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8 Jul 16
The International Monetary Fund has cut its growth forecasts for the euro area in the wake of the UK’s vote to leave the European Union.
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8 Jul 16
The post-Brexit crash in the value of the pound could cost developing countries up to $4bn in aid, trade and remittances, the UK’s Overseas Development Institute has concluded.
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8 Jul 16
The International Monetary Fund has slashed its growth forecasts for South Africa and called for urgent reform in Africa’s most developed country.
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8 Jul 16
Commitments to economic reform in South Sudan’s peace deal must be upheld urgently, Oxfam has stressed.
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8 Jul 16
Zimbabwe is reported to be close to finalising a loan to help the country clear its arrears and secure a much-needed cash injection from the International Monetary Fund.
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4 Jul 16
Afghanistan looks set to secure almost half a million dollars from the International Monetary Fund after reaching an agreement with its staff.
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1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
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1 Jul 16
Syria’s civil war has set the country’s economic, social and human development back by decades, leaving “monumental” challenges ahead, the International Monetary Fund has concluded.
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1 Jul 16
Security, the refugee crisis and growth are the key priorities of the European Commission’s €134.9bn draft budget for 2017, presented to the European Parliament yesterday.
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29 Jun 16
Annual global infrastructure investment could be growing by 5% a year by 2020, despite a lacklustre commodities sector and slowing Chinese growth, finds a new report.
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24 Jun 16
Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
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24 Jun 16
Boosting growth in cities is linked to good public financial management that helps engage both public authorities and business in the potential for private and public investments.
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23 Jun 16
Governments must stop “dithering” on enhancing the digital economy or risk missing out on its huge economic and social benefits, the OECD has warned.
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23 Jun 16
Commencing commercial oil production in Uganda could drive the country’s socio-economic transformation if the proceeds are well managed, the World Bank has said.
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23 Jun 16
The International Monetary Fund has cut its growth forecasts for the US economy, warning of threats from high rates of poverty and inequality and sluggish productivity.
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23 Jun 16
Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
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22 Jun 16
Refugees have a positive impact on the economies of their host communities, in particular when given cash transfers, a study conducted in Rwanda has found.
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22 Jun 16
The World Bank has approved $1.02bn worth of financing for Pakistan to support economic reforms and resilience in the country.
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22 Jun 16
The German Constitutional Court has given the green light to the European Central Bank’s controversial emergency bond-buying scheme – a key tool to fight financial crises.
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21 Jun 16
Jordanian officials have reached an agreement with the International Monetary Fund on a three-year programme to help the country’s economy deal with the fallout of conflicts at its borders.
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21 Jun 16
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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21 Jun 16
A weaker global outlook is hampering Indonesia’s ability to build on recent economic progress, the World Bank has said.
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20 Jun 16
The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
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20 Jun 16
Jamaica has secured the release of a further $80m from the International Monetary Fund after “exceptional” economic reforms, the IMF announced on Friday.
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20 Jun 16
The Asian Development Bank is set to promote more inclusive and environmentally sustainable growth in Vietnam, after the bank’s president commended the country’s performance and reforms.