Live 2021...
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8 Jul 21
New Zealand’s Treasury has warned the government that the country faces debt rising to unsustainable levels over the next few decades as its ageing population drives up spending.
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8 Jul 21
Complacency by Asia-Pacific governments after early successes against Covid-19 has led to patchy economic performance, according to ratings agency S&P.
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8 Jul 21
The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
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7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
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6 Jul 21
The global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
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6 Jul 21
France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
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6 Jul 21
The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
21 Jul 21Favourable markets could see Italian local and regional governments shift to capital markets to fund capital investments, according to ratings agency Fitch.
21 Jul 21The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
20 Jul 21Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
19 Jul 21The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
16 Jul 21International Monetary Fund officials are negotiating a deal aimed at sorting out Argentina’s $45bn debt it currently has with the fund, a spokesman has said.
16 Jul 21Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
15 Jul 21An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.
15 Jul 21The Reserve Bank of New Zealand has said it will halt its bond-buying programme as the economic recovery from Covid-19, becoming one of the first advanced economy central banks to do so.
14 Jul 21Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
14 Jul 21US treasury secretary Janet Yellen has said she will use extraordinary measures to manage the Treasury’s cash if Congress does not raise the debt limit by the end of July.
13 Jul 21Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
13 Jul 21The European Commission has put plans for an online sales tax on hold following the G20’s endorsement of a global corporation tax deal and pressure from the US.
12 Jul 21Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
12 Jul 21France’s large public debt poses a challenge during its economic recovery from Covid-19 but cannot be cancelled, the country’s central bank chief has said.
9 Jul 21The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
9 Jul 21The European Central Bank will now accept “temporary deviation” around its new inflation target of 2% as part of a fresh monetary policy strategy.
8 Jul 21With the climate crisis now sitting at the top of political and economic agendas, the public sector must move more quickly on adopting sustainability reporting frameworks, Public Finance Live 2021...
8 Jul 21New Zealand’s Treasury has warned the government that the country faces debt rising to unsustainable levels over the next few decades as its ageing population drives up spending.
8 Jul 21Complacency by Asia-Pacific governments after early successes against Covid-19 has led to patchy economic performance, according to ratings agency S&P.
8 Jul 21The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
7 Jul 21Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
6 Jul 21The global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
6 Jul 21France wants the European Union’s new joint debt mechanism, set up on a temporary basis to finance Covid-19 recovery spending, to be made permanent in order to drive investment in technology.
6 Jul 21The South Korean government will offer more emergency relief grants of 250,000 won ($220) to residents, as part of a 33trn won ($29bn) supplementary budget.
