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22 Apr 16
The Asian Development Bank saw record demand for its resources in 2015, according to its annual report, as countries in the region sought to boost sluggish growth, reduce inequality, and tackle...
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21 Apr 16
The Asian Development Bank is to provide $300m to support road upgrades in Uttar Pradesh, its first ever loan for this purpose to India’s most populous state.
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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.
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18 Apr 16
Global development banks have agreed a plan for “unprecedented” cooperation to help close the world’s trillion dollar infrastructure gap following the first ever Global Infrastructure Forum.
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18 Apr 16
The South American nation of Suriname is set to receive a support package worth $478m from the International Monetary Fund intended to help its economy pull out of recession.
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15 Apr 16
Childhood malnutrition and stunting should be treated as a development and economic emergency, the World Bank and UNICEF said as they urged world leaders to step up their investments in nutrition.
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15 Apr 16
Tunisia has made further progress towards a $2.8bn support package from the International Monetary Fund, which now only needs approval from the fund’s executive board.
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14 Apr 16
Government deficits are now expected to climb above the levels observed at the beginning of the 2008-09 financial crisis, the International Monetary Fund has warned in its annual Fiscal Monitor.
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14 Apr 16
Developing countries could be missing out on substantial tax revenues as a result of ill-suited tax policies, research from the International Growth Centre based at the London School of Economics has...
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13 Apr 16
The global economy is at risk of a fresh financial crisis the International Monetary Fund has warned in its Global Financial Stability Report, published today.
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13 Apr 16
Every $1 spent on investing in scaling up treatment for depression and anxiety disorders leads to a return of $4 in better health and working ability, according to a study published in The Lancet...
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12 Apr 16
The International Monetary Fund has downgraded its global growth forecasts for 2016 again and warned that chances of a projected pick up next year are waning.
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12 Apr 16
Demand for World Bank cash has risen to unprecedented levels outside of a financial crisis as developing countries struggle with a sluggish global economy.
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11 Apr 16
Boosting productivity and bringing more people into the labour market must be Japan’s “number one priority” if it is to compensate for its rapidly shrinking workforce, the OECD has warned.
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11 Apr 16
Corruption, dirty resources and inequality are among the outcomes of the European Bank for Reconstruction and Development’s investments over the past two decades, according to an environmental...
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8 Apr 16
A $200m investment agreement has been signed for the initial funding of a pipeline that will deliver 33 billion cubic metres of natural gas annually from Turkmenistan all the way through to India.
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7 Apr 16
Russia’s economy faces a “long journey to recovery” from a recession that wiped 3.7% off its GDP in 2015 and could undo almost a decade’s worth of poverty-reduction gains, according to the World Bank...
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7 Apr 16
Somalia and Angola have both begun discussions with the International Monetary Fund for support as their economies struggle under the weight of tumbling oil prices and insecurity respectively.
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6 Apr 16
World Bank president Jim Yong Kim has called on world leaders to focus on boosting developing countries’ economies to “pull the roots” of extremism and prevent future refugee crises.
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6 Apr 16
The International Monetary Fund has welcomed Rwanda’s plans to shelve non-priority spending and dampen demand for imports as low commodity prices deal a hard blow to revenues.
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5 Apr 16
Germany may be a bright spot in the otherwise weak global recovery but challenges, in particular the effective integration of refugees, nevertheless lie ahead, according to the OECD.
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5 Apr 16
International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
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4 Apr 16
Portugal has missed its 2015 fiscal deficit target and looks set to remain under the European Union’s excessive deficit corrective measures as a result, the International Monetary Fund has said.
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4 Apr 16
Ukraine’s economy could turn around from a 10% contraction last year to 1% growth this year if the government can make progress on reforms, the World Bank has said.
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4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.