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29 Sep 17
Saudi Arabia has raised $12.5bn from its third international bond sale this year to bridge a budget shortfall and weak oil prices.
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29 Sep 17
South Africa’s finance minister has said he won’t “dip into pensions” to bail out struggling state-owned companies, despite reports suggesting the treasury is seeking $7.50bn...
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29 Sep 17
The Egyptian government’s attempt to restore economic stability and higher long-term growth is off to a “good start”, the International Monetary Fund has said.
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27 Sep 17
Problems at a mine have highlighted issues with the European Investment Bank’s accountability – and this is set to be weakened further
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26 Sep 17
In political turmoil and with an impoverished economy, Zimbabwe has struggled to feed its own people since 2000 and faced heavy sanctions from the EU and US. CIPFA fellow David Watkins led an...
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19 Sep 17
Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
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18 Sep 17
Millions of US dollars of aid money for the education of Syrian refugee children did not reach them, arrived late, or could not be traced, Human Rights Watch has said.
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14 Sep 17
Africa is receiving a declining share of the global official development assistance, advocacy and campaign organisation ONE says.
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13 Sep 17
The International Committee of the Red Cross has set up the world’s first humanitarian impact bond, worth more than 26m Swiss francs (£20m), for rehabilitation centres in Africa.
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11 Sep 17
The United Nations and its humanitarian partners have appealed for an extra $106m in aid to help drought victims in Kenya.
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6 Sep 17
Tanzanian president John Magufuli has ordered an anti-corruption watchdog to investigate suspected cases of corruption and fraud in the country.
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5 Sep 17
European Union auditors have praised the first trust fund set up by the EU to assist a developing country.
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1 Sep 17
Large scale theft of public money was among factors that stymied an International Monetary Fund programme to promote growth in Malawi.
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31 Aug 17
Ghana is to receive $94.2m from the International Monetary Fund for a programme that aims to restore debt sustainability and macroeconomic stability and foster a return to high growth and job...
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31 Aug 17
Inadequate water supply and sanitation is costing the Middle East and North Africa region around $21bn a year in economic losses, the World Bank has said.
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31 Aug 17
The United Arab Emirates has opted for what it has said will be one of the world’s lowest value added tax rate when it imposes the tax in January.
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24 Aug 17
Zambia and South Africa intend to collaborate in tax administration, treasury management, revenue collection, trade and revenue leakage prevention.
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24 Aug 17
The World Bank has denied reports that it was financing a €1bn project to electrify a railway in Iran.
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23 Aug 17
The African Development Bank Group has banned China’s Chongqing International Construction Corporation (CICO) from bidding for contracts for at least a year after a corruption probe.
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22 Aug 17
Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
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21 Aug 17
Africa cannot “develop in the dark”, African Development Bank president Akinwumi Adesina has said, explaining the bank’s emphasis on investment in electricity.
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18 Aug 17
More emergency aid from the UK will be sent to Sierra Leone, international development secretary Priti Patel announced today.
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16 Aug 17
The United Nations has released $150,000 in emergency aid relief to Sierra Leone after fatal mudslides in the country, the global organisation announced yesterday.
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15 Aug 17
American senators have urged the US Treasury to use the tools available to it to crack down on corruption in South Sudan, which they say is enabling violence and civil unrest.
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15 Aug 17
The international community must act now to stop the spread of cholera in war-torn Yemen, the UK’s international development secretary has said.