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2 Oct 20
Muhammad Afnan Alam takes an in-depth look at the economic crisis that has engulfed Lebanon, that predates the Beirut explosion and even Covid-19.
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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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23 Sep 20
Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
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22 Sep 20
Covid-19 and lower yield from oil exports threatened to derail Angola’s efforts at economic recovery, but the IMF has lauded the government’s efforts to keep reforms on track.
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22 Sep 20
Developing economies have some breathing space to deal with Covid-19 thanks to intervention by global financial institutions. But will piling up debt make recovery prospects even more precarious?
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16 Sep 20
Africa needs fiscal space to deal with the pandemic, and it needs help from its creditors to get it, according to Senegalese president Micky Sall. Author NJ Ayuk explains why this doesn’t go far...
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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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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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23 Jul 20
South Africa has been granted its first ever crisis loan from the African Development Bank as it struggles against one of the world’s most serious outbreaks of Covid-19.
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17 Jul 20
Some coronavirus loans from the IMF are effectively being used to pay back loans from private lenders, without any of the money being used by the countries themselves to respond to the pandemic, a...
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16 Jul 20
Further high-level spending on health and social assistance programmes will be needed in Indonesia once the Covid-19 pandemic is over, the World Bank has said.
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7 Jul 20
Indonesia’s government and central bank have agreed to a £32bn bond scheme to finance the country’s recovery efforts from the economic crisis caused by Covid-19.
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7 Jul 20
Saudi Arabia has begun the process of implementing Vision 2030: a plan to transform the nation into a major global economy. This programme was founded upon three key themes: a vibrant society, a...
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3 Jul 20
Namibia is looking to set up a sovereign wealth fund to secure savings for its future, the country’s government has said.
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1 Jul 20
The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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22 Jun 20
Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
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26 May 20
Public procurement could provide Kazakhstan with the means to restart its economy following the coronavirus pandemic, the World Bank has claimed.
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20 May 20
Indonesia is set to impose a 10% digital services tax on companies based overseas in the second half of 2020, as the government scrambles to fight the economic impact of the Covid-19 pandemic.
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5 May 20
Brazil has created an emergency basic income scheme for informal workers, to help them through the coronavirus pandemic, and advocates of universal basic income believe the crisis could make...
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17 Apr 20
International aid will be “critical” in fighting the coronavirus pandemic, the head of the OECD has said, as rich countries look to help their developing counterparts through the crisis and continue...
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14 Apr 20
The IMF has wiped six months of debt repayments for 25 of the world’s poorest countries, to give them space to deal with the coronavirus pandemic.
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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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7 Apr 20
Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.
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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.
2 Oct 20Muhammad Afnan Alam takes an in-depth look at the economic crisis that has engulfed Lebanon, that predates the Beirut explosion and even Covid-19.
24 Sep 20A 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.
23 Sep 20Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
22 Sep 20Covid-19 and lower yield from oil exports threatened to derail Angola’s efforts at economic recovery, but the IMF has lauded the government’s efforts to keep reforms on track.
22 Sep 20Developing economies have some breathing space to deal with Covid-19 thanks to intervention by global financial institutions. But will piling up debt make recovery prospects even more precarious?
16 Sep 20Africa needs fiscal space to deal with the pandemic, and it needs help from its creditors to get it, according to Senegalese president Micky Sall. Author NJ Ayuk explains why this doesn’t go far...
10 Sep 20Asian 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.
18 Aug 20A $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.
23 Jul 20South Africa has been granted its first ever crisis loan from the African Development Bank as it struggles against one of the world’s most serious outbreaks of Covid-19.
17 Jul 20Some coronavirus loans from the IMF are effectively being used to pay back loans from private lenders, without any of the money being used by the countries themselves to respond to the pandemic, a...
16 Jul 20Further high-level spending on health and social assistance programmes will be needed in Indonesia once the Covid-19 pandemic is over, the World Bank has said.
7 Jul 20Indonesia’s government and central bank have agreed to a £32bn bond scheme to finance the country’s recovery efforts from the economic crisis caused by Covid-19.
7 Jul 20Saudi Arabia has begun the process of implementing Vision 2030: a plan to transform the nation into a major global economy. This programme was founded upon three key themes: a vibrant society, a...
3 Jul 20Namibia is looking to set up a sovereign wealth fund to secure savings for its future, the country’s government has said.
1 Jul 20The Covid-19 pandemic has highlighted structural problems in the financial relationship between Pakistan’s federal and provincial governments, according to Muhammad Afnan Alam.
24 Jun 20Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
26 May 20Public procurement could provide Kazakhstan with the means to restart its economy following the coronavirus pandemic, the World Bank has claimed.
5 May 20Brazil has created an emergency basic income scheme for informal workers, to help them through the coronavirus pandemic, and advocates of universal basic income believe the crisis could make...
17 Apr 20International aid will be “critical” in fighting the coronavirus pandemic, the head of the OECD has said, as rich countries look to help their developing counterparts through the crisis and continue...
14 Apr 20The IMF has wiped six months of debt repayments for 25 of the world’s poorest countries, to give them space to deal with the coronavirus pandemic.
14 Apr 20A new $10bn fund has been announced by the African Development Bank to help the continent’s governments respond to the coronavirus pandemic.
7 Apr 20Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.
