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7 Nov 16
The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
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4 Nov 16
Sudan has raised fuel prices by around 30% as a severe shortage of foreign currency adds to a growing economic crisis in the country.
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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31 Oct 16
South Africa’s chief prosecutor has dropped fraud charges against the country’s finance minister Pravin Gordhan.
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26 Oct 16
Indonesia can expect GDP growth of 5.1% this year, thanks in part to its improved fiscal management, the World Bank has said.
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14 Oct 16
Natural disasters pose the greatest risk to cities in an increasingly urbanised world, and could cost $314bn worldwide each year by 2030, the World Bank has warned.
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11 Oct 16
Integrated reporting has a key role to play in Malaysia’s economic transformation, the country’s deputy trade minister has said.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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10 Oct 16
The International Monetary Fund has slashed its budget deficit projections for oil-exporting countries in the Middle East and North Africa over the next five years, by over $230bn.
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10 Oct 16
International Monetary Fund managing director Christine Lagarde has outlined the policies she believes are needed to foster inclusive growth as the world enters a new, digital age.
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10 Oct 16
The global monetary system is ill-equipped to handle today’s key challenges, a panel of Asian economists has warned.
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7 Oct 16
Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
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7 Oct 16
International Monetary Fund managing director Christine Lagarde has launched another attack on the “economic malpractice” of protectionism amid growing fears of a worldwide backlash against...
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6 Oct 16
The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
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4 Oct 16
The global economy’s growth deficiency is set to prevail in the long term, despite an uptick in emerging and developing economies, the International Monetary Fund has warned.
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3 Oct 16
High rates of inequality could stifle progress toward ending extreme poverty by 2030, the World Bank has warned.
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30 Sep 16
The International Monetary Fund has completed its first health check of the Argentinean economy in a decade, marking an end to years of distrust between Argentina and the fund.
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30 Sep 16
Brazil should pursue tougher austerity policies to bridge its substantial fiscal gap and pull its economy out of a painful recession, according to the International Monetary Fund.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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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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28 Sep 16
Policymakers must work to change the increasingly popular narrative that free trade only benefits the “fortunate few”, the International Monetary Fund has warned.
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27 Sep 16
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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26 Sep 16
Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
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23 Sep 16
Anti-austerity policy reversals in Portugal are starting to rewind the country’s fragile economic recovery, according to the International Monetary Fund.