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17 Aug 23
Huge spending on social services in response to the shock of Covid-19 ensured European Union economies were disrupted as little as possible, and adapting to the new reality has provided lessons on...
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24 Feb 23
The world’s largest economies must focus on supporting the most vulnerable people and countries to ensure the world economy recovers properly from Covid-19, Indian prime minister Narendra Modi has...
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10 Feb 23
The World Bank has launched the first tranche of its fund aimed at building resilience in developing nations in preparation for future pandemics.
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27 Jan 23
The economic slowdown exacerbated by high inflation could undermine hard-won progress on sustainable development goals, the United Nations has said.
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26 Jan 23
Senior politicians have urged the Singaporean government to review more than $70bn of unaudited spending during Covid-19.
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24 Jan 23
The Ghanaian government’s auditor general has criticised how departments spent, and managed billions of cedi allocated to fund the Covid-19 response.
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30 Nov 22
Weakened demand from key trading partners and higher interest rates will hinder Latin American economies next year, following stronger-than-expected growth in 2022, S&P Global has said.
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28 Nov 22
The Cambodian government should deliver immediate relief to households to help support the nation’s long-term economic recovery and stop more people falling into poverty, the World Bank has said.
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25 Nov 22
The strategy that yielded early pandemic success in keeping Covid-19 cases contained is now “weighing” on China’s economy, a senior figure at the International Monetary Fund has warned.
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18 Nov 22
Most people in Nigeria lack adequate access to cooking fuel, water sanitation, healthcare, food security and housing, the nation’s official statistics body has found.
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25 Oct 22
Preventing pandemics would cost three times less than managing them after they have broken out, the World Bank has said as it published proposals for a new approach to infectious diseases.
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26 Sep 22
The US labour watchdog has identified more than $45bn of potentially fraudulent unemployment benefit claims during Covid-19 – almost triple initial forecasts.
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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2 Sep 22
European Union institutions have won the praise of the bloc’s watchdog for their response to Covid-19.
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25 Aug 22
The economic impacts of the Covid-19 pandemic have put the brakes on reducing extreme poverty in the Asia Pacific region, economists at the Asian Development Bank have said.
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2 Aug 22
The dual impacts of Covid-19 and the war in Ukraine will leave public finances more exposed and could negatively impact future credit outlooks, a ratings agency has said.
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27 Jul 22
The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
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25 Jul 22
The dual impact of Covid-19 and last year’s military coup in Myanmar has reversed a decade of poverty reduction and pushed more people into destitution, World Bank economists have said.
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21 Jul 22
The Australian government has launched a review to probe the mandate and objectives of the Reserve Bank of Australia following recent criticisms.
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4 Jul 22
The Chinese government is set to spend hundreds of billions of yuan to finance infrastructure projects as the economy starts to recover from Covid-19 lockdowns.
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27 Jun 22
The world’s richest governments have been told they failed poorer countries “on every level” on Covid-19 vaccines, with their hoarded stockpiles, unfulfilled promises of donations and efforts to stop...
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15 Jun 22
The Malaysian government must provide greater support to states that are lagging behind their more developed and industrialised peers, according to the World Bank.
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14 Jun 22
The level of fraud or overpayments of unemployment benefits made by the US government soared by almost tenfold in 2021, according to the national spending watchdog.
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31 May 22
The South Korean government has approved a multi-trillion-won supplementary budget to support small businesses and self-employed people impacted by Covid-19 restrictions.
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30 May 22
The Polish government wants to dissolve a judiciary body at the heart of a dispute with the European Union, in the hope that doing so will help it secure funding.