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19 Jul 16
The International Monetary Fund has downgraded its growth projections for the world economy in the wake of the UK’s Brexit vote.
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18 Jul 16
Growth across Asia will “remain solid” despite the short-term impact of Brexit and a softer US economy, according to the Asian Development Bank.
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12 Jul 16
Italy’s economy may not recover from the 2008 financial crash until the mid-2020s, suggesting two decades’ worth of growth will be lost, the International Monetary Fund has said.
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12 Jul 16
Venezuela’s government has announced it will seize a factory whose owner, the US personal care company Kimberly-Clark Corp, said it could no longer operate due to the nation’s economic crisis.
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11 Jul 16
The International Monetary Fund has forecast a tentative recovery for Sierra Leone this year after the twin shocks of Ebola and collapsed iron prices sent the economy reeling.
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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.