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12 Dec 17
The International Monetary Fund has approved a $136.5m payment to Cote d’Ivoire following a review.
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28 Nov 17
Portugal’s parliament has approved the 2018 budget that seeks to trim the deficit, six weeks after it was first presented to lawmakers.
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17 Nov 17
Russia has agreed to a $3.15bn restructuring deal of Venezuela’s debt over a 10-year period, Russia’s Finance Ministry said on Wednesday.
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14 Nov 17
International local governments cope with economic shock in different ways, explains Ileana Steccolini, but to improve financial resilience they must learn lessons from one another.
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4 Oct 17
Côte d’Ivoire’s fiscal deficit is expected to decrease to 3.75% of GDP next year as its economic performance remains strong, despite the falling cacao prices, according to the IMF.
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29 Sep 17
Saudi Arabia has raised $12.5bn from its third international bond sale this year to bridge a budget shortfall and weak oil prices.
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29 Sep 17
The Egyptian government’s attempt to restore economic stability and higher long-term growth is off to a “good start”, the International Monetary Fund has said.
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27 Sep 17
Australia’s final budget deficit of the last financial year dropped below 2% of GDP to A$33.2bn, down more than A$4bn from the forecast in the 2017-18 budget.
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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.
12 Dec 17The International Monetary Fund has approved a $136.5m payment to Cote d’Ivoire following a review.
28 Nov 17Portugal’s parliament has approved the 2018 budget that seeks to trim the deficit, six weeks after it was first presented to lawmakers.
17 Nov 17Russia has agreed to a $3.15bn restructuring deal of Venezuela’s debt over a 10-year period, Russia’s Finance Ministry said on Wednesday.
14 Nov 17International local governments cope with economic shock in different ways, explains Ileana Steccolini, but to improve financial resilience they must learn lessons from one another.
4 Oct 17Côte d’Ivoire’s fiscal deficit is expected to decrease to 3.75% of GDP next year as its economic performance remains strong, despite the falling cacao prices, according to the IMF.
29 Sep 17Saudi Arabia has raised $12.5bn from its third international bond sale this year to bridge a budget shortfall and weak oil prices.
29 Sep 17The Egyptian government’s attempt to restore economic stability and higher long-term growth is off to a “good start”, the International Monetary Fund has said.
27 Sep 17Australia’s final budget deficit of the last financial year dropped below 2% of GDP to A$33.2bn, down more than A$4bn from the forecast in the 2017-18 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.
