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25 Apr 17
The development impact of money channelled through UK Aid’s controversial private equity arm is still unclear, the country’s Public Accounts Committee has concluded.
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25 Apr 17
The African Development Bank will need more funding soon, its president has warned at an event in Washington DC.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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24 Apr 17
A group of International Monetary Fund member countries have dropped all references to resisting protectionism in an annual communiqué.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
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24 Apr 17
French stocks have surged today on the back of pro-EU centrist Emmanuel Macron’s victory in the first round of voting for the French presidential election.
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21 Apr 17
The UK’s commitment to spending 0.7% of its national income on aid would not be scrapped under a new Conservative government, prime minister Theresa May has said.
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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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20 Apr 17
The World Bank has cut its growth forecast for sub-Saharan Africa this year as the region’s key economies falter.
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20 Apr 17
Helen Clark has concluded her final term as head of the United Nations Development Programme, which she has led for the past eight years.
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20 Apr 17
Nigerian president Mohammadu Buhari has suspended two top officials implicated in a scandal over $43m in allegedly misdirected aid funds.
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19 Apr 17
All funding sources must be tapped in order to finance the Sustainable Development Goals, United Nations officials have stressed at a development finance conference.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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18 Apr 17
Global growth prospects are “substantially better” for this year and the next, the International Monetary Fund has said.
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18 Apr 17
IPSASB has called for views on its proposals on how the public sector should deal with heritage items in its accounts.
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18 Apr 17
Turkey’s president Recep Tayyip Erdoğan has won sweeping new powers following a constitutional referendum held at the weekend.
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18 Apr 17
The World Bank has slashed its growth forecast for the Middle East and North Africa by almost one percentage point, as war and low oil prices batter the region’s economies.
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16 Apr 17
The UK has today announced £205m in aid to protect over 200 million people from treatable tropical diseases that receive little international attention.
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13 Apr 17
Better tax policies are key to solving the global productivity problem, adding roughly one percentage point to long-term GDP growth in the process, the International Monetary Fund has said.
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13 Apr 17
A fundamental rethink of development finance is needed to ensure the equality of opportunity that will prevent a descent into fragility, conflict and extremism, the head of the World Bank has said.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
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12 Apr 17
A move towards protectionism would constitute a “self-inflicted wound” and only serve to damage growth, International Monetary Fund chief Christine Lagarde has warned.
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12 Apr 17
Four major emerging economies have urged developed nations to boost their climate change aid to poorer countries, in line with commitments made under 2015’s landmark Paris agreement.