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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.
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4 Aug 16
Tackling Asia and the Pacific’s “missing middle” in social protection will be critical for the region’s inclusive growth and sustainable development, the Asian Development Bank’s vice-president has...
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4 Aug 16
An historic tax reform that will help create a single market in India has been backed by the country’s parliament.
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3 Aug 16
Recent economic policy decisions made by Japanese prime minister Shinzo Abe have achieved partial success but now need to be upgraded, the IMF has said.
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3 Aug 16
Economic growth next year will be lower than expected, due largely to the UK’s decision to leave the European Union, according to the National Institute of Economic and Social Research.
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2 Aug 16
Child hunger costs Ghana some $2.6bn every year, equivalent to 6.4% of the country’s GDP, a report from the United Nations has found.
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1 Aug 16
The Tunisian parliament has overwhelmingly voted to sack the country’s prime minister Habib Essid, effectively dissolving the government.
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1 Aug 16
The president of the US Federal Reserve Bank of New York has called for caution before going ahead with another increase in interest rates in light of risks to the nation’s economy.
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29 Jul 16
Nigeria’s ministry of works has already spent nearly a quarter of its increased budget in less than three months as part of a programme to boost capital spending, the country’s minister for power,...
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28 Jul 16
Japan will launch a 28 trillion yen ($266bn) economic stimulus package in another attempt to kickstart the country’s ailing economy, according to reports.
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26 Jul 16
The private sector must play a leading role in driving prosperity in the Middle East and North Africa despite political instability and a lack of financing, according to development banks.
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25 Jul 16
The International Monetary Fund has approved another line of credit for Morocco, worth $3.47bn over two years.
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25 Jul 16
Africa remains one of the fastest growing regions in the world for foreign direct investment, according to EY.
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25 Jul 16
The world’s biggest economies have vowed to use all available tools to subdue the impact of Britain’s exit from the European Union and growing economic nationalism.
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22 Jul 16
The European Central Bank is holding out on a decision to take further measures to boost growth in the eurozone until the impact of the UK’s Brexit vote is clearer.
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21 Jul 16
Governments should use tax policy to boost growth and ensure the benefits of taxation are more equitably shared among citizens, the OECD has said.
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19 Jul 16
Cambodia’s economy is projected to continue on a robust growth trajectory, but rapidly expanding credit is the biggest threat to the outlook, the International Monetary Fund said yesterday.