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23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
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23 Feb 21
The head of Myanmar’s military government has told his officials they need to take action to revive the country’s struggling economy, state media has reported.
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19 Feb 21
Bolivia’s central bank has returned a loan of nearly $350m plus interest to the International Monetary Fund, claiming it had been improperly negotiated by the previous government.
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19 Feb 21
Covid-19 led public debt to a record high in 2020, as governments borrowed three times as much as they did the previous year while trying to fight the virus.
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18 Feb 21
Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
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18 Feb 21
Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.
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16 Feb 21
Companies seeking government contracts in Saudi Arabia will need to set up regional headquarters in the country by 2024, an official has said.
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16 Feb 21
Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
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12 Feb 21
The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
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12 Feb 21
US president Joe Biden’s plan to raise the minimum wage in the US would lift nearly one million people out of poverty, but would also result in a large increase to the budget deficit, a government...
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11 Feb 21
The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
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9 Feb 21
State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
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9 Feb 21
A pilot scheme to support companies trialling a four-day week for their employees is set to begin in Spain, with €50m of backing from the government.
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8 Feb 21
Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
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5 Feb 21
Covid-19 has led Ethiopia seeking relief on its large public debts as it tries to make fiscal space to deal with the crisis.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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4 Feb 21
A five-year programme aimed at building the capacity of Madagascar’s Court of Accounts has been unveiled in Antananarivo.
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2 Feb 21
The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
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29 Jan 21
The new US administration is likely to cooperate with other countries in finding a solution to the issues around international corporation tax, German finance minister Olaf Scholz has said.
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28 Jan 21
A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
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26 Jan 21
Global defence spending reached $1.93trn in 2020, after rising continuously for the past seven years, but a “noticeable slowdown” could be on the way as governments deal with the fallout of Covid-19.
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26 Jan 21
More efficient energy policies could generate revenue worth around 1% of GDP for developing countries, the OECD has claimed.
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26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
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22 Jan 21
The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
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22 Jan 21
Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
23 Feb 21Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
23 Feb 21The head of Myanmar’s military government has told his officials they need to take action to revive the country’s struggling economy, state media has reported.
19 Feb 21Bolivia’s central bank has returned a loan of nearly $350m plus interest to the International Monetary Fund, claiming it had been improperly negotiated by the previous government.
19 Feb 21Covid-19 led public debt to a record high in 2020, as governments borrowed three times as much as they did the previous year while trying to fight the virus.
18 Feb 21Several countries in Latin America “will find it challenging” to reduce their deficit enough to get their debt back on a sustainable footing, according to ratings agency Fitch.
18 Feb 21Governments need to be on their guard against fraudulent offers of Covid-19 vaccines, the EU’s fraud watchdog has warned amid its inquiry into the illicit trade of pandemic-related goods.
16 Feb 21Companies seeking government contracts in Saudi Arabia will need to set up regional headquarters in the country by 2024, an official has said.
16 Feb 21Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
12 Feb 21The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
12 Feb 21US president Joe Biden’s plan to raise the minimum wage in the US would lift nearly one million people out of poverty, but would also result in a large increase to the budget deficit, a government...
11 Feb 21The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
9 Feb 21State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
9 Feb 21A pilot scheme to support companies trialling a four-day week for their employees is set to begin in Spain, with €50m of backing from the government.
8 Feb 21Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
5 Feb 21Covid-19 has led Ethiopia seeking relief on its large public debts as it tries to make fiscal space to deal with the crisis.
4 Feb 21Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
4 Feb 21A five-year programme aimed at building the capacity of Madagascar’s Court of Accounts has been unveiled in Antananarivo.
2 Feb 21The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
29 Jan 21The new US administration is likely to cooperate with other countries in finding a solution to the issues around international corporation tax, German finance minister Olaf Scholz has said.
28 Jan 21A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
26 Jan 21Global defence spending reached $1.93trn in 2020, after rising continuously for the past seven years, but a “noticeable slowdown” could be on the way as governments deal with the fallout of Covid-19.
26 Jan 21More efficient energy policies could generate revenue worth around 1% of GDP for developing countries, the OECD has claimed.
26 Jan 21Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
22 Jan 21The USA’s top health official says the country will join global efforts to help poor countries overcome Covid-19, while new Treasury secretary Janet Yellen has committed to big domestic spending...
22 Jan 21Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
