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29 Sep 16
The World Bank’s board has unanimously reappointed incumbent president Jim Yong Kim for a second five year term, despite vocal objections from staff and international demand for a non-American...
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29 Sep 16
Pakistan has successfully completed its three-year, $6bn programme with the International Monetary Fund, and is set to receive its final $102m cash injection within the next few days.
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27 Sep 16
Professional accountancy examinations in Malaysia are to be brought in line with global standards, in a move to enhance the quality of chartered accountants in the country.
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27 Sep 16
The UK’s overseas development department has not done enough to ensure developing nations have a strong voice in the international fight against tax avoidance, according to the country’s aid watchdog...
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26 Sep 16
India, the world’s fourth largest emitter of greenhouse gases, will formally ratify the world’s historic climate deal next month, prime minister Narendra Modi has announced.
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26 Sep 16
The European Union will launch its largest-ever humanitarian aid programme, based on providing monthly electronic cash payments to refugees in Turkey, today.
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26 Sep 16
More than a quarter of the UK’s aid money will be spent by ministries other than its Department for International Development by 2020, forecasts have shown.
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26 Sep 16
Sustainable cities are about more than cutting carbon emissions – they involve thinking about how people live, travel and interact with the natural world. Ahead of the UN’s Habitat III summit, PF...
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23 Sep 16
The arm of the World Bank responsible for lending to the world’s poorest countries plans to tap into the capital markets to raise funds after securing a AAA credit rating.
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22 Sep 16
The United Nations has warned of growing fears of a fresh sovereign debt crisis as poorer states that borrowed heavily in good economic times struggle to weather lower levels of growth.
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22 Sep 16
The Asian Development bank has approved $631m in funding to develop the initial phase of a 2,500 kilometre system of roads, water and power infrastructure on India’s east coast.
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21 Sep 16
Almost $130m worth of UK aid money is to be spent on returning refugees to war-torn countries like Somalia and ensuring they do not travel on to Europe.
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21 Sep 16
The European Bank for Reconstruction and Development has raised €350m ($391m) in the first round of fundraising for its debut Equity Participation Fund.
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20 Sep 16
The BRICS group is thriving despite some recent economic turbulence. It offers members a shared policy platform and cross-continental connections
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19 Sep 16
Governments spent almost $14bn of aid meant for the world’s poorest people within their own borders last year, according to the ONE Campaign’s annual data report.
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19 Sep 16
Governments around the world contributed to the largest single pledge to a global health project on Saturday, after the Global Fund to Fight AIDS, Tuberculosis and Malaria received nearly $13bn in...
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16 Sep 16
The European Union has spent at least €17bn ($19bn) on beefed-up border security and deterrents that only push migrants to find more hidden and dangerous routes into the region, the Overseas...
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15 Sep 16
British MPs have quizzed Priti Patel, the country’s new secretary of state for international development, over her remarks that sparked concern about the future of one of the world’s leading aid...
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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...
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12 Sep 16
A memorandum of understanding has been signed between the Development Bank of Latin America (CAF) and the New Development Bank, formed two years ago by the BRICS nations.
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12 Sep 16
International Monetary Fund managing director Christine Lagarde has said Laos must maintain “the momentum of fiscal consolidation” to safeguard its transition to a lower-middle income country.
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7 Sep 16
A United Nations report has unveiled the “staggering” cost of Israel’s occupation of Palestinian territory, where the economy might otherwise be twice its current size.
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6 Sep 16
The international community is failing to achieve major global education targets with the poorest nations worst effected, according to UNESCO.
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6 Sep 16
The impact of European Union support proffered to Montenegro to help it work towards joining the bloc has been muted due to a lack of commitment to reform by the country’s government, the European...
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5 Sep 16
The Asian Development Bank has raised a further $104m through an additional issue of offshore Indian Rupee-denominated bonds, its biggest Indian rupee issuance to date.