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4 May 16
Risk financing mechanisms can be used to help absorb some of the shocks and costs of climate change
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3 May 16
Nearly one in three public service users in the Middle East and North Africa had to pay a bribe to access basic services in the last year, Transparency International has found.
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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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29 Apr 16
South Sudan has announced the formation of its long-awaited transitional unity government after rebel leader Riek Machar was sworn in as vice president earlier this week.
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29 Apr 16
The United Kingdom has suspended all financial aid to Mozambique following a “serious breach of trust” relating to more than $1bn worth of undisclosed debts.
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29 Apr 16
The African Development Bank is to loan Botswana $76.2m to support the country’s economic diversification plan.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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28 Apr 16
South Sudan’s rebel leader Riek Machar has been sworn in as vice president, marking a significant milestone in plans for a national unity government that were almost derailed last week.
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28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
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26 Apr 16
Chile is missing out on potential economic growth and social wellbeing as a result of weak regulation, the OECD has warned.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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25 Apr 16
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.
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25 Apr 16
The International Monetary Fund has advised Vietnam to tighten its belt in the face of sharp increases in public debt.
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25 Apr 16
Over twenty more nations will share details on the true owners of secretive companies after joining up to the anti-tax evasion initiative headed by Europe’s five largest economies.
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22 Apr 16
The historic climate change agreement reached in Paris last December has been formally ratified at the United Nations today, marking the first step towards putting the deal into practice.
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21 Apr 16
Bermuda has become the latest nation to adopt the OECD’s tax transparency agreement, under which detailed reports on multinational companies’ operations are shared between tax administrations.
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21 Apr 16
Ecuadorian president Rafael Correa has announced one-off taxes, asset sales and potential new bond issuances to help pay for the recovery bill from last Saturday’s 7.8 magnitude earthquake.
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20 Apr 16
Argentina has returned to the international bond market for the first time since its sovereign debt default in 2001 with a $16.5bn issue.
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20 Apr 16
Ecuador’s president has warned that reconstruction costs following Saturday’s devastating earthquake will run into the billions of dollars.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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18 Apr 16
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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18 Apr 16
The South American nation of Suriname is set to receive a support package worth $478m from the International Monetary Fund intended to help its economy pull out of recession.