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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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19 May 21
Governments need to spend far more on research and development on clean energy if the world is to reach net zero carbon emissions by 2050, the International Energy Agency has said.
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18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
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18 May 21
Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
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18 May 21
The UK is hesitant to support the US push for a 21% global minimum corporation tax rate over fears doing so would harm the chance of sorting out the issue of digital taxation, it has been reported.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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17 May 21
Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
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14 May 21
Finance ministries need to be at the forefront of the coordinated approach that governments need to take to deal with environmental challenges, a study has found.
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14 May 21
Surging US inflation figures do not reflect the “excellent” economic situation, a leading figure from the country’s central bank has said.
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14 May 21
A robust rebound from the Covid-19 economic crisis has allowed Australia to present its 2021-22 budget in a far better position than it expected to.
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13 May 21
The Norwegian government will draw down a record NOK402bn (£34bn) of funding from its national pension fund, to help mitigate the economic impact of Covid-19.
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13 May 21
Myanmar’s alternative 'national unity government' will not honour the ruling junta’s debts if it gains power, its finance minister has said.
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12 May 21
The widespread nature of the 'informal economy' in developing countries leaves governments with fewer resources with which to support the economic recovery from Covid-19, a World Bank study has found.
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12 May 21
Historically high debt is set to test South Korea’s fiscal mettle but a strong economy has helped it retain an Aa2 rating with ratings agency Moody’s.
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11 May 21
Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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11 May 21
Inheritance tax could play a greater role in addressing inequality and dealing with the public finance pressures of Covid-19, the OECD has said.
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11 May 21
A “more prosperous and sustainable future” is possible if G7 countries step up public investment in the coming decade, a group of academics has said.
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10 May 21
Malaysia’s sovereign wealth fund is suing nine institutions and 25 people in an attempt to recover money it said was lost during a corruption scandal that toppled a previous government.
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7 May 21
Turkey’s central bank has kept its benchmark rate constant at 19% for a second time since the country’s president sacked the governor who raised the rate to that level.
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7 May 21
Qatar’s finance minister has been arrested amid allegations of misuse of public funds.
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6 May 21
New Zealand has been urged to scale up its interventions in the labour market to ensure its recovery does not leave sections of society behind.
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5 May 21
Thailand is planning a new round of measures to help low-income groups through its biggest wave of Covid-19 cases since the pandemic began.
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5 May 21
India’s second wave of Covid-19 could derail its previously strong economic recovery and damage its credit profile, ratings agency S&P Global has said.
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5 May 21
The pandemic and the political crisis in Myanmar are threatening to bring the country to the point of economic collapse, reversing more than a decade of human development gains, the United Nations...