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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.
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3 Dec 21
Turkey’s finance minister has left his job in the midst of a sharply declining lira and steadfastly high inflation, and will be replaced by his deputy who one week ago defended the country’s...
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2 Dec 21
Some countries’ post-COP26 plans to end financing for natural gas exploration would only serve to increase the “injustice” felt by Africa, the president of Senegal has told a summit.
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24 Nov 21
The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
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16 Nov 21
The Lebanese government has not responded with enough urgency to tackle the economic crisis which has engulfed the nation, according to a United Nations envoy.
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12 Nov 21
South Africa’s finance minister has signalled that he will not boost welfare spending in next year’s budget despite recognising the part inequality played in devastating riots several months ago.
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10 Nov 21
The Ivorian government has pledged increased investment in schools, hospitals, and jobs in the northern territory of the nation, to give alternatives to extremism.
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8 Nov 21
Eliminating tax avoidance in sub-Saharan Africa’s mining sector would leave the region better able to support its population, particularly into the economic recovery from Covid-19, a top...
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8 Nov 21
A United Nations short-term lending facility aimed at reducing Africa’s borrowing costs could save governments billions of dollars in interest payments, according to officials.
15 Feb 22While 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...
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.
11 Feb 22The International Monetary Fund wants G20 finance leaders to strengthen their debt restructuring framework to better help crisis-hit countries out of default.
8 Feb 22Rising 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.
3 Feb 22A 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.
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.
17 Jan 22Turkey’s budget deficit reached a record high in December after a challenging month for the country’s currency was accompanied by rising prices.
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.
2 Dec 21Some countries’ post-COP26 plans to end financing for natural gas exploration would only serve to increase the “injustice” felt by Africa, the president of Senegal has told a summit.
24 Nov 21The Ghanaian government faces criticism for having not taken advantage of a scheme that could have paused its debt repayments amid Covid-19.
10 Nov 21The Ivorian government has pledged increased investment in schools, hospitals, and jobs in the northern territory of the nation, to give alternatives to extremism.
8 Nov 21Eliminating tax avoidance in sub-Saharan Africa’s mining sector would leave the region better able to support its population, particularly into the economic recovery from Covid-19, a top...
