-
1 Apr 22
Sustaining China’s unprecedented success in ending extreme poverty will need “vigorous measures” revitalising the country’s rural areas, the World Bank has said.
-
30 Mar 22
International Monetary Fund staff have agreed a $470m deal with Mozambique – the first programme since the US-based lender suspended the African country six years ago following a corruption scandal.
-
28 Mar 22
Colombia has agreed to borrow $830m to help fund education services and improve social mobility, including employment opportunities across the country, as the nation emerges from Covid-19.
-
23 Mar 22
The Nigerian government should repurpose money spent on fuel subsidies to fund reforms aimed at reducing poverty, according to the World Bank Group.
-
23 Mar 22
The Iranian finance minister has promised to cut spending and reform government institutions in order to foster better financial discipline, in a country whose economy has been beaten by sanctions.
-
22 Mar 22
The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
-
22 Mar 22
The European Union is considering setting up a fund to “provide basic services and meet citizens’ immediate needs” in the face of the ongoing invasion by Russian troops, a top official has said.
-
21 Mar 22
The African Development Bank secured a “simply incredible” near-$33bn of investments for projects on the continent during a three-day investment forum.
-
21 Mar 22
Supply chain issues stemming from the Ukrainian invasion is set to hinder Europe and hit global economic growth this year, according to ratings agency Fitch.
-
18 Mar 22
The economic damage caused by Russia’s invasion of Ukraine could take more than one percentage point off global GDP growth this year, according to the OECD.
-
17 Mar 22
The European Council has agreed an approach for partner countries to apply carbon tariffs on good entering the bloc to help fight climate change.
-
16 Mar 22
The Ukrainian government has unveiled a set of radical reforms, including a simplification of the tax system, to put its economy on a war footing.
-
15 Mar 22
Ukraine’s GDP could contract by as much as 35% this year, following last month’s Russian invasion, according to the International Monetary Fund.
-
15 Mar 22
Palestinian authorities must adopt spending reforms to help solve a fiscal outlook which has been weakened further by Covid-19, according to the International Monetary Fund.
-
14 Mar 22
A multilateral development bank in the 1960s by communist countries has seen its credit rating slashed to junk status, after five European Union nations announced plans to withdraw their...
-
11 Mar 22
Countries in the Southern African Customs Union need to get a grip on persistently high inequality in order to give people better life chances, a World Bank report has urged.
-
10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
-
10 Mar 22
The International Monetary Fund Executive Board has approved a $1.4bn payment to Ukraine in an attempt to ease the economic impact of war with Russia, as other governments continue to arrange their...
-
9 Mar 22
Chinese authorities are set to increase economic support this year to help drive growth which slowed towards the end of last year, according to ratings agency Fitch.
-
9 Mar 22
The Polish government has approved a fund worth at least £1.3bn to help Ukrainian refugees, and to provide additional support to local authorities.
-
8 Mar 22
A new World Bank fund will bolster Ukraine’s finances amid the ongoing invasion by Russia, which is continuing into nearly its third week.
-
4 Mar 22
Governments will need to spend billions of dollars to guard against future pandemics and create a bank of vaccines to be adapted when new dangerous viruses emerge, according to the chief executive of...
-
2 Mar 22
The World Bank executive board has announced it will use more than $1bn from a frozen Afghan trust fund to provide basic services and aid to the people while keeping the money out of the Taliban’s...
-
1 Mar 22
Chad is receiving support from the United Nations to help train officers and install new debt management software, in a bid to improve public finances.
-
28 Feb 22
Thailand’s economy grew by 1.6% in 2021 after Covid-19 lockdown measures impacted on international trade and tourism.