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6 Apr 17
Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
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6 Apr 17
Asia-Pacific now accounts for 60% of the world’s economic growth, more than any other region, the Asian Development Bank has highlighted.
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4 Apr 17
Governments must take an active role and “unleash entrepreneurship” if productivity is to be improved, the head of the International Monetary Fund has said.
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3 Apr 17
A development plan for South Asia launched today hopes to add $70bn and 20 million jobs to the region’s economy by 2025.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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27 Mar 17
The use of taxpayers’ money and service delivery are two arenas where the battle for public trust can be won or lost, the OECD has highlighted.
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24 Mar 17
Tax policies can and should be leveraged to boost productivity, the head of the International Monetary Fund’s fiscal affairs department has said.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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21 Mar 17
Poland’s ‘record’ economic growth is a development success story but the country needs to undertake further reform, according to the World Bank.
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15 Mar 17
Latin America and the Caribbean should focus on boosting regional economic integration to drive growth, the World Bank has recommended.
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15 Mar 17
The OECD has congratulated Spain on its economic recovery just as the country is also buoyed by official figures showing inflation at a four-year high.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
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7 Mar 17
Rising protectionism presents a risk to an expected uptick in global growth, the OECD has warned.
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7 Mar 17
Public private partnerships are an important option for developing countries seeking to address their infrastructure needs. It’s vital that project teams have the skills to rise to the challenge
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6 Mar 17
The World Bank has committed $125m to improving vocational training and apprenticeships in India.
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6 Mar 17
Afghanistan is set to receive a further £6m from the International Monetary Fund after being judged to have made satisfactory progress on its reform plan.
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3 Mar 17
The African Development Bank has agreed a funding package with Zimbabwe to support the government’s reform plan for state-owned enterprises.
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24 Feb 17
Germany’s budget surplus has hit an almost two-decade high, at €24bn, bolstered by tax receipts from strong employment.
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23 Feb 17
India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
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22 Feb 17
Global trade growth slowed for the fifth year in a row last year, posting the weakest performance since the financial crisis, the World Bank has said.
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17 Feb 17
Growth in West Africa is at risk due to governments continually shelving plans to cut spending and raise taxes, the International Monetary Fund has warned.
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15 Feb 17
Weak growth in Germany, Italy and Greece in the final quarter of last year has dampened an optimistic outlook for the ever-sluggish eurozone.