Consumers are feeling pain at the pump and demanding solutions. Some politicians are pushing gasoline tax waivers – but that means less money to fix roads, and often not much economic relief.
To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Ngozi Okonjo-Iweala’s appointment as the first woman and the first African director general of the World Trade Organisation is a win for women globally.
We find low taxes on the rich bring economies little benefit. This suggests there is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
The Queensland government pays a higher interest rate than Queensland mortgage holders. Plans for both urban and rural rejuvenation need to start with fixing government finances.
Africa is facing an annual financing gap for water infrastructure of around $45bn to meet the needs of its citizens. Where is the money going to come from?
South Africa’s Parliamentary Budget Office had 10 months to prepare its findings about the cost of a nuclear programme. Its final report was little more than a summary of other institutions’ work.
Philip Murphy, School of Advanced Study, University of London
Royal finances have come under close scrutiny in recent days after the Public Accounts Committee told the royal household it must earn more and spend less – a bit like the rest of the country in an era…