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31 Mar 23
Staff cuts under former president Donald Trump’s leadership have hurt the US Treasury’s ability to oversee financial markets and the banking sector, the department’s top official has said.
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30 Mar 23
Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
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30 Mar 23
The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
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28 Mar 23
The 2020s are looking like a “lost decade” with the maximum level of growth achievable without causing inflation falling to a 30-year low, the World Bank has suggested.
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28 Mar 23
The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
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27 Mar 23
The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
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27 Mar 23
Local authorities in New Zealand have been urged to ensure they have strong procurement controls after a senior officer received a prison sentence for corruption.
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24 Mar 23
Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
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24 Mar 23
The reconstruction and recovery of Ukraine is expected to cost more $400bn and take almost a decade to complete, researchers have said.
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24 Mar 23
Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
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23 Mar 23
The Ukrainian government has received preliminary approval of a $15.6bn package from the International Monetary Fund to support the nation through its war with Russia and help adopt reforms to reduce...
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21 Mar 23
The devastation caused by last month’s earthquakes in Turkey have led the European Union lending arm to override its years-long ban on providing finance to the country.
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21 Mar 23
A $3bn bailout has finally been approved by the International Monetary Fund’s board, six months after a deal was first reached.
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20 Mar 23
Insufficient and poorly targeted climate finance means the world is falling behind on action against global warming, a landmark report has stated.
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17 Mar 23
French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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16 Mar 23
The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
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15 Mar 23
Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
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14 Mar 23
The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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13 Mar 23
The head of China's central bank is staying put despite predictions of a change at the top.
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10 Mar 23
Tunisia is facing a fresh crisis over in both politics and finances.
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10 Mar 23
Higher fossil fuel taxes in India could fund renewable investments to improve energy security and save lives, economists at the International Monetary Fund have said.
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10 Mar 23
More than a third of British Columbia’s biggest public sector organisations do not have an ongoing process to identify and assess fraud risks, its regional auditor has warned.
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7 Mar 23
China will target “around 5%” economic growth this year – a lower show of ambition than the ruling Communist Party has shown on that front in decades despite the end of lockdown restrictions.
31 Mar 23Staff cuts under former president Donald Trump’s leadership have hurt the US Treasury’s ability to oversee financial markets and the banking sector, the department’s top official has said.
30 Mar 23Switzerland will provide immediate support of almost $120bn to prevent the collapse of Credit Suisse and “avert an international financial crisis”.
30 Mar 23The Italian government has been given an extra month to convince the European Commission to release €19bn of withheld post-pandemic recovery funding.
28 Mar 23The 2020s are looking like a “lost decade” with the maximum level of growth achievable without causing inflation falling to a 30-year low, the World Bank has suggested.
28 Mar 23The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
27 Mar 23The depletion of foreign reserves and weak governance will limit Bolivia’s ability to meet debt costs, and were major contributors to a cut in its credit rating by Moody’s.
27 Mar 23Local authorities in New Zealand have been urged to ensure they have strong procurement controls after a senior officer received a prison sentence for corruption.
24 Mar 23Raising the French retirement age could benefit the government’s fiscal balance in the medium term after an initial negative impact, but the political fallout could hurt the president’s chance of...
24 Mar 23The reconstruction and recovery of Ukraine is expected to cost more $400bn and take almost a decade to complete, researchers have said.
24 Mar 23Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
23 Mar 23The Ukrainian government has received preliminary approval of a $15.6bn package from the International Monetary Fund to support the nation through its war with Russia and help adopt reforms to reduce...
21 Mar 23The devastation caused by last month’s earthquakes in Turkey have led the European Union lending arm to override its years-long ban on providing finance to the country.
21 Mar 23A $3bn bailout has finally been approved by the International Monetary Fund’s board, six months after a deal was first reached.
20 Mar 23Insufficient and poorly targeted climate finance means the world is falling behind on action against global warming, a landmark report has stated.
17 Mar 23French president Emmanuel Macron has tried to bypass the National Assembly to raise the retirement age – a move he sees as vital to fixing public finances – sparking countrywide protests.
17 Mar 23A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
16 Mar 23The Nigerian government has launched a $670m fund to help young tech entrepreneurs who face difficulty accessing finance – a longstanding barrier to the country’s digital sector.
15 Mar 23Universal energy support measures will leave European Union governments unable to meet fiscal rules when they restart at the end of the year so should be wound down, a senior commissioner has said.
14 Mar 23The Argentine government is set to receive a $5.3bn tranche from an International Monetary Fund programme, after making progress on reforms.
10 Mar 23Tunisia is facing a fresh crisis over in both politics and finances.
10 Mar 23Higher fossil fuel taxes in India could fund renewable investments to improve energy security and save lives, economists at the International Monetary Fund have said.
10 Mar 23More than a third of British Columbia’s biggest public sector organisations do not have an ongoing process to identify and assess fraud risks, its regional auditor has warned.
7 Mar 23China will target “around 5%” economic growth this year – a lower show of ambition than the ruling Communist Party has shown on that front in decades despite the end of lockdown restrictions.
