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14 Apr 20
A new $10bn fund has been announced by the African Development Bank to help the continent’s governments respond to the coronavirus pandemic.
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9 Apr 20
Public sector lenders should take the lead in pioneering innovative loan contracts that allow borrowers to better respond to crises like the coronavirus, argues international development and...
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7 Apr 20
Millions of job losses resulting from the coronavirus pandemic are putting governments around the world under huge financial pressure to meet unemployment payments.
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3 Apr 20
Asian governments have introduced radical fiscal policy measures to beat the impact of COVID-19. Muhammad Afnan Alam, who works in the Auditor General of Pakistan’s office, details their responses.
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2 Apr 20
Developed nations should put together a $2.5trn rescue package to help protect developing economies from the fallout of the coronavirus pandemic, the UN has said.
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2 Apr 20
The coronavirus crisis has shown the EU’s fiscal rules to be in immediate need of reform, senior economists at Finland’s national audit office have claimed.
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31 Mar 20
Unless anti-corruption measures are implemented during the coronavirus crisis, corruption will lead to people dying, according to campaign group Transparency International.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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30 Mar 20
Governments need to take “stronger, more coordinated measures” to absorb the economic impact of the coronavirus pandemic, the OECD has said, predicting each month of lockdown will knock two...
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24 Mar 20
The coronavirus outbreak will cause the US economy to contract by 24% in the second quarter of 2020, according to Goldman Sachs’ latest predictions, as the government prepares a $2trn stimulus...
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.
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19 Mar 20
An emergency €750bn package has been launched by the European Central Bank as it tries to soften the blow of the coronavirus pandemic in the eurozone.
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18 Mar 20
The economic impact of the escalating coronavirus pandemic is “much worse than feared”, and the world economy is probably already in a recession, according to ratings agency Standard & Poor’s...
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17 Mar 20
France is mobilising €45bn to help keep its economy afloat, the finance minister announced, after president Emmanuel Macron declared the country was “at war” with the coronavirus.
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17 Mar 20
While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy, writes IMF...
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17 Mar 20
A €1bn package of support for economies hit by the coronavirus pandemic has been unveiled by the European Bank for Reconstruction and Development.
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13 Mar 20
The European Central Bank has deployed stimulus measures in an attempt to soften the economic blow of the coronavirus pandemic.
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9 Mar 20
The IMF’s Vitor Gaspar and Paolo Mauro outline how governments should respond to the outbreak in order to stop the worst economic effects.
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6 Mar 20
World financial institutions and governments this week rushed to provide billions of dollars to fight the coronavirus outbreak and support the economy.
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4 Mar 20
Fears of the coronavirus outbreak hitting the economy have caused the US Federal Reserve to slash interest rates in the biggest single cut since the last financial crisis.
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28 Feb 20
European finance ministers are considering intervention in their economies to counter the impact of coronavirus outbreaks.
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27 Feb 20
Heads of various United Nations departments have released a joint statement asking for help money to fight locust swarms in East Africa, which they say are currently at an “unprecedented” level in...
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25 Feb 20
The coronavirus epidemic is having a noticeable impact on the global economy, IMF managing director Kristalina Georgieva has warned.
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20 Feb 20
As the Group of Twenty industrialized and emerging market economies (G20) finance ministers and central bank governors gather in Riyadh this week, they face an uncertain economic landscape, writes...
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3 Feb 20
State-owned development banks have so far been neglected in the fight against climate change, but they could play a vital role if used effectively, according to a new report.