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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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27 Oct 22
The energy crisis shows that countries across the world must redouble their efforts to finance the transition to low-carbon alternatives, along with the ever-present threat of climate change, the...
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26 Oct 22
The Ukrainian government has appealed for more support from donor countries and multilateral lenders to help fund its war response, meet budgetary needs and begin the reconstruction effort.
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25 Oct 22
European policymakers face tough decisions between supporting households and reducing inflation as weakened growth and price rises create a “toxic mix”, economists at the International Monetary Fund...
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25 Oct 22
Preventing pandemics would cost three times less than managing them after they have broken out, the World Bank has said as it published proposals for a new approach to infectious diseases.
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24 Oct 22
The energy crisis has hit progress by Nigeria on turning its finances around, according to a ratings agency.
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24 Oct 22
A fresh attempt has been made to end graft in South Africa’s institutions.
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19 Oct 22
The Indian government’s large external reserves will help cushion the impacts of international financial shocks, economists at Fitch have said.
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18 Oct 22
The World Bank has placed all development loans made to Belarus through its subsidiary lender to a non-performing status because of overdue payments.
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17 Oct 22
The Tunisian government has received provisional approval for a $1.9bn loan from the International Monetary Fund aimed at financing reforms to improve social protection and government revenues.
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14 Oct 22
The Swiss government has issued its first green bond, with proceeds earmarked for investment in climate-friendly projects.
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14 Oct 22
High oil prices mean Chad does not require relief on its debts, according to a statement from a group of countries that had previously agreed to arrange it.
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13 Oct 22
China needs to rebalance its economy in order to meet its emissions goals and dampen the threat of climate change, according to the World Bank.
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11 Oct 22
The plight of Ukrainian refugees has been raised by UK campaigners and local government leaders.
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11 Oct 22
The acceleration of reforms aimed at collecting additional revenue and debt restructuring will help Sri Lanka to support its poorest and aid its financial recovery, economists at the World Bank have...
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10 Oct 22
Governments across the European Union have spent more than €100bn on Russian fossil fuels since the nation invaded Ukraine in February, a climate group has said.
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7 Oct 22
Serious floods in Pakistan have led to increased public spending and higher debt, and a key factor in a downgrade to the nation’s credit rating, Moody’s has said.
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6 Oct 22
Countries across the world should speed up their fight against climate change in the next few years because the immediate cost will be “dwarfed” by the “overwhelming” benefits, economists at the...
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6 Oct 22
The US Securities and Exchange Commission has raised concern over the ability of women and under-represented entrepreneurs to start small businesses.
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5 Oct 22
High inflation combined with increased debt servicing costs has increased the likelihood of a debt default and led to Moody’s downgrading Ghana’s credit rating.
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28 Sep 22
European Union countries should ensure their citizens are guaranteed a sufficient ‘minimum income’ to live in “dignity at all stages of life”, according to the bloc’s executive arm – but officials...
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27 Sep 22
Governments should contemplate raising taxes on higher earners and businesses that have profited from the current energy crisis to support those in need, a senior economist has said.
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27 Sep 22
Central banks raising interest rates to slow inflation will pile more financial pressure on poorer economies and could restrict spending on healthcare, economists at the World Bank have warned.
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23 Sep 22
Governments should avoid or reverse widespread tax cuts and energy caps introduced in response to the cost-of-living crisis, or they risk encouraging the use of fossil fuels, economists at the OECD...
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22 Sep 22
Poor government leadership has left South Africa rife with corruption and with high poverty, crumbling infrastructure and human rights abuses, a pressure group has said.