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25 Aug 17
The recent increase in Pakistan’s current account deficit was largely driven by a sharp increase in imports of machinery for power generation, textile construction and import of petroleum products,...
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22 Aug 17
Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
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13 Jun 17
The International Monetary Fund has released $314.4m to Tunisia, rewarding the government’s efforts towards economic stability.
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12 Jun 17
French president Emmanuel Macron's party looks set to secure a landslide victory in the country’s parliamentary elections, based on results from the first round of voting.
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6 Jun 17
Iraq is to pass a supplementary budget in order to secure an $800m loan tranche from the International Monetary Fund.
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5 Jun 17
The World Bank has sounded the alarm over large deficits and rising debt in emerging and developing markets in its latest report on global economic prospects.
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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.
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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.
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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.
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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.
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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.
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16 May 17
The International Monetary Fund has urged Zimbabwe to rein in its spending to bring its ballooning deficit back down to a sustainable level.
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12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
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11 May 17
New French president Emmanuel Macron should meet his pledge to bring the country’s deficit back in line with European Union spending rules this year, according to the European Commission.
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10 May 17
Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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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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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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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
25 Aug 17The recent increase in Pakistan’s current account deficit was largely driven by a sharp increase in imports of machinery for power generation, textile construction and import of petroleum products,...
22 Aug 17Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
13 Jun 17The International Monetary Fund has released $314.4m to Tunisia, rewarding the government’s efforts towards economic stability.
12 Jun 17French president Emmanuel Macron's party looks set to secure a landslide victory in the country’s parliamentary elections, based on results from the first round of voting.
6 Jun 17Iraq is to pass a supplementary budget in order to secure an $800m loan tranche from the International Monetary Fund.
5 Jun 17The World Bank has sounded the alarm over large deficits and rising debt in emerging and developing markets in its latest report on global economic prospects.
31 May 17Pakistan’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.
25 May 17The 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.
19 May 17The 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.
18 May 17Saudi 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 17Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
16 May 17The International Monetary Fund has urged Zimbabwe to rein in its spending to bring its ballooning deficit back down to a sustainable level.
12 May 17Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
11 May 17New French president Emmanuel Macron should meet his pledge to bring the country’s deficit back in line with European Union spending rules this year, according to the European Commission.
10 May 17Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
27 Apr 17The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
25 Apr 17The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
21 Apr 17US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
13 Apr 17Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
12 Apr 17Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
11 Apr 17More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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.
23 Feb 17South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
