-
11 Apr 16
Boosting productivity and bringing more people into the labour market must be Japan’s “number one priority” if it is to compensate for its rapidly shrinking workforce, the OECD has warned.
-
11 Apr 16
European Union aid aimed at encouraging regional integration in Africa is poorly managed and badly targeted, according to the by the European Centre for Development Policy Management.
-
11 Apr 16
The OECD is to convene a meeting of senior tax administration officials this week after calls to formulate a response to the Panama Papers.
-
11 Apr 16
Sub-Saharan African companies that make use of tax havens are a top destination for World Bank money, analysis by Oxfam has revealed.
-
8 Apr 16
Asian Development Bank president Takehiko Nakao has announced he intends to stand for re-election to the role.
-
8 Apr 16
The European Commission has announced plans to modernise and simplify the EU-wide VAT system, make it more fraud proof, and hand greater control of the tax back to member states.
-
7 Apr 16
Russia’s economy faces a “long journey to recovery” from a recession that wiped 3.7% off its GDP in 2015 and could undo almost a decade’s worth of poverty-reduction gains, according to the World Bank...
-
7 Apr 16
The executive board of troubled Malaysian national development fund 1MDB have today offered their resignations following a damning report into the scandal from the country’s Public Accounts Committee...
-
7 Apr 16
Somalia and Angola have both begun discussions with the International Monetary Fund for support as their economies struggle under the weight of tumbling oil prices and insecurity respectively.
-
6 Apr 16
World Bank president Jim Yong Kim has called on world leaders to focus on boosting developing countries’ economies to “pull the roots” of extremism and prevent future refugee crises.
-
6 Apr 16
The International Monetary Fund has welcomed Rwanda’s plans to shelve non-priority spending and dampen demand for imports as low commodity prices deal a hard blow to revenues.
-
6 Apr 16
Iceland’s prime minister Sigmundur Davíð Gunnlaugsson has stepped down after revelations in the Panama Papers put him at the centre of a dramatic political crisis.
-
5 Apr 16
A new big data tool, launched today in the Philippines, looks set to help manage traffic flows in congested city streets across southeast Asia.
-
5 Apr 16
Germany may be a bright spot in the otherwise weak global recovery but challenges, in particular the effective integration of refugees, nevertheless lie ahead, according to the OECD.
-
5 Apr 16
International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
-
5 Apr 16
Helen Clark, the head of the United Nations Development Programme, has announced she will run to succeed Ban Ki-Moon as the next UN secretary general.
-
5 Apr 16
Substantial levels of corruption tied to foreign interests are flying too far under the radar in Africa, according to a United Nations report, which calls for new forms of measurement to capture the...
-
4 Apr 16
International Monetary Fund managing director Christine Lagarde has dismissed allegations that the fund is trying to push Greece to default as “simply nonsense” in a letter to Greek prime minister...
-
4 Apr 16
Portugal has missed its 2015 fiscal deficit target and looks set to remain under the European Union’s excessive deficit corrective measures as a result, the International Monetary Fund has said.
-
4 Apr 16
Ukraine’s economy could turn around from a 10% contraction last year to 1% growth this year if the government can make progress on reforms, the World Bank has said.
-
4 Apr 16
Transparency International has called for laws to shed light on the most secretive avenues of the global financial system in the wake of the “Panama Papers”.
-
4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
-
1 Apr 16
Tax revenues in some African countries have risen by up to almost 7% since 2000, making a key contribution to economic development, the OECD has found.
-
31 Mar 16
The International Monetary Fund has announced it will close its office in Nicaragua in August as the country’s economy has stabilised following two decades of close supervision.
-
31 Mar 16
New Zealand’s first real rise in benefits in almost half a century is to come into effect tomorrow, according to social development minister Anne Tolley.