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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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30 May 23
Potential sanctions linked to South Africa’s position on Russia could push the country into a financial crisis, its central bank has warned.
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26 May 23
The Horn of Africa will need at least $7bn in aid this year to avoid a catastrophe caused by climate change and conflict, the UN has said.
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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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26 May 23
Fears over the affordability and security of fossil fuels are set to increase renewable energy investments this year, experts at the International Energy Agency have said.
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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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23 May 23
The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
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23 May 23
Support for Polish farmers struggling with higher costs associated with Russia’s invasion of Ukraine has been approved in Brussels.
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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
Regulating crypto assets should help European Union member states close avenues for tax avoidance and tax fraud, leaders have said following an agreement.
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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.
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12 May 23
The Pakistani government will not be able to adopt the reforms it needs to recover from a series of financial crises without additional support, the International Monetary Fund has said.
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11 May 23
The Swedish government has spent too much money on widespread energy support that failed to encourage reduced consumption, the nation’s spending watchdog has said.
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10 May 23
Sustained currency depreciation would make borrowing more expensive for Egypt and take up a higher share of revenues, eventually leading to a future credit rating cut for the government, rating...
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4 May 23
Former Mastercard chief executive Ajay Banga has been named as the next president of the World Bank, becoming the first Indian-American to lead the institution.
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3 May 23
The impact of prolonged high inflation is set to hit growth across the Middle East and North Africa this year and accelerate the need for economic reforms, the International Monetary Fund has said.
31 May 23The International Monetary Fund announced the funding allocation, which forms part of a $15.6bn programme for the war-torn nation.
30 May 23The 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.
30 May 23Potential sanctions linked to South Africa’s position on Russia could push the country into a financial crisis, its central bank has warned.
26 May 23The Horn of Africa will need at least $7bn in aid this year to avoid a catastrophe caused by climate change and conflict, the UN has said.
26 May 23Political partisanship is getting in the way of action on the US debt limit, casting uncertainty over its ability to meet its obligations.
26 May 23Fears over the affordability and security of fossil fuels are set to increase renewable energy investments this year, experts at the International Energy Agency have said.
24 May 23Nations 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.
23 May 23Industry gets more support as Ukraine war continues.
23 May 23The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
23 May 23Support for Polish farmers struggling with higher costs associated with Russia’s invasion of Ukraine has been approved in Brussels.
22 May 23The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
18 May 23Fund green lights $3bn loan programme to expedite fiscal reforms.
18 May 23Social reforms and governance change need to continue in the Middle East, says the World Bank.
17 May 23Campaigners have called on the World Bank to delay payment of an $800m loan.
17 May 23More progress is needed on reform, the IMF has told Sri Lanka
16 May 23Regulating crypto assets should help European Union member states close avenues for tax avoidance and tax fraud, leaders have said following an agreement.
16 May 23Zimbabwe is under fresh pressure to overhaul its governance structures.
16 May 23The 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’.
15 May 23Ratings agency Moody’s has warned Kenya’s domestic funding conditions have deteriorated.
12 May 23Saving bumper corporation tax receipts now could help Ireland face future challenges such as its ageing population, the country’s finance minister has said.
12 May 23The Pakistani government will not be able to adopt the reforms it needs to recover from a series of financial crises without additional support, the International Monetary Fund has said.
11 May 23The Swedish government has spent too much money on widespread energy support that failed to encourage reduced consumption, the nation’s spending watchdog has said.
10 May 23Sustained currency depreciation would make borrowing more expensive for Egypt and take up a higher share of revenues, eventually leading to a future credit rating cut for the government, rating...
4 May 23Former Mastercard chief executive Ajay Banga has been named as the next president of the World Bank, becoming the first Indian-American to lead the institution.
