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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...
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1 Apr 21
Sudan has moved a step closer to accessing debt relief and finance from international institutions after handing over $335m to the USA to compensate terrorist attack victims.
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31 Mar 21
The world’s 69 poorest countries will need to spend $450bn by 2025 to respond to Covid-19 and accelerate their income convergence with advanced economies, the IMF has said.
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30 Mar 21
Pakistan’s finance minister has been removed as part of prime minister Imran Khan’s drive to reduce inflation, according to the information minister.
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26 Mar 21
Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
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24 Mar 21
Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
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23 Mar 21
President Recep Tayyip Erdogan has unexpectedly fired the governor of Turkey’s central bank just three months into his term.
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22 Mar 21
Pakistan’s new micropayments system is set to speed up pay and pension payments for 2.7 million government employees, says Muhammed Afnan Alam.
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19 Mar 21
Lebanon’s only option for halting the country’s financial collapse is re-engaging with the International Monetary Fund, according to prime ministerial candidate Saad al-Hariri.
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15 Mar 21
Africa needs large-scale debt relief in order to meet the challenges of Covid-19 as millions of people face being pushed into extreme poverty, the African Development Bank has warned.
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8 Mar 21
Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
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4 Mar 21
Political influence over national development banks harms their financial performance and encourages them to take too many risks, researchers have found.
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2 Mar 21
The international community has pledged less than half of what the United Nations said it needs to address the humanitarian crisis in Yemen, according to the organisation’s secretary-general António...
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25 Feb 21
Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
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16 Feb 21
Companies seeking government contracts in Saudi Arabia will need to set up regional headquarters in the country by 2024, an official has said.
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16 Feb 21
Kenya is set to receive $2.4bn from the International Monetary Fund to enable its government to continue its economic response to the pandemic.
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...
1 Apr 21Sudan has moved a step closer to accessing debt relief and finance from international institutions after handing over $335m to the USA to compensate terrorist attack victims.
31 Mar 21The world’s 69 poorest countries will need to spend $450bn by 2025 to respond to Covid-19 and accelerate their income convergence with advanced economies, the IMF has said.
30 Mar 21Pakistan’s finance minister has been removed as part of prime minister Imran Khan’s drive to reduce inflation, according to the information minister.
26 Mar 21Borrowing by local and regional governments around the world is set to balloon by a third to $2.25trn this year – but credit ratings in developed countries are set to be unaffected, according to a...
24 Mar 21Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
23 Mar 21President Recep Tayyip Erdogan has unexpectedly fired the governor of Turkey’s central bank just three months into his term.
22 Mar 21Pakistan’s new micropayments system is set to speed up pay and pension payments for 2.7 million government employees, says Muhammed Afnan Alam.
19 Mar 21Lebanon’s only option for halting the country’s financial collapse is re-engaging with the International Monetary Fund, according to prime ministerial candidate Saad al-Hariri.
15 Mar 21Africa needs large-scale debt relief in order to meet the challenges of Covid-19 as millions of people face being pushed into extreme poverty, the African Development Bank has warned.
8 Mar 21Kenya’s credit rating has been downgraded by ratings agency Standard & Poor's, despite the country having recently agreed a deal with the International Monetary Fund aimed at reducing its debt...
4 Mar 21Political influence over national development banks harms their financial performance and encourages them to take too many risks, researchers have found.
2 Mar 21The international community has pledged less than half of what the United Nations said it needs to address the humanitarian crisis in Yemen, according to the organisation’s secretary-general António...
16 Feb 21Companies seeking government contracts in Saudi Arabia will need to set up regional headquarters in the country by 2024, an official has said.
