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21 Mar 22
The African Development Bank secured a “simply incredible” near-$33bn of investments for projects on the continent during a three-day investment forum.
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15 Mar 22
Palestinian authorities must adopt spending reforms to help solve a fiscal outlook which has been weakened further by Covid-19, according to the International Monetary Fund.
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11 Mar 22
Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
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4 Mar 22
Government officials in South Africa were paid millions of pounds in brides to award more than £100m of contracts to an outsourcing company, according to a corruption inquiry.
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1 Mar 22
Chad is receiving support from the United Nations to help train officers and install new debt management software, in a bid to improve public finances.
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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21 Feb 22
G20 finance ministers and central bank governors have failed to reach an agreement on making changes to their debt restructuring framework that had been proposed by the International Monetary Fund...
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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15 Feb 22
While it might be tempting to think adopting international accounting standards might lead to growth, the experience of some African countries suggests that might be optimistic, argues senior...
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15 Feb 22
South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
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14 Feb 22
Lebanon’s crisis is so deeply rooted the country needs “a comprehensive social, economic and financial reform programme” to return to stability, the International Monetary Fund has warned.
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11 Feb 22
The International Monetary Fund wants G20 finance leaders to strengthen their debt restructuring framework to better help crisis-hit countries out of default.
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8 Feb 22
Rising Covid-19 cases in Gaza and the West Bank have led the World Bank to send an additional grant to the Palestinian Authority, warning the record new infection numbers are still underestimated.
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3 Feb 22
A rail subsidiary of the South African government paid out billions in contracts to companies linked to a family with close ties to former president Jacob Zuma, according to a corruption inquiry.
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27 Jan 22
South African officials failed to follow procurement rules when buying personal protective equipment at the beginning of the Covid-19 pandemic, representing a “complete breakdown” of the system,...
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27 Jan 22
Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
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25 Jan 22
Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
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19 Jan 22
Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
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17 Jan 22
Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
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13 Jan 22
The Rwandan economy recovered strongly in 2021, after Covid-19 saw the nation drop into its first recession in more than two decades, according to the International Monetary Fund.
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6 Jan 22
Former South African president Jacob Zuma was under “considerable influence” from private bodies during his tenure, leading to rampant corruption, according to the preliminary findings of a landmark...
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20 Dec 21
Poor public finance management systems hinder growth in African countries and risk causing governments electoral troubles – or even violent unrest – in the near future, an academic has warned.
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13 Dec 21
High oil prices will next year allow Saudi Arabia to post its first budget surplus since 2013, according to the government.
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9 Dec 21
Malawi’s former finance minister and ex-central bank governor have been arrested amid allegations of providing incorrect financial information to the International Monetary Fund.
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
21 Mar 22The African Development Bank secured a “simply incredible” near-$33bn of investments for projects on the continent during a three-day investment forum.
15 Mar 22Palestinian authorities must adopt spending reforms to help solve a fiscal outlook which has been weakened further by Covid-19, according to the International Monetary Fund.
11 Mar 22Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
4 Mar 22Government officials in South Africa were paid millions of pounds in brides to award more than £100m of contracts to an outsourcing company, according to a corruption inquiry.
1 Mar 22Chad is receiving support from the United Nations to help train officers and install new debt management software, in a bid to improve public finances.
25 Feb 22South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
21 Feb 22G20 finance ministers and central bank governors have failed to reach an agreement on making changes to their debt restructuring framework that had been proposed by the International Monetary Fund...
15 Feb 22Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
15 Feb 22South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
14 Feb 22Lebanon’s crisis is so deeply rooted the country needs “a comprehensive social, economic and financial reform programme” to return to stability, the International Monetary Fund has warned.
27 Jan 22South African officials failed to follow procurement rules when buying personal protective equipment at the beginning of the Covid-19 pandemic, representing a “complete breakdown” of the system,...
27 Jan 22Sudan is looking to gold exports and higher taxes to pay for importing essential goods in this year’s budget, after international donors cut their help for the north African country following a...
25 Jan 22Lebanon’s elite have caused “long-lasting scars” on the country’s economy by causing a protracted political and economic crisis, according to a highly critical World Bank report.
19 Jan 22Lower global liquidity and reduced financing needs for some governments are likely to mean worldwide sukuk issuance will “be flat at best” this year compared to 2021, research has suggested.
13 Jan 22The Rwandan economy recovered strongly in 2021, after Covid-19 saw the nation drop into its first recession in more than two decades, according to the International Monetary Fund.
6 Jan 22Former South African president Jacob Zuma was under “considerable influence” from private bodies during his tenure, leading to rampant corruption, according to the preliminary findings of a landmark...
13 Dec 21High oil prices will next year allow Saudi Arabia to post its first budget surplus since 2013, according to the government.
9 Dec 21Malawi’s former finance minister and ex-central bank governor have been arrested amid allegations of providing incorrect financial information to the International Monetary Fund.
