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30 Aug 22
An agreement to resume a multi-billion-dollar deal with the International Monetary Fund is key to getting Pakistan’s economy back on track, the country’s prime minister has said.
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26 Aug 22
The Nigerian government aims to raise an initial $10bn of finance to help implement its planned energy decarbonisation, ahead of an international climate change conference.
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26 Aug 22
China’s leadership has urged its local governments to ramp up spending on projects to help boost the economy.
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25 Aug 22
Finland’s municipalities will begin work on “child-oriented budgeting”, which officials hope will promote policies that improve childrens’ lives in the country whose population is ageing faster than...
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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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23 Aug 22
The Filipino government has proposed a record budget for 2023 that it said will help boost the economy and lift people out of poverty.
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23 Aug 22
Ukraine has continued to urge European governments to send arms as its invasion by Russia looks set to enter its seventh month.
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23 Aug 22
Seventeen African countries will have interest-free loans forgiven by China, according to the Chinese foreign minister who also announced plans to use International Monetary Fund reserves and...
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22 Aug 22
The International Monetary Fund has said it will need “adequate assurances” from Sri Lanka’s creditors, before it agrees a new deal with the nation, amid an economic crisis.
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19 Aug 22
The German government has announced plans to cut VAT on gas sales by more than half, to help cushion the impact of the cost-of-living crisis.
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19 Aug 22
An Apprentice-style competition for ideas to encourage young people to drink more alcohol has been launched by the National Tax Agency.
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16 Aug 22
The Biden administration plans not to unfreeze billions of dollars of Afghanistan’s reserves held in US financial institutions, but insists it will find a way to use the money “for the benefit of the...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.
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12 Aug 22
It is a battle that is being fought all over the world – with varying success. How can we raise our efforts to keep vehicles out of towns and cities, cutting traffic and creating cleaner air?
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11 Aug 22
The end of increased budget scrutiny on the Greek government closes a “difficult chapter” in its history and recognises the sacrifices made to reach financial stability, its finance minister has said...
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11 Aug 22
The United Nations has nearly doubled its request for donations to help its aid workers continue to assist those displaced by the Russian invasion.
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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
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8 Aug 22
The Vietnamese government must address the institutional hurdles that have led to a “chronic under-execution” of public spending programmes, economists at the World Bank have said.
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4 Aug 22
Transatlantic slavery has left such long-lasting damage on Africa and Africans that the continent deserves an apology and financial reparations from the European powers responsible, according to...
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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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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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29 Jul 22
Sri Lanka needs to implement “deep structural reforms” before it can receive any new financial support from the World Bank, which has released a statement in response to the continuing economic...
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28 Jul 22
The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
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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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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...