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31 Oct 17
Public financial management had to start effectively from scratch following years of conflict in Afghanistan. The country, which still relies heavily on foreign aid, had to stamp out waste and...
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30 Oct 17
The Asian Development Bank has announced a $100m loan in support of the Philippine government’s infrastructure project.
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25 Oct 17
The Asian Development Bank has announced today it will give Armenia a $40m loan to improve its fiscal sustainability and development of financial markets.
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25 Oct 17
Saudi Arabia has announced a $500bn plan for a new business and industrial city stretching across its borders into Jordan and Egypt.
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20 Oct 17
Mongolia will receive $1.6m from the Asian Development Bank to support its health and education sectors.
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17 Oct 17
Financing to mitigate the effects of climate change in the Pacific will more than double to over $500m between 2017 and 2020, the Asian Development Bank has said.
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16 Oct 17
The UK will help “lift countries out of poverty”, create millions of jobs and end aid dependency through the growth of its CDC arm, the international development secretary told the World...
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16 Oct 17
Governments should invest more in human beings and the social services that support them as means of growing their economies, the World Bank president has urged.
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13 Oct 17
The government of Vanuatu and the Asian Development Bank have struck a $15.1m agreement for renewable energy.
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12 Oct 17
Tax and revenue collection has continued to improve across African countries, according to latest data.
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11 Oct 17
Saudi Arabia’s authorities have made progress in implementing its Vision 2030 project, with fiscal consolidation efforts “beginning to bear fruit”, the IMF has said.
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6 Oct 17
Developing countries need to adapt national and international policies to cope with the rising wages in their nations, OECD members have said.
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4 Oct 17
Côte d’Ivoire’s fiscal deficit is expected to decrease to 3.75% of GDP next year as its economic performance remains strong, despite the falling cacao prices, according to the IMF.
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4 Oct 17
Advanced economies are not doing enough to close gender gaps, despite increased focus on getting more women into public and private sector leadership, the OECD has said.
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4 Oct 17
Albania needs to collect more taxes and strengthen its public investment management, despite the economy’s continued recovery, the IMF has said.
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3 Oct 17
Since responsibility for spending aid was taken from DfID and divided between numerous departments and funds, there is uncertainty over monitoring and even if it is being spent at all. Russell...
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2 Oct 17
The Asian Development Bank plans to up its annual lending to India to $4bn in an effort to accelerate the country’s economic transformation towards upper middle-income status.
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2 Oct 17
The Asian Development Bank has approved financing of up to $900m to upgrade Sri Lanka’s road network, as well as a $50m loan to fund solar power generation systems.
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28 Sep 17
Mongolia’s recovering economy grew by 5.3% in the first half of this year, compared to a 1.2% growth rate recorded in 2016, the Asian Development Bank said this week.
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22 Sep 17
The Swiss National Bank and the National Bank of Belgium have both agreed to lend millions of dollars to support low-income countries, in partnership with the International Monetary Fund.
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22 Sep 17
The Asian Development Bank has approved two loans, totalling $1.1bn, to strengthen Indonesia’s energy sector and promote growth and development.
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20 Sep 17
The Bangladesh government and the Asian Development Bank signed a $200m loan agreement yesterday, to strengthen urban infrastructure, service delivery, and management in Bangladesh’s...
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18 Sep 17
India has started building its new bullet train line, largely funded by a 0.1% interest loan from Japan.
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15 Sep 17
The United Nations has called for governments around the world to end austerity to rebalance global economy and “put people before profits”.
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14 Sep 17
Africa is receiving a declining share of the global official development assistance, advocacy and campaign organisation ONE says.