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21 Sep 21
A group of Lebanon’s international creditors has called for the new government to begin the debt restructuring process swiftly and to start talks with the International Monetary Fund.
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21 Sep 21
Economic recoveries from Covid-19 slowed in advanced economies over the past three months, as employment and supply chain issues caused uneven global growth, according to the OECD.
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20 Sep 21
Public debt in Ireland has a “one-in-four risk” of becoming unsustainable if the government runs deficits as projected, the country’s budget watchdog has warned.
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17 Sep 21
El Salvador has been warned its adoption of bitcoin as a legal currency earlier this month could lead S&P Global to downgrade its rating.
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16 Sep 21
Colombia’s president has approved new tax reforms after lawmakers replaced proposals that sparked countrywide demonstrations against the government earlier this year.
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14 Sep 21
Malaysia’s cabinet wants to increase the government’s legal debt limit for the second time in two years, to allow it to continue to deal with the Covid-19 crisis.
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14 Sep 21
High-spending European governments managed the Covid-19 shock “very well”, despite suffering the worst recession in the EU era, the head of the OECD has said.
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13 Sep 21
US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
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8 Sep 21
Private creditors must be involved in Chad’s debt restructuring if the government is to avoid cutting services to meet interest payments, the International Monetary Fund has said.
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7 Sep 21
Egypt must find a way to reduce its debt servicing costs if it is to weather the potential shock of interest rates rising, its government has been warned.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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27 Aug 21
The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
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25 Aug 21
New president Hakainde Hichilema vowed to reduce Zambia’s large public debt after his convincing election victory earlier this month, saying the budget has become “overwhelmed” by servicing costs.
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24 Aug 21
The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
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24 Aug 21
Monetary policymakers are taking the idea of digital cash seriously, with potentially big implications for public money managers.
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23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
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23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
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19 Aug 21
Inflation related to Covid-19 recovery will pass quickly – but demographic changes mean there is a need to prepare for a longer-term rise, says Manoj Pradhan.
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18 Aug 21
Increased debt in many economies resulting from the Covid-19 pandemic may lead to increased financial risks in the future, according to ratings agency Fitch.
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16 Aug 21
Ireland’s economy has better weathered shocks than expected, according to rating agency Moody’s, as it raised its outlook for the country's rating from stable to positive.
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13 Aug 21
Ballooning budget deficits in developing Asian countries have been tipped to slow their progress towards the United Nations’ 2030 development goals.
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12 Aug 21
Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
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12 Aug 21
The pace of larger economies' economic recovery from Covid-19 has slowed in recent months, according to analysis for the OECD.
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12 Aug 21
The Polish deputy prime minister has been sacked amid a disagreement over tax policy and a proposed media law, leaving the government’s future in doubt.
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10 Aug 21
With increasing projections of a post-Covid-19 rise in inflation, what would ballooning prices mean for public sector finances?