UK Government Appoints Experienced Economist to Budget Responsibility Committee

The UK’s pursuit of economic stability takes a step forward as Finance Minister Jeremy Hunt nominates Tom Josephs for a vital role in the Office for Budget Responsibility (OBR). Josephs’s diverse background, including his current position as Director of Private Pensions at the Department for Work and Pensions, makes him a prime candidate to join the Budget Responsibility Committee (BRC). His experience in domestic and international economic analysis and history at the OBR positions him to provide valuable insights into the country’s fiscal planning. With approval from the Treasury Committee, Josephs’s potential appointment adds a knowledgeable voice to the economic forefront.
Singapore announces 2022 budget proposals

Following are some excerpts taken from Singapore’s 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on Friday.
Analysis: As EU preps debut recovery bond, a reality check for “safe asset” hopes

As the European Union readies bond sales for its pioneering COVID-19 recovery fund, the scale and duration of the borrowing programme may disappoint those who had visualised last year’s deal for pooled debt as Europe’s Hamiltonian moment.
The pandemic’s impact on government budgets calls for renewed commitment to the SDGs

By Hyun H. Son, Véronique Salze-Lozac’h COVID-19 has brought unprecedented economic and development challenges but it also offers opportunities for financing solutions to help achieve the Sustainable Development Goals. As countries continue to battle COVID-19, massive fiscal stimulus packages have helped save lives and protect livelihoods in many economies. However, they have come with a hefty price […]