Tag Archives: Fiscal policy

18Apr/23

Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer

Philippe Burger, University of the Free State

Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face.

Continue reading

24Sep/22

Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans

Phil Tomlinson, University of Bath; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Donald Hirsch, Loughborough University; Jean-Philippe Serbera, Sheffield Hallam University; Jim Watson, UCL; Jonquil Lowe, The Open University, and Steven McCabe, Birmingham City University

UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement.

Continue reading

01Sep/22

IMF Executive Board Approves New Extended Credit Facility (ECF) Arrangement for Zambia

August 31, 2022

 




The IMF Board approves SDR 978.2 million (about US$1.3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. Continue reading