Worldwide: Fiscal & Monetary Policy

International credit ratings agency Moody’s maintained a stable ‘Aa3’ credit rating for the Isle of Man, the same rating as the UK, supported by its high wealth levels, strong institutions, prudent fiscal policies, very low direct debt and substantial reserves.

The rapid emergence of stablecoins and central bank digital currencies is fundamentally reshaping the global monetary landscape, challenging traditional banking systems and raising critical questions about financial sovereignty, monetary policy transmission, and the future balance between public trust and private innovation.

Hayatımıza hızla giren yeni ödeme araçları, paranın doğası, kaynakları ve tasarımı hakkında sorular sormamıza neden oluyor. DLT teknolojisinin sunduğu avantajlarla stablecoinler ve CBDC'ler mevcut para ve ödeme sistemini büyük ölçüde değiştirme potansiyeli gösteriyor. Finansal sistemin dijitalleşmesi jeopolitik dinamiklerle birleştiğinde ulusal finansal egemenlik üzerin

On 20 February 2026, the US Supreme Court ruled that a wide range of tariffs imposed by President Trump in 2025 were unlawful.

Deputy Governor Vasileios Madouros highlighted that there may be specific challenges in accessing cash at a more local level and in that regard, members of the public can make a submission to the Central Bank if they are of the view that there is a local deficiency regarding access to cash.

Bonds are often used by governments to fund infrastructure projects or war spending.

We would like to inform you about the key updates stemming from the recently approved state budget in Bulgaria, which will come into effect on 1 April 2025.

Recent amendments to Turkish currency protection regulations have eliminated previous restrictions on foreign currency payments in movable property sales contracts between Turkish residents. The changes restore the regulatory framework to its pre-2022 state, allowing parties to freely denominate contract prices and payment obligations in foreign currency or index them to foreign exchange rates.

The economic outlook for the UK in 2025 presents a mixed picture, with expectations of modest growth tempered by persistent inflationary pressures.