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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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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
The World Bank has announced it will spend $2.5bn on education projects targeting adolescent girls over the next five years.
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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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14 Apr 16
The new Asian Infrastructure Investment Bank has struck a deal to work with the World Bank after opening for business earlier this year.
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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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13 Apr 16
Public sector and accountancy professionals have convened in the Caribbean in hopes of strengthening the region’s public financial management.
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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
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
Sub-Saharan African companies that make use of tax havens are a top destination for World Bank money, analysis by Oxfam has revealed.
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8 Apr 16
The World Bank has outlined how it plans to uphold a pledge to scale up its annual investments in tackling climate change by one third in a new Climate Action Plan.
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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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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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5 Apr 16
A new big data tool, launched today in the Philippines, looks set to help manage traffic flows in congested city streets across southeast Asia.
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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.
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1 Apr 16
The monitoring of public money used to leverage private sector investment in development could be enhanced through greater harmonisation between different actors, delegates at the Overseas...
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1 Apr 16
The African Development Bank has approved a $228m loan to upgrade 172 kilometres of road that forms part of a trade route linking Kenya, Tanzania and South Sudan.
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31 Mar 16
Liberia is on the brink of committing a “gross violation” of its international obligation under the right to education with plans to outsource the running of publicly funded schools, a United Nations...
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22 Mar 16
Local public services in Indonesia stand to be improved after a “bottom up” model to spot problems and enact solutions was successfully tested.
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21 Mar 16
The World Bank has approved an almost half a billion dollar loan to improve the timeliness and quality of health care in Costa Rica and strengthen institutional efficiency.
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21 Mar 16
China should prioritise reforms to open up its economy, reduce inequality and expand innovation on its “bumpy” transition to a new growth model, International Monetary Fund managing director...
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15 Mar 16
Government spending in Indonesia is driving a modest pick-up in growth but a more solid recovery will depend on private sector investment, the World Bank has said.
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11 Mar 16
The World Bank and the Global Environment Facility have launched a multi-million dollar “global platform for sustainable cities”.