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12 Jul 22
Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
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12 Jul 22
“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
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8 Jul 22
South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
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8 Jul 22
The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
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7 Jul 22
The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
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6 Jul 22
The World Bank will loan Indonesia $350m to support reforms aimed at improving the health and education of its citizens and thereby boost productivity.
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5 Jul 22
The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
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5 Jul 22
Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
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4 Jul 22
European Union auditors have identified risks that the bloc’s executive arm’s increasing use of external consultants does not provide value for money.
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4 Jul 22
The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
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1 Jul 22
Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
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1 Jul 22
Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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1 Jul 22
Ukraine is set to receive a further £1bn of military support from the UK to help counter Russian “brutality” in the nation.
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28 Jun 22
French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
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27 Jun 22
The world’s richest governments have been told they failed poorer countries “on every level” on Covid-19 vaccines, with their hoarded stockpiles, unfulfilled promises of donations and efforts to stop...
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27 Jun 22
Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
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24 Jun 22
The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
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24 Jun 22
Moldova and war-torn Ukraine have made a step towards becoming members of the European Union, as bloc leaders agree to give them ‘candidate’ status.
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23 Jun 22
African countries continued to strengthen their efforts aimed at tackling tax evasion and other illicit financial flows last year, a report has found, but the continent continues to lose billions of...
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21 Jun 22
Annual investment of $25bn for the next decade would allow Africa to meet its energy goals and reverse current backsliding on energy access, the International Energy Agency has said, calling for...
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21 Jun 22
Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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17 Jun 22
The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
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16 Jun 22
The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
12 Jul 22Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
12 Jul 22“Economic scarring” from Covid-19 has been cited alongside high borrowing costs as the reason for ratings agency Moody’s lowering its judgement of Mexico’s debt affordability.
8 Jul 22South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
8 Jul 22The Croatian government has appointed a new finance minister following the shock resignation of Zdravko Maric as the country puts plans in place to adopt the euro.
7 Jul 22The French government is set to take full control of energy giant EDF, which it said will enable the country to make “radical decisions” on its future energy plans.
6 Jul 22The World Bank will loan Indonesia $350m to support reforms aimed at improving the health and education of its citizens and thereby boost productivity.
5 Jul 22The Argentine government is at a heightened risk of another debt default following the resignation of its finance minister, an expert has warned.
5 Jul 22Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
4 Jul 22European Union auditors have identified risks that the bloc’s executive arm’s increasing use of external consultants does not provide value for money.
4 Jul 22The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
1 Jul 22Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
1 Jul 22Australia’s wealthy and resilient economy will continue to grow as the nation recovers from Covid-19, which ratings agency Moody’s has said is the key factor behind the country’s Aaa rating.
1 Jul 22Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
1 Jul 22Ukraine is set to receive a further £1bn of military support from the UK to help counter Russian “brutality” in the nation.
28 Jun 22French finance minister Bruno Le Maire has said the government’s finances have reached “alert level” amid a debate over how much he can do to shield people from the rising cost of living.
27 Jun 22The world’s richest governments have been told they failed poorer countries “on every level” on Covid-19 vaccines, with their hoarded stockpiles, unfulfilled promises of donations and efforts to stop...
27 Jun 22Pakistan’s prime minister has said a new “super tax” levied on big industries and a “poverty alleviation tax” on the country’s richest residents will cut the deficit and help fund measures aimed at...
24 Jun 22The president of the European Parliament has suggested the EU’s seven-year budget cycle might leave the bloc unable to respond to challenges.
24 Jun 22Moldova and war-torn Ukraine have made a step towards becoming members of the European Union, as bloc leaders agree to give them ‘candidate’ status.
21 Jun 22Annual investment of $25bn for the next decade would allow Africa to meet its energy goals and reverse current backsliding on energy access, the International Energy Agency has said, calling for...
21 Jun 22Singapore’s finance minister has unveiled a package of support for low-income households, vulnerable people and companies to help them deal with spiralling inflation.
20 Jun 22The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
17 Jun 22The European Union looks set to remove Greece from its ‘enhanced economic surveillance’ programme, recognising that the government has delivered most of its reform commitments.
16 Jun 22The US Federal Reserve is set to hike lending rates by 0.75 percentage points to help tame runaway inflation, the largest single increase since the 1990s.
