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15 Dec 20
The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
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4 Dec 20
One-in-seven people worldwide could be left with less than $1.90 a day to live on in the wake of the economic crisis caused by Covid-19, a UN study has warned.
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4 Dec 20
Claire Schouten and Vivek Ramkumar from the International Budget Partnership give examples of how cooperation between spending watchdogs and civil society have brought benefits for people.
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25 Nov 20
The European Investment bank has approved an €890m loan towards the development of a high-speed rail line from Madrid to the Portuguese border.
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19 Nov 20
More sustainable public procurement practices can help governments create more equal societies, alongside addressing environmental concerns and ensuring a resilient recovery from Covid-19, a report...
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19 Nov 20
Thiago Uehara outlines the important role public procurement can play in development, helping to create more equal and sustainable societies.
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17 Nov 20
Improving the quality and coverage of health services targeting vulnerable people through an internationally backed project will help Laos achieve universal coverage within five years, officials have...
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13 Nov 20
Developing countries face a huge gap in the financing they would need this year to keep them on track for the 2030 Sustainable Development Goals, according to research from the OECD.
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30 Oct 20
Governments must work together if they are to meet the challenges caused by digitalisation and ensure a strong economic recovery after Covid-19, a collection of OECD country ministers have said after...
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21 Oct 20
Indonesia is to launch a sovereign wealth fund in January as part of government efforts to finance its huge infrastructure needs, including a new capital city.
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16 Oct 20
Less than half the population in Asia Pacific is covered by government social protection schemes, leaving many vulnerable to poor health, poverty and social exclusion – despite the region’s rapid...
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16 Oct 20
Infrastructure will be key to helping drag South Africa’s economy out of the crisis caused by Covid-19, the country’s president said while announcing an ambitious programme of spending.
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6 Oct 20
A “city opposed to Apartheid” is being built in South Africa, with the first phase of development having been launched by president Cyril Ramaphosa.
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29 Sep 20
Social assistance to poor and vulnerable families will help the economy weather the Covid-19 storm, the Philippines has been told.
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25 Sep 20
The pandemic presents an opportunity for governments to engender a “green reboot” of the global economy, argues CIPFA’s chief economist Jeffrey Matsu.
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24 Sep 20
A fund to guarantee countries’ ability to access food and health products as they experience an economic blockade has been mooted by Venezuelan president Nicolás Maduro.
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17 Sep 20
More than 40 finance and health ministers from across the Asia Pacific region have pledged their support for universal health coverage.
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10 Sep 20
Asian countries have been urged to address the youth unemployment crisis caused by Covid-19, by using schemes such as wage subsidies and large-scale public employment programmes.
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8 Sep 20
Lebanon’s failure to meet the World Bank’s conditions for the financing of a dam has led to the project being cancelled, losing the country millions of dollars as it still reels from the August...
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2 Sep 20
Cambodia has received approval on a $250m loan from the Asian Development Bank, to help with the country’s response to Covid-19.
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2 Sep 20
The UK will reform the body that scrutinises its aid spending as it merges its international development department with the Foreign Office, the government has announced.
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18 Aug 20
A $1bn loan will help India build a modern high-speed rail system around its capital city, the Asian Development Bank has said after it approved the financing deal.
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7 Aug 20
The world’s largest multilateral development banks committed $61.6bn of climate finance in 2019, a joint report has shown.
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4 Aug 20
CIPFA’s chief economist Jeffrey Matsu argues that the pandemic represents “time for a reboot” in the way we think about development.
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3 Aug 20
Barcelona is pursuing 40 climate action projects to help the city’s ‘green recovery’ from the Covid-19 crisis and meet its environmental commitments, after declaring a climate emergency earlier this...