Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for U.S.…
In the midst of the on-going disruption in the normal functioning of economic transactions following the revenue raising measures introduced in the 2019/20 budget and the continuing confusion and uncertainty…
The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may be hard to implement as governments…
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
Efforts to clean up Turkey's bad debt have stalled after bankers rejected or put on hold initial plans, according to people familiar with the matter, frustrating the country's attempts to…
One of the most worrying aspects of economic mismanagement is sharply deteriorating public finances. However, the government does not seem to realise the gravity of the situation and continues to…
One of the most worrying aspects of economic mismanagement is sharply deteriorating public finances. However, the government does not seem to realise the gravity of the situation and continues to…
Germany’s budget crisis has given new momentum to reforming self-imposed borrowing limits even among the opposition conservatives, as hunger for sorely needed investment trumps an earlier political obsession with fiscal…
Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the past successive political governments failed to implement it. Increases in…
In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The global recovery from the Covid-19 pandemic and Russia’s invasion of Ukraine remains slow…
