-
31 May 17
Pakistan’s finance minister has called upon treasury officials to “continue the hard work” in order to fulfil targets outlined in the country’s 2017-18 budget, unveiled last week.
-
31 May 17
The OECD has urged Japan to improve work prospects for young people, all of whom are needed in a job market that now has the highest ratio of openings to candidates since 1974.
-
31 May 17
Goldman Sachs’ purchase of $2.8bn in bonds from the Venezuelan government has sparked criticism from opposition politicians, who have accused the bank of “loansharking” and providing a financial...
-
31 May 17
The Philippines is at a critical juncture in its urbanisation process, which has driven growth but could see this slow due to poor infrastructure and complicated regulations.
-
30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
-
30 May 17
Read the October 2016 special edition of PFI Magazine
-
30 May 17
Moving to a system of universal basic income would produce more winners than losers among low-income groups but prove ineffective in reducing poverty, the OECD has found.
-
30 May 17
US president Donald Trump has steered away from commitments on limiting climate change reaffirmed over the weekend by other wealthy economies.
-
26 May 17
Fitch Ratings has warned that a plan for Azerbaijan’s government to take on $2.3bn in debt from an ailing state-owned bank would increase public dues without alleviating uncertainty.
-
26 May 17
In its 2017 budget, New Zealand unveiled public finance forecasts likely to be envied the world over. Set for a significant, and growing, cash surplus, the government can tackle some long-standing...
-
26 May 17
The International Monetary Fund has again urged Ukraine to press ahead with its reform efforts in order to unlock growth and the next round of bailout funding.
-
25 May 17
New Zealand expects a surplus of around $5bn by 2021, according to its 2017 budget, which plans lower taxes and investment in services and infrastructure to make the most of this position.
-
25 May 17
The International Monetary Fund has approved a $5.5bn loan package to help rebuild the Mongolian economy after it was battered by the slump in commodity prices.
-
24 May 17
Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
-
24 May 17
US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
-
24 May 17
African nations are subsiding countries far richer than they, research by a group of development charities has found.
-
23 May 17
The World Bank has highlighted Malaysia’s success in achieving high levels of financial inclusion, particularly through the use of mobile phones and banking agents.
-
19 May 17
The International Monetary Fund has lifted its growth forecast for South Africa to 1% as two factors weighing on the economy – drought and depressed commodity prices – dissipate.
-
19 May 17
Japan has enjoyed its longest growth streak since 2006, with its economy expanding for the fifth consecutive quarter in the first three months of this year.
-
19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
-
18 May 17
Saudi Arabia could slow down its efforts to balance the budget, but still needs a substantial programme of tax increases and spending cuts in the long run, the International Monetary Fund has said.
-
17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
-
17 May 17
Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
-
17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
-
16 May 17
Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.