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14 Dec 23
Historic deal beats expectations on emissions.
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28 Mar 23
The Chinese government has lent out hundreds of billions of dollars in debt relief after nations it lent infrastructure loans to were unable to meet their repayments, a landmark report has said.
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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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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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28 Oct 22
The Egyptian government has reached an agreement on an $3bn loan from the International Monetary Fund aimed at supporting the budget and pushing forward “deep structural and governance reforms”.
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2 Aug 22
Rich countries must step up the level of climate finance they allocate to developing economies after a decade-long target was missed, the OECD has said.
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3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
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26 Apr 22
Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
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4 Apr 22
Developing nations in Europe, the Middle East and Africa would be at greatest risk should inflation surges trigger stagflation in the global economy, according to ratings agency Fitch.
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17 Feb 22
Low-income and developing countries must be more transparent on the level and type of loans they owe, to help with debt restructuring, according to the World Bank Group.
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2 Feb 22
The Indian government is set to launch its first sovereign green bond as part of its 2022-23 budget, to help finance public sector projects geared at reducing reliance on carbon-intensive industries...
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28 Jan 22
The military coup and ongoing disruption from the omicron variant of Covid-19 will see Myanmar’s economy remain weak in 2022, according to the World Bank Group.
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20 Jan 22
A new portal launched by the OECD seeks to provide transparency over which of its development aid services are exempt from taxes, to avoid potential disputes.
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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6 Dec 21
Emerging nations seeking to restructure domestic debt will need to carefully consider the impact on their economies, according to the International Monetary Fund.
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8 Nov 21
Increased carbon taxes are likely to have a bigger long-term economic impact on countries which are heavily reliant on carbon-intensive energy, according to ratings agency S&P.
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8 Oct 21
The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
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30 Sep 21
More than 75% of Venezuelans now live in extreme poverty, fuelled by the nation’s economic crisis, a study has claimed.
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29 Sep 21
The Indonesia government is set to spend $190bn next year, as the nation aims to gradually reduce its deficit to 3% of GDP.
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22 Sep 21
The Nigerian government received 33% more income from a eurobond than previously expected, which it described as an “excellent outcome”.
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21 Sep 21
Economic recoveries from Covid-19 slowed in advanced economies over the past three months, as employment and supply chain issues caused uneven global growth, according to the OECD.
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20 Sep 21
Argentina's leader Alberto Fernandez has called for unity in the South American country, as it attempts to recover from a financial crisis exacerbated by Covid-19.
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27 Aug 21
The Nigerian government spent more than 90% of its revenues in the first half of this year on servicing debts, according to the nation’s budget office.
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19 Aug 21
The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
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18 Aug 21
Increased debt in many economies resulting from the Covid-19 pandemic may lead to increased financial risks in the future, according to ratings agency Fitch.