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21 Sep 16
Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
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19 Sep 16
China could be heading toward a banking crisis as a huge credit binge puts the world’s second largest economy under pressure, a global financial watchdog has warned.
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15 Sep 16
Improved public management has helped keep Tanzania on track to hit 7.2% growth in 2016, according to the governor of the country’s central bank.
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13 Sep 16
International Monetary Fund managing director Christine Lagarde has called on governments to make globalisation more inclusive.
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13 Sep 16
Government spending in China rose 10.3% in August compared with the same period last year, according to the country’s ministry of finance.
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12 Sep 16
Greek prime minister Alexis Tsipras has said criticised international creditors for squabbling among themselves over potential debt relief for the country, which he claims is exacerbating its...
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12 Sep 16
International Monetary Fund managing director Christine Lagarde has said Laos must maintain “the momentum of fiscal consolidation” to safeguard its transition to a lower-middle income country.
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9 Sep 16
The European Central Bank has held fire on extending its monetary policy stimulus measures to boost eurozone growth, even as the bank cut its growth forecasts for 2017 and 2018.
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8 Sep 16
The Nigerian government hopes to tackle the country’s first recession in more than 20 years by promoting the agriculture and solid minerals sectors in order to diversify the economy.
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8 Sep 16
Angolan finance minister Armando Manuel has been sacked from his post after presiding over a two-year economic slump triggered by the collapse in oil prices.
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7 Sep 16
South Africa has dodged a recession after figures published today show its economy grew by 3.3% in the second quarter, after shrinking by 1.2% in the first few months of 2016.
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7 Sep 16
Australia’s economy can now boast a quarter of a century without recession after official figures showed the economy grew 3.3% in the year to June.
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7 Sep 16
A United Nations report has unveiled the “staggering” cost of Israel’s occupation of Palestinian territory, where the economy might otherwise be twice its current size.
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5 Sep 16
The G20 have vowed to make the most of flexible fiscal policy to boost sluggish global growth, as well as to strengthen economic governance through transparency and international tax collaboration.
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5 Sep 16
Chinese president Xi Jinping has warned his fellow G20 leaders from allowing their latest meeting to become an empty “talk shop” as rising protectionism, sluggish investment and geopolitical risks...
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1 Sep 16
The International Monetary Fund has hinted today that another downgrade in global growth projections could be on the cards when it publishes its next economic outlook in October.
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31 Aug 16
The Nigerian economy has officially gone in to recession after figures published today showed a 2.06% contraction in the second quarter of 2016.
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23 Aug 16
The Jamaican authorities are continuing their “strong” implementation of the IMF’s requirements under the extended fund facility programme, it has been announced.
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19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
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17 Aug 16
Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
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15 Aug 16
The International Monetary Fund has warned China to stem the unsustainable growth of indebtedness across its state-owned firms in its latest check up of the country’s economy, published on Friday.
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12 Aug 16
China’s economy is still struggling with the pains of transformation, according to data published today.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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11 Aug 16
Singapore has cut its economic growth forecasts in light of increasing global uncertainly caused in part by the Brexit vote.
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5 Aug 16
African nations must do more to harness urbanisation to ensure the continent grows sustainability as millions more people head for its cities, according to the African Development Bank.