-
25 Aug 22
Finland’s municipalities will begin work on “child-oriented budgeting”, which officials hope will promote policies that improve childrens’ lives in the country whose population is ageing faster than...
-
23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
-
4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
-
29 Jul 22
Sri Lanka needs to implement “deep structural reforms” before it can receive any new financial support from the World Bank, which has released a statement in response to the continuing economic...
-
25 Jul 22
The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.
-
15 Jul 22
As the war in Ukraine continues, local authorities throughout Europe face unique challenges as more than 12 million refugees seek sanctuary.
-
6 Jul 22
The World Bank will loan Indonesia $350m to support reforms aimed at improving the health and education of its citizens and thereby boost productivity.
-
5 Jul 22
Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
-
28 Jun 22
The Voting power of an ageing population means governments are making bad long-term economic decisions for short-term electoral gain.
-
21 Jun 22
Annual investment of $25bn for the next decade would allow Africa to meet its energy goals and reverse current backsliding on energy access, the International Energy Agency has said, calling for...
-
10 Jun 22
Social housing providers face a major challenge: how to use private debt to fund new homes while investing in their existing stock.
-
12 May 22
OECD countries are close to meeting just a quarter of measurable targets under the United Nations’ Sustainable Development Goals, with the 2030 deadline looming.
-
12 Apr 22
International aid rose to a record $179bn in 2021 as developed countries increased their efforts to help their developing counterparts deal with the Covid-19 pandemic, OECD figures have shown.
-
4 Apr 22
The UK government reduced its aid spending so quickly that officials do not know the effect the cuts will have on long-term value for money of aid projects, according to spending watchdog the...
-
1 Apr 22
Soaring inflation stemming from Russia’s invasion of Ukraine, could force Asia Pacific to issue more debt to fund increased spending, putting pressures on finances, according to ratings agency S&...
-
1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
-
30 Mar 22
International Monetary Fund staff have agreed a $470m deal with Mozambique – the first programme since the US-based lender suspended the African country six years ago following a corruption scandal.
-
23 Mar 22
The Iranian finance minister has promised to cut spending and reform government institutions in order to foster better financial discipline, in a country whose economy has been beaten by sanctions.
-
22 Mar 22
The European Union is considering setting up a fund to “provide basic services and meet citizens’ immediate needs” in the face of the ongoing invasion by Russian troops, a top official has said.
-
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.
-
14 Mar 22
A multilateral development bank in the 1960s by communist countries has seen its credit rating slashed to junk status, after five European Union nations announced plans to withdraw their...
-
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.
-
10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
-
8 Feb 22
The public sector has an opportunity to finance projects targeting better societal equality and climate risks through social bonds, market analysts have said.
-
24 Jan 22
The European Commission and Canada are set to provide more than £1bn in loans grants to Ukraine, to help ward off the threat of Russian hostility.