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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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2 Dec 22
Russia’s war will cause a recession next year but inflation will help fill government coffers.
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30 Nov 22
Weakened demand from key trading partners and higher interest rates will hinder Latin American economies next year, following stronger-than-expected growth in 2022, S&P Global has said.
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29 Nov 22
Interest rates at the European Central Bank will keep going up, according to its president Christine Lagarde, but a leading economist has questioned whether advanced economies should loosen their...
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28 Nov 22
The Cambodian government should deliver immediate relief to households to help support the nation’s long-term economic recovery and stop more people falling into poverty, the World Bank has said.
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28 Nov 22
A collection of case studies and best practices from around the world is aimed at showing how every public sector professional can play their part in protecting public money from fraud and corruption.
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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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22 Nov 22
Countries that suffer from climate change related natural disasters will be able to benefit from “loss and damage” funding after the COP27 conference agreed to set up a new global support mechanism.
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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18 Nov 22
Security spending and policies aimed at shielding people from inflation will leave Finland’s public finances in a weaker position, according to the International Monetary Fund.
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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18 Nov 22
An overreliance on unsustainable corporation tax receipts could pose problems for Ireland in the future, and the country should look at raising other revenues, the national spending watchdog has said...
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16 Nov 22
Members of the G20 have called on all lenders to assist low and middle-income nations facing a deteriorating debt position.
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15 Nov 22
Protectionism and national self-interest must be avoided if the world economy is to emerge from the ongoing crises as strongly as possible, International Monetary Fund managing director Kristalina...
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15 Nov 22
Governments miss out on at least $89bn of tax every year from the world’s biggest businesses, according to researchers who have criticised the OECD’s “concession to corporate tax abuse”.
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14 Nov 22
Stated priorities such as gender equality and economic development are not fully incorporated into the European Union’s budget, potentially slowing the bloc’s progress, the European spending watchdog...
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11 Nov 22
The Chad government has agreed a debt restructure with its lenders which the nation hopes will pave the way for finance from the International Monetary Fund.
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10 Nov 22
The Bangladeshi government has reached a provisional agreement on a $4.5bn loan package with the International Monetary Fund aimed at combating the cost-of-living crisis and increasing resilience...
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10 Nov 22
New European Union fiscal rules should get rid of the current system’s complexity and allow governments more “ownership” of their spending plans, Brussels has said, also promising stronger...
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9 Nov 22
A tax on Germany’s highest earners could help to reduce the national deficit after public spending soared to support households during the cost-of-living crisis, an independent council has said.
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9 Nov 22
Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
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8 Nov 22
Central bank reserves in Egypt fell by a fifth in just nine months, leading to ratings agency Fitch warning it could downgrade its judgement of the country.
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8 Nov 22
Developing countries will need $340bn a year by 2030 in order to prepare for the damaging effects of climate change, according to the United Nations, but they currently receive a tiny fraction of...
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7 Nov 22
An investigation into the fraudulent use of universal healthcare funding has been launched by the Australian government following “nine years of cuts and neglect”.