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24 Mar 21
Argentina has entered into its third successive year of recession, as the impact of Covid-19 saw its GDP contract by almost 10% last year, according to its national statistics agency.
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24 Mar 21
Africa will need to be able to manufacture its own vaccines to speed up its economic recovery from the Covid-19 crisis, a United Nations panel has been told.
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23 Mar 21
US president Joe Biden is considering proposals for a $3trn infrastructure, climate and job support package, according to reports.
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19 Mar 21
Lebanon’s only option for halting the country’s financial collapse is re-engaging with the International Monetary Fund, according to prime ministerial candidate Saad al-Hariri.
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17 Mar 21
Governments are failing to ‘build back better’ from Covid-19, with just 18% of recovery spending going on ‘green' projects, a group of academics and the United Nations has said.
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16 Mar 21
Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.
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16 Mar 21
Vaccine nationalism not only threatens human health – it could deepen the financial damage caused by Covid-19, Kerry Lorimer explains.
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16 Mar 21
Asia-Pacific nations must refocus their efforts on achieving sustainable development goals, according to the Asian Development Bank.
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15 Mar 21
Africa needs large-scale debt relief in order to meet the challenges of Covid-19 as millions of people face being pushed into extreme poverty, the African Development Bank has warned.
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11 Mar 21
China will look to expand its middle class while continuing to open up its economy to trade, state media reported following the adoption of the country’s latest five-year plan.
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11 Mar 21
Pre-arranged agreements, including public-private partnerships, are “key strategies” to help repair infrastructure in the wake of disasters, according to a World Bank Group study of the 2011...
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3 Mar 21
Asia Pacific central governments will borrow $4.1trn (£2.9trn) this year, a 12% reduction on last year’s “pandemic-driven surge”, according to ratings agency Standard and Poor’s.
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2 Mar 21
The international community has pledged less than half of what the United Nations said it needs to address the humanitarian crisis in Yemen, according to the organisation’s secretary-general António...
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25 Feb 21
Ghana has become the first country to receive Covid-19 vaccines from India as part of the Covax programme that aims to provide doses to developing countries.
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23 Feb 21
Education budgets are being slashed in poorer countries as governments struggle to deal with Covid-19, a report has found.
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12 Feb 21
The Rwandan economy has fallen into its first recession in more than 25 years, with the World Bank warning it risks years of gains in poverty reduction.
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12 Feb 21
US president Joe Biden’s plan to raise the minimum wage in the US would lift nearly one million people out of poverty, but would also result in a large increase to the budget deficit, a government...
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9 Feb 21
A pilot scheme to support companies trialling a four-day week for their employees is set to begin in Spain, with €50m of backing from the government.
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2 Feb 21
The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
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28 Jan 21
A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
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26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
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22 Jan 21
Indonesia will use a $500m loan from the World Bank announced this week to build its ability to financially respond to natural disasters, climate risks and health crises.
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14 Jan 21
Providing homeless people with immediate access to housing would have saved the French government vast sums of funding in recent years, a report from the country’s national audit office has found.
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12 Jan 21
Pakistan has launched a digital payment system it hopes will improve economic inclusion and increase its relatively miniscule tax collection.
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8 Jan 21
“Bold” policies adopted during 2020 to fight the health and economic effects of Covid-19 have prevented a protracted economic downturn in Indonesia, the IMF has said.