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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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15 Jun 21
Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
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14 Jun 21
Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
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11 Jun 21
A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
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7 Jun 21
Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
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4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
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1 Jun 21
The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
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28 May 21
African countries have been urged to step up cooperation on tax to raise money needed to support their economies through the economic crisis caused by Covid-19.
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25 May 21
Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
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20 May 21
Covid-19 threatens decades of progress by African countries on towards becoming advanced economies, and world finance leaders have been warned the continent needs huge investment in the coming years.
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18 May 21
Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
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17 May 21
Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
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17 May 21
Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
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11 May 21
Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
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11 May 21
Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
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7 May 21
Turkey’s central bank has kept its benchmark rate constant at 19% for a second time since the country’s president sacked the governor who raised the rate to that level.
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7 May 21
Qatar’s finance minister has been arrested amid allegations of misuse of public funds.
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4 May 21
Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
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21 Apr 21
The Democratic Republic of Congo is seeking more than $4bn in damages from Uganda, whose military spent five years in conflict in the neighbouring country.
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21 Apr 21
Politicians in Nigeria’s major financial centre have set up an anti-corruption agency to investigate officials and contractors suspected of misusing public funds.
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15 Apr 21
The first meeting of Turkey’s monetary policy committee since president Recip Tayyip Erdogan sacked his previous central bank governor has frozen the country’s benchmark interest rate.
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14 Apr 21
A petition by 200,000 Kenyans is calling on the International Monetary Fund to stop lending their government money, forcing a minister to defend a $2.34bn funding deal signed on 3 April
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12 Apr 21
The International Monetary Fund has revised up the growth forecast for the Middle East and North Africa region in 2021 by 0.8 percentage points.
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12 Apr 21
Undeserving private sector lenders could benefit from International Monetary Fund action aimed at helping poorer countries recover from Covid-19, a former deputy director of the fund has warned.
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1 Apr 21
Private creditors are making big profits from lending to developing countries during Covid-19. With poorer governments left with less to spend on tackling the pandemic, the need for debt cancellation...
15 Jun 21Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
15 Jun 21Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
14 Jun 21Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
11 Jun 21A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
7 Jun 21Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
4 Jun 21Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
1 Jun 21The Lebanese government’s deliberate inaction on imposing reforms has led to one of the greatest financial crises in the last two centuries, according to the World Bank Group.
25 May 21Restructuring Lebanon’s public debt could set off an economic “doom loop” with serious consequences for the Lebanese banks that hold the assets, a ratings agency has warned.
20 May 21Covid-19 threatens decades of progress by African countries on towards becoming advanced economies, and world finance leaders have been warned the continent needs huge investment in the coming years.
18 May 21Slow progress on a debt treatment deal has led to Ethiopia’s credit rating being downgraded as private sector lenders look increasingly likely to lose money.
17 May 21Ghana will need to focus on deeper fiscal efforts to help reduce debt costs, which increased due to Covid-19 support measures, an International Monetary Fund chief said.
17 May 21Increasing violence in Israel risks harming the country’s outlook and tensions could make it difficult for authorities to form a government and pass a budget, ratings agencies have warned.
11 May 21Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
11 May 21Egypt’s draft budget for 2021-22 will continue to drive financial and economic reforms, which are “critical” to reducing its high debt burden over the medium term, according to rating’s agency Fitch...
7 May 21Turkey’s central bank has kept its benchmark rate constant at 19% for a second time since the country’s president sacked the governor who raised the rate to that level.
7 May 21Qatar’s finance minister has been arrested amid allegations of misuse of public funds.
4 May 21Tanzania’s president has cut income tax to help workers deal with the economic effects of Covid-19 but refused to increase public sector pay, which has remained static for nearly six years.
21 Apr 21The Democratic Republic of Congo is seeking more than $4bn in damages from Uganda, whose military spent five years in conflict in the neighbouring country.
21 Apr 21Politicians in Nigeria’s major financial centre have set up an anti-corruption agency to investigate officials and contractors suspected of misusing public funds.
14 Apr 21A petition by 200,000 Kenyans is calling on the International Monetary Fund to stop lending their government money, forcing a minister to defend a $2.34bn funding deal signed on 3 April
12 Apr 21The International Monetary Fund has revised up the growth forecast for the Middle East and North Africa region in 2021 by 0.8 percentage points.
12 Apr 21Undeserving private sector lenders could benefit from International Monetary Fund action aimed at helping poorer countries recover from Covid-19, a former deputy director of the fund has warned.
1 Apr 21Private creditors are making big profits from lending to developing countries during Covid-19. With poorer governments left with less to spend on tackling the pandemic, the need for debt cancellation...
