Although many observers have suggested that fiscal discipline can be restored via fiscal rules such as a legal cap on the budget deficit, forecasting bias can defeat such rules. The members of the ...

Recurrent concerns over debt sustainability in emerging and developed nations have prompted renewed debate on the role of fiscal rules. Their optimality, however, remains unclear. We provide a ...

A government source told Reuters on Tuesday that Colombia's government has officially approved the use of an "escape clause" ...

Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a ...

Colombian Finance Minister German Avila said on Friday that "paralyzing" the economy to comply with the country's fiscal rule ...

Colombia’s bonds and currency sold off on Friday amid investor fears that the government may suspend the fiscal anchor that ...

Colombia’s sovereign dollar bonds dropped across the curve on Thursday after local media reported that the government might suspend the fiscal rule that limited budget spending and helped steady the ...

Georgia’s Public Service Commission gets a rare turn at the top of the ballot in 2025. It is a chance to focus public attention on a regulatory body that sets ...

Amid financial challenges, Colombia's government is considering temporarily suspending its fiscal rule, initially established ...

Colombia's government is considering suspending its fiscal rule to address financial deterioration. The decision, which might ...

The defence secretary has failed to rule out tax rises to pay for Britain ... It comes after Paul Johnson, of the Institute for Fiscal Studies (IFS), warned that the prime minister will need ...

It warned that sluggish economic performance could jeopardise the government’s ability to meet its self-imposed fiscal rules. “Currently very thin fiscal buffers could be insufficient to provide ...