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25 May 17
The International Monetary Fund has approved a $5.5bn loan package to help rebuild the Mongolian economy after it was battered by the slump in commodity prices.
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24 May 17
Moody’s has cut China’s credit rating for the first time since 1989, citing a growing debt burden and faltering growth.
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24 May 17
US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
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24 May 17
Ethiopia’s Tedros Adhanom Ghebreyesus is to become director-general of the World Health Organisation (WHO).
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24 May 17
African nations are subsiding countries far richer than they, research by a group of development charities has found.
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23 May 17
Taking measures to tackle climate change will boost economic growth over the medium and long term, according to a OECD report.
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23 May 17
The European Commission has called on member states to pursue structural reforms, boost investment and strengthen public finances.
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23 May 17
The African Development Bank’s group president has made an economic case for investment in action against malnutrition.
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23 May 17
Greece and the European Commission must conclude a new agreement on a bailout next month after talks failed this week, economic and financial affairs commissioner Pierre Moscovici has said.
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23 May 17
The World Bank has highlighted Malaysia’s success in achieving high levels of financial inclusion, particularly through the use of mobile phones and banking agents.
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19 May 17
The International Monetary Fund has lifted its growth forecast for South Africa to 1% as two factors weighing on the economy – drought and depressed commodity prices – dissipate.
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19 May 17
Japan has enjoyed its longest growth streak since 2006, with its economy expanding for the fifth consecutive quarter in the first three months of this year.
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19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
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19 May 17
More innovative approaches could be key to tackling the scourge of corruption in Nigeria, a report by Chatham House has concluded.
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18 May 17
Saudi Arabia could slow down its efforts to balance the budget, but still needs a substantial programme of tax increases and spending cuts in the long run, the International Monetary Fund has said.
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17 May 17
The US has significantly expanded its policy of refusing aid to organisations that provide abortion or offer advice and information on it. It will now affect $8.8bn worth of funding rather than $600m...
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17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
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17 May 17
Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
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16 May 17
Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.
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16 May 17
The International Monetary Fund has urged Zimbabwe to rein in its spending to bring its ballooning deficit back down to a sustainable level.
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15 May 17
Germany should look to refine its revenue projection models, which are repeatedly off the mark and encourage overly tight purse strings, the International Monetary Fund has said.
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15 May 17
The Greek economy has slipped back into recession, while the government has shaved almost one percentage point from its growth forecasts for 2017.
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15 May 17
China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
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12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
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12 May 17
UK Aid’s chief civil servant and CIPFA member Sir Mark Lowcock has been appointed as the next head of the United Nation’s humanitarian operations.