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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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27 May 16
India has opened a $10bn line of credit for Africa, it was announced at the African Development Bank’s annual meetings in Zambia earlier this week.
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23 May 16
Sustainable urbanisation will be key to Africa’s economic success going forward, the OECD has said.
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20 May 16
Iraq has reached a $5.4bn bailout deal with International Monetary Fund staff to help the country plug a deep hole in its budget carved out by the conflict with ISIS and tumbling oil prices.
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18 May 16
Digital payments to emergency workers saved time and more than $10m in costs during the Ebola epidemic in Sierra Leone, a United Nations-backed initiative has found.
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18 May 16
Workers across Nigeria have launched an indefinite strike today to protest government plans to increase petrol prices by up to 67%, in spite of a court ruling blocking the industrial action.
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17 May 16
With the lifting of international sanctions, there are many potential benefits for Iran’s economy. However, the country’s leaders also face new fiscal challenges in the years ahead
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17 May 16
The deputy head of the International Monetary Fund has warned Iran on the economic consequences of domestic monopolies and conflicts of interest across companies and banks.
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16 May 16
Tanzania has slashed 10,000 “ghost workers” from its public sector payroll, saving government coffers more than $2m a month.
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16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
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13 May 16
Several humanitarian aid operations funded by the US development agency to deliver aid to Syrians have been halted, following reports of corruption, the agency has announced.
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13 May 16
Guinea-Bissau’s president has sacked the country’s prime minister and his entire government in a move that threatens to exacerbate the already tumultuous political climate.
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12 May 16
A public-private partnership in Uganda is seeing students from poorer, rural backgrounds outdo their wealthier peers, research has found, adding to a growing debate about the role of PPPs in...
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12 May 16
Kenya has announced it plans to close the world’s largest refugee camp and send hundreds of thousands of its residents back to war-torn Somalia.
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12 May 16
Nigerian president Muhammadu Buhari has called for the return of billions of dollars which he said has been stolen from Nigeria and routed through the UK.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
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10 May 16
CIPFA is to help strengthen the capacity of public sector accountancy in Zimbabwe, it was announced yesterday.
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6 May 16
American development agency USAID has delivered $37m worth of food aid to the World Food Programme in Sudan.
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6 May 16
World leaders must make sure the World Humanitarian Summit (WHS) is successful and take the bold decisions needed to bring about change in the Middle East, United Nations humanitarian officials have...
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6 May 16
Nigeria’s president Muhammadu Buhari has signed this year’s controversial $30bn budget into law.
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6 May 16
The lingering impact of the Ebola epidemic and the commodity price slump are weighing heavily on the economies of Guinea and Liberia, the International Monetary Fund has said.
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5 May 16
Zimbabwe has announced it will start to print its own version of the US dollar after banks were forced to cut withdrawal limits amid cash shortages.
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5 May 16
An $81m funding shortfall for the United Nations Palestinian refugee agency is playing with the fate of millions in need across the Middle East, secretary general Ban Ki-Moon has warned.
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5 May 16
British MPs have criticised the UK government for its “deeply disappointing” insistence that Saudi Arabia has not breached international humanitarian law (IHL) in the conflict in Yemen.
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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.