Well, well, well, who'd have thought it: the #IMF (while suggesting the UK will avoid #recession but only 'enjoy' minimal growth in 2023), also recommends any improvement in the #publicfinances should be used to pay down #nationaldebt.

And guess what, #JeremyHunt 'approved' the wording of the report that no doubt he will now use as yet another aspect of his resistance to funding pay settlements for #nurses or #teachers, while also keeping the rest of the #publicsector under the cosh!

Every. D*mn. Time.

#Italy #BudgetDeficit #PublicFinances https://press.coop/@markets/109948131029098211

"Sovereign #DebtCrises are not necessarily the product of misfortunes or mismanagement of public finances – they are a systemic feature of the current international monetary system"

"...As long as the international monetary system is built upon a global currency hierarchy, such crises will not disappear."

#IMF #Debt #PublicFinances #Economy #DollarHegemony

https://www.brettonwoodsproject.org/2022/10/monetary-power-and-sovereign-debt-crises-the-renewed-case-for-a-sovereign-debt-restructuring-mechanism/

💶 With #COVID19 and #UkraineRussiaWar exerting pressure on #publicfinances, the fiscal framework will have to be revised.

❓ What's needed to make sound public finances the basis of #growth and the wellbeing of citizens?

❗️ Find out here: https://europa.eu/!cQ7mnP

#SGP

🐦🔗: https://nitter.eu/employers_EESC/status/1578359735597690880

"Do you want to promote #FreeSoftware in public administrations? Then the campaign framework of "Public Money? Public Code!" might be the right choice for you; no matter if you want to do it as an individual or as a group; no matter if you have a small or large time budget."

Public Money? Public Code! A campaign framework to promote #software freedom
https://www.youtube.com/watch?v=I2I-iaVbCzI

#government #publicadministration #publicfinances #tax #opensource