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29 Apr 16
South Sudan has announced the formation of its long-awaited transitional unity government after rebel leader Riek Machar was sworn in as vice president earlier this week.
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29 Apr 16
The African Development Bank is to loan Botswana $76.2m to support the country’s economic diversification plan.
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28 Apr 16
South Sudan’s rebel leader Riek Machar has been sworn in as vice president, marking a significant milestone in plans for a national unity government that were almost derailed last week.
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28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
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26 Apr 16
Chile is missing out on potential economic growth and social wellbeing as a result of weak regulation, the OECD has warned.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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25 Apr 16
The International Monetary Fund has advised Vietnam to tighten its belt in the face of sharp increases in public debt.
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25 Apr 16
India’s government seems “reluctant” to solve its affordable urban housing crisis, with luxury real estate and development projects prioritised over the housing needs of poorer people, a United...
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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.