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16 Nov 17
Zimbabwe needs businesses to operate freely and fairly to help the “mismanaged” economy recover, a research fellow at an independent think-tank has told Public Finance International.
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14 Nov 17
The African Development Bank has approved a €71.56m loan to strengthen Tunisia’s public services through digitalisation.
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14 Nov 17
The International Monetary Fund has announced the payment of a $2bn loan to Egypt following its economic reforms.
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13 Nov 17
The UK is set to agree a $2bn loan guarantee for the world’s leading oil producer in the battle to secure one of the largest-ever initial public offerings.
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13 Nov 17
The South African government should increase spending on higher education to at least 1% of gross domestic product, a presidential commission report released on Monday said.
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13 Nov 17
The International Monetary Fund has predicted Rwanda’s economic growth will hit 5.2% this year, well above average for the sub-Saharan Africa region.
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7 Nov 17
Saudi Arabia’s crown prince is leading a crack-down on corruption, which has led to the arrest of dozens of royal figures, ministers and businessmen.
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7 Nov 17
Uganda’s overall fiscal deficit has widened and the government is increasingly in financial need because of difficulties in getting its budget passed, the International Monetary Fund has said....
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6 Nov 17
IMF is “too gloomy” in its economic outlook for sub-Saharan Africa, an economist at the Overseas Development Institute has said.
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2 Nov 17
The African Development Bank has approved €48m from the African Development Fund for reconstruction of the border road from Guinea to Sierra Leone.
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31 Oct 17
Oil-dependent countries should diversify their economies and capitalise on global growth to ensure stronger public finances, the International Monetary Fund has said today.
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30 Oct 17
Equatorial Guinea’s vice-president was convicted in the High Court of Paris last week of plundering public money to lead a lavish lifestyle in the European city.
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26 Oct 17
South Africa’s growth outlook for this year has been slashed from 1.3% to 0.7% , the country’s finance minister has announced.
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26 Oct 17
Thailand’s military government set aside 3bn baht ($90m/£70m) for the funeral of the late king, which took place this week
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25 Oct 17
Saudi Arabia has announced a $500bn plan for a new business and industrial city stretching across its borders into Jordan and Egypt.
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24 Oct 17
Ghana’s public authorities will replace their financial management systems to tackle issues of transparency and ensuring good governance, the finance minister has said.
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23 Oct 17
The European Commission has announced a €106m humanitarian aid package for Sudan as civil unrest continues in the country.
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19 Oct 17
Technology is the “way forward” in the fight against corruption in Africa, the president of Mauritius has said.
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19 Oct 17
South Africa’s currency weakened shortly after the president announced on Tuesday another surprise cabinet reshuffle.
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18 Oct 17
Stronger public financial management is key if the Guinea government is to better support its investments, the IMF has said.
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12 Oct 17
Tax and revenue collection has continued to improve across African countries, according to latest data.
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11 Oct 17
Saudi Arabia’s authorities have made progress in implementing its Vision 2030 project, with fiscal consolidation efforts “beginning to bear fruit”, the IMF has said.
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4 Oct 17
Côte d’Ivoire’s fiscal deficit is expected to decrease to 3.75% of GDP next year as its economic performance remains strong, despite the falling cacao prices, according to the IMF.
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2 Oct 17
The World Health Organisation is appealing for $1.5m as it increases its response to an outbreak of plague in Madagascar.
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2 Oct 17
The United Arab Emirates’ new excise tax came into effect yesterday, with tobacco and energy drinks taxed at 100% and soft drinks at 50%.