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7 Jun 16
Asian governments’ resolve to push through environmentally friendly investments and policies may falter in the face of the current weak economic outlook, the Asian Development Bank has warned.
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7 Jun 16
Both the World Bank and the International Monetary Fund urged Uganda to increase spending on public infrastructure while also ensuring more projects are delivered on time and to budget.
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2 Jun 16
Tunisia has secured more than $8bn in loans from the European Union, the International Monetary Fund and the World Bank over the past month as the country seeks to revive its fragile economy.
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1 Jun 16
The World Bank has approved $175m to support communities hosting refugees in the Horn of Africa.
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1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
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31 May 16
The delivery of health and education services in Tanzania has improved significantly, particularly in the areas of rural health infrastructure and teacher attendance, according to data from the World...
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26 May 16
Early implementers of carbon pricing schemes raised $26bn in 2015, up 60% from the year before, the World Bank has said.
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24 May 16
The World Bank has launched the world’s first ever insurance and pandemic bonds to help protect against deadly infectious disease.
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20 May 16
The World Bank has approved another $25m in funding for a controversial land allocation project linked to forced evictions of impoverished people in Cambodia.
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17 May 16
Procurement specialists have gathered in Kazakhstan this week to share best practice on how to ensure integrity and transparency in public procurement.
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16 May 16
Solar power in India is to get a $625m World Bank boost, enabling widespread installation of solar panels on rooftops across the country.
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12 May 16
Campaigners are today challenging the investment of public funds in a poultry farming giant, which they say is causing environmental damage to rural communities in Ukraine.
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12 May 16
Nigerian president Muhammadu Buhari has called for the return of billions of dollars which he said has been stolen from Nigeria and routed through the UK.
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6 May 16
Nigeria’s president Muhammadu Buhari has signed this year’s controversial $30bn budget into law.
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5 May 16
The World Bank has recommended that Mongolia implement spending controls after its budget deficit in the first three months of 2016 reached two-thirds of the annual target.
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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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4 May 16
Future water shortages could spur migration, spark conflict and knock more than 10% off the size of some regions’ economies, the World Bank warned today.
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4 May 16
Climate risk insurance requires a strong and sustained public finance element if it is to reach the poorest people most affected by climate change, a report by Results UK argues.
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4 May 16
Risk financing mechanisms can be used to help absorb some of the shocks and costs of climate change
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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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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
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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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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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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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.