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15 Dec 23
Surging interest rates pushed the cost of servicing many of the poorest countries’ debts last year to a record $443.5bn, World Bank figures have shown.
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9 Nov 22
Countries across the developing world will need $2trn of climate finance a year by the end of this decade to offset the damage caused by climate change and reduce their reliance on fossil fuels,...
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15 Jan 21
Alastair Swarbrick outlines the issues faced by developing countries embarking on public financial management reform.
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6 Oct 20
Some of the world’s poorest countries will continue to benefit from debt service relief for another six months, after the IMF extended its scheme.
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21 Nov 19
Emerging and developing economies are less prepared for a crisis than they were in 2008, a World Bank study has found.
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28 Jun 19
Growth in the West Bank and Gaza must be focused on jobs, the head of the IMF has told a conference about US economic proposals for the region.
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28 Jun 19
Bangladesh has been praised by the IMF for its strong economic performance fuelled by private consumption.
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31 May 19
A cross-party group of UK MPs has called on the chancellor to seek an agreement for a ‘registry of loans’ to governments at this month’s G20 meeting.
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11 Apr 19
Humanitarian aid from the world’s richest countries to help its poorest fell last year in a trend described as worrying by the OECD.
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22 Feb 19
Spending an average of 4.5% of GDP on ‘climate-friendly’ infrastructure could help developing countries achieve the Sustainable Development Goals.
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31 Jan 19
Multilateral banks need a “dramatic” overhaul of strategies to achieve global goals by 2030, warns the head of the Islamic Development Bank.
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18 Sep 18
Four of the world’s biggest pharmaceutical companies could be avoiding paying about $3.8bn in corporate tax, Oxfam has warned.
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10 Sep 18
The debts of developing countries need to be “written off” as the fallout of the economic crisis hits the world’s poorest the hardest, a civil society network has warned.
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25 May 18
Developing countries need to have the “basic building blocks” in place before they can make sustainable reforms, the president of a global financial management body has said.
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14 May 18
Lenders and borrowers must be “more responsible” as debt crises are growing across the globe, a charity has warned.
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21 Mar 18
Developing country debt payments have increased by 60% in three years, marking the highest level since 2004, figures have revealed.
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8 Mar 18
Investing more in school meals in West Africa is a “win-win opportunity” for governments to create more local jobs in agriculture and improve the future of children, the United Nations has said.
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7 Feb 18
The Department of International Development will help promote transparency in developing countries and international programmes to improve accountability through a new initiative.