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7 Apr 17
Fitch Ratings has today downgraded South Africa’s credit rating to junk status following president Jacob Zuma’s dismissal of trusted finance minister Pravin Gordhan.
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7 Apr 17
Brexit could put Africa’s future growth at risk, Adam Elhiraika, director of the United Nations Economic Commission for Africa, has said.
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7 Apr 17
The success of domestic monetary policy can be hamstrung by the impact of sudden foreign shocks in globally integrated economies, the International Monetary Fund has concluded.
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7 Apr 17
Greece and its creditors have chipped away at a deadlock over the next phase of its €86bn bailout deal, reaching an agreement on the “overarching issues”.
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6 Apr 17
Ukraine could be on track to receive a total of $5.5bn from the International Monetary Fund this year if the country presses ahead with anti-corruption and pension reforms.
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6 Apr 17
Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
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6 Apr 17
Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
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4 Apr 17
Eurozone unemployment fell to its lowest level in eight years in February, but auditors have warned that the bloc’s effort to reduce youth unemployment has fallen short of expectations.
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4 Apr 17
Governments must take an active role and “unleash entrepreneurship” if productivity is to be improved, the head of the International Monetary Fund has said.
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3 Apr 17
A development plan for South Asia launched today hopes to add $70bn and 20 million jobs to the region’s economy by 2025.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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3 Apr 17
Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
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31 Mar 17
South Africa’s president Jacob Zuma has dismissed the country’s renowned finance minister Pravin Gordhan, sending the rand tumbling.
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31 Mar 17
Russia has scored an initial victory in its court case against Ukraine, which has been refusing to service a $3bn eurobond bought by Russia in 2015.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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29 Mar 17
A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
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29 Mar 17
The European Central Bank overstepped its mandate during the eurozone crisis, Transparency International has concluded.
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27 Mar 17
Portugal has recorded its lowest deficit in 40 years after halving it in 2016, figures published by the country’s national statistics office last week showed.
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27 Mar 17
A tiff over collective bargaining in Greece resurfaced last week when prime minister Alexis Tsipras sent a letter to European leaders accusing them of double standards.
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27 Mar 17
An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
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24 Mar 17
Tax policies can and should be leveraged to boost productivity, the head of the International Monetary Fund’s fiscal affairs department has said.
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24 Mar 17
The Latin America and Caribbean region continued to close its tax gap with others in 2015, rebuffing the impact of the collapse in commodity prices on revenues, the OECD has found.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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22 Mar 17
France’s interior minister Bruno Le Roux has stood down amid an inquiry into publicly funded jobs he gave to his two teenage daughters during the school holidays.
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20 Mar 17
A crisis over how to pay $862.5m per month in benefits relied upon by 17 million people in South Africa has been averted by the country’s constitutional court.
7 Apr 17Fitch Ratings has today downgraded South Africa’s credit rating to junk status following president Jacob Zuma’s dismissal of trusted finance minister Pravin Gordhan.
7 Apr 17Brexit could put Africa’s future growth at risk, Adam Elhiraika, director of the United Nations Economic Commission for Africa, has said.
7 Apr 17The success of domestic monetary policy can be hamstrung by the impact of sudden foreign shocks in globally integrated economies, the International Monetary Fund has concluded.
7 Apr 17Greece and its creditors have chipped away at a deadlock over the next phase of its €86bn bailout deal, reaching an agreement on the “overarching issues”.
6 Apr 17Ukraine could be on track to receive a total of $5.5bn from the International Monetary Fund this year if the country presses ahead with anti-corruption and pension reforms.
6 Apr 17Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
6 Apr 17Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
4 Apr 17Eurozone unemployment fell to its lowest level in eight years in February, but auditors have warned that the bloc’s effort to reduce youth unemployment has fallen short of expectations.
4 Apr 17Governments must take an active role and “unleash entrepreneurship” if productivity is to be improved, the head of the International Monetary Fund has said.
3 Apr 17A development plan for South Asia launched today hopes to add $70bn and 20 million jobs to the region’s economy by 2025.
3 Apr 17Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
3 Apr 17Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
31 Mar 17South Africa’s president Jacob Zuma has dismissed the country’s renowned finance minister Pravin Gordhan, sending the rand tumbling.
31 Mar 17Russia has scored an initial victory in its court case against Ukraine, which has been refusing to service a $3bn eurobond bought by Russia in 2015.
29 Mar 17A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
29 Mar 17The European Central Bank overstepped its mandate during the eurozone crisis, Transparency International has concluded.
27 Mar 17Portugal has recorded its lowest deficit in 40 years after halving it in 2016, figures published by the country’s national statistics office last week showed.
27 Mar 17A tiff over collective bargaining in Greece resurfaced last week when prime minister Alexis Tsipras sent a letter to European leaders accusing them of double standards.
27 Mar 17An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
24 Mar 17Tax policies can and should be leveraged to boost productivity, the head of the International Monetary Fund’s fiscal affairs department has said.
24 Mar 17The Latin America and Caribbean region continued to close its tax gap with others in 2015, rebuffing the impact of the collapse in commodity prices on revenues, the OECD has found.
22 Mar 17France’s interior minister Bruno Le Roux has stood down amid an inquiry into publicly funded jobs he gave to his two teenage daughters during the school holidays.
