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3 Apr 17
A development plan for South Asia launched today hopes to add $70bn and 20 million jobs to the region’s economy by 2025.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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3 Apr 17
Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
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31 Mar 17
South Africa’s president Jacob Zuma has dismissed the country’s renowned finance minister Pravin Gordhan, sending the rand tumbling.
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31 Mar 17
Russia has scored an initial victory in its court case against Ukraine, which has been refusing to service a $3bn eurobond bought by Russia in 2015.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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29 Mar 17
A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
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29 Mar 17
The European Central Bank overstepped its mandate during the eurozone crisis, Transparency International has concluded.
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27 Mar 17
Portugal has recorded its lowest deficit in 40 years after halving it in 2016, figures published by the country’s national statistics office last week showed.
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27 Mar 17
A tiff over collective bargaining in Greece resurfaced last week when prime minister Alexis Tsipras sent a letter to European leaders accusing them of double standards.
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27 Mar 17
An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
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24 Mar 17
Tax policies can and should be leveraged to boost productivity, the head of the International Monetary Fund’s fiscal affairs department has said.
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24 Mar 17
The Latin America and Caribbean region continued to close its tax gap with others in 2015, rebuffing the impact of the collapse in commodity prices on revenues, the OECD has found.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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22 Mar 17
France’s interior minister Bruno Le Roux has stood down amid an inquiry into publicly funded jobs he gave to his two teenage daughters during the school holidays.
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20 Mar 17
A crisis over how to pay $862.5m per month in benefits relied upon by 17 million people in South Africa has been averted by the country’s constitutional court.
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20 Mar 17
G20 finance ministers have reined in their commitment to free trade as the US’s new anti-globalisation agenda interrupts the group’s decade-old tradition of resisting protectionism.
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16 Mar 17
The US Federal Reserve raised interest rates for just the third time since 2008 yesterday, as the American economy remains in robust health and inflation ticks towards the bank’s target.
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15 Mar 17
Latin America and the Caribbean should focus on boosting regional economic integration to drive growth, the World Bank has recommended.
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15 Mar 17
The OECD has congratulated Spain on its economic recovery just as the country is also buoyed by official figures showing inflation at a four-year high.
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15 Mar 17
Inflation in Nigeria fell for the first time since October 2015 last month, according to figures released yesterday by the country’s official statistics office.
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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10 Mar 17
Policymakers everywhere will face the forces that have helped fuel global inequality, discontent and events like Brexit, the International Monetary Fund chief has predicted.
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10 Mar 17
European Central Bank president Mario Draghi said the euro is “irrevocable” while outlining a “more optimistic” outlook for the currency bloc yesterday.
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7 Mar 17
Rising protectionism presents a risk to an expected uptick in global growth, the OECD has warned.