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23 Jun 23
Bahrain’s state investment fund Mumtalakat is increasing its holding in the motor racing and high-end sports car maker.
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23 Jun 23
Turkey has nearly doubled its interest rates, reversing its longstanding controversial approach of loosening monetary policy to deal with extraordinarily high inflation.
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20 Jun 23
Taxes on the world’s richest people and debt cancellation could help to fund climate change mitigation and adaptation projects in poorer countries and reverse growing inequalities, experts have said.
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16 Jun 23
US senators have tabled a bill that would allow the transfer of seized Russian government assets to Ukraine to fund its reconstruction after being devastated by war.
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14 Jun 23
The South African government is set to rubber stamp reforms that could pave the way for universal healthcare ending a two-tier system.
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13 Jun 23
The Gambia is set to receive the final tranche of a $94m International Monetary Fund development package.
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12 Jun 23
The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
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9 Jun 23
Libya is too reliant on oil and gas, the International Monetary Fund found in its first review of the economy in a decade – during which analysis was made impossible by war and fragmentation.
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8 Jun 23
This blog highlights some of our learning from each of the sessions at a recent conference on digital financial public financial management, each of which provides an example of different ways in...
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2 Jun 23
Last year governments in Western Europe saw revenue grow much faster than spending, but that is unlikely to be the case again in 2023, according to analysts.
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2 Jun 23
The Oman government is set to invest more than £4bn in a bid to reduce the nation’s dependence on fossil fuel revenues.
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31 May 23
The International Monetary Fund announced the funding allocation, which forms part of a $15.6bn programme for the war-torn nation.
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30 May 23
The US will limit spending but suspend its debt ceiling and avoid a “catastrophic” default, if a deal made between president Joe Biden and speaker Kevin McCarthy is voted through.
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26 May 23
Political partisanship is getting in the way of action on the US debt limit, casting uncertainty over its ability to meet its obligations.
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24 May 23
Nations raised $95bn through carbon taxes and emissions trading systems last year, an increase of more than 10% on the $84bn raised in 2021, the World Bank said.
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23 May 23
Industry gets more support as Ukraine war continues.
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22 May 23
The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
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18 May 23
Fund green lights $3bn loan programme to expedite fiscal reforms.
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18 May 23
Social reforms and governance change need to continue in the Middle East, says the World Bank.
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17 May 23
Campaigners have called on the World Bank to delay payment of an $800m loan.
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17 May 23
More progress is needed on reform, the IMF has told Sri Lanka
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16 May 23
Zimbabwe is under fresh pressure to overhaul its governance structures.
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16 May 23
The US government might not be able to pay all of its obligations within a month if politicians do not raise the country’s ‘debt ceiling’.
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15 May 23
Ratings agency Moody’s has warned Kenya’s domestic funding conditions have deteriorated.
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12 May 23
Saving bumper corporation tax receipts now could help Ireland face future challenges such as its ageing population, the country’s finance minister has said.