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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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29 Apr 16
The United Kingdom has suspended all financial aid to Mozambique following a “serious breach of trust” relating to more than $1bn worth of undisclosed debts.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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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
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.
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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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22 Apr 16
The historic climate change agreement reached in Paris last December has been formally ratified at the United Nations today, marking the first step towards putting the deal into practice.
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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
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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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
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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15 Apr 16
Ukraine’s new prime minister has vowed to crack down on corruption in the country after his predecessor’s ineffectual attempts forced his resignation.
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15 Apr 16
The five largest European economies have agreed on new “hammer blow” measures to crackdown on tax evasion in response to the Panama Papers.
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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
Some of the world’s largest and most influential aid donors are still falling far short of transparency standards, according to the 2016 Aid Transparency Index, published today.
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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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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
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
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
International Monetary Fund managing director Christine Lagarde has dismissed allegations that the fund is trying to push Greece to default as “simply nonsense” in a letter to Greek prime minister...
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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.