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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.
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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.
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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...
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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.
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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.
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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.
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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...
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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...
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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.
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28 Feb 22
Thailand’s economy grew by 1.6% in 2021 after Covid-19 lockdown measures impacted on international trade and tourism.
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24 Feb 22
The Polish Government’s policy of reduced public spending and high tax collection built strong buffers to deal with the Covid-19 pandemic, according to leading economists.
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23 Feb 22
The European Union has strengthened sanctions against Myanmar, including freezing the assets of a state-owned gas company, following a military coup last year.
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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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22 Feb 22
The Sri Lankan government says it is open to discussions with the International Monetary Fund and other lenders for assistance, as it faces its worst economic crisis in years.
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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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16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
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15 Feb 22
Ratings agency Fitch has downgraded Turkey’s credit rating to ‘B+’, after the nation’s central bank policy of cutting lending rates saw inflation leap.
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15 Feb 22
While it might be tempting to think adopting international accounting standards might lead to growth, the experience of some African countries suggests that might be optimistic, argues senior...
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15 Feb 22
South African president Cyril Ramaphosa is set to accelerate reforms to modernise electrical supply and broadband, in a bid to reverse record high unemployment.
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14 Feb 22
Lebanon’s crisis is so deeply rooted the country needs “a comprehensive social, economic and financial reform programme” to return to stability, the International Monetary Fund has warned.
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14 Feb 22
Government spending earlier in the Covid-19 pandemic has helped Colombia weather the economic storm better than many of its peers, but more needs to be done to make the growth sustainable, according...
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10 Feb 22
European Union development spending has succeeded in reducing some of the development disparity between the bloc’s regions, a report has found.
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8 Feb 22
Rising Covid-19 cases in Gaza and the West Bank have led the World Bank to send an additional grant to the Palestinian Authority, warning the record new infection numbers are still underestimated.
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8 Feb 22
The public sector has an opportunity to finance projects targeting better societal equality and climate risks through social bonds, market analysts have said.
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4 Feb 22
The Hungarian government must implement plans to balance its budget to help reduce the impacts of elevated inflation, according to the governor of its central bank.