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6 Mar 17
The World Bank has committed $125m to improving vocational training and apprenticeships in India.
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6 Mar 17
Afghanistan is set to receive a further £6m from the International Monetary Fund after being judged to have made satisfactory progress on its reform plan.
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3 Mar 17
Eurozone inflation surpassed the bloc’s target rate for the first time since 2013 in February, according to preliminary data published yesterday by Eurostat.
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3 Mar 17
Financial speculation has led to an “unsustainable” global housing crisis, according to the United Nations’ special rapporteur on the right to housing.
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3 Mar 17
The African Development Bank has agreed a funding package with Zimbabwe to support the government’s reform plan for state-owned enterprises.
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3 Mar 17
Millions of dollars of aid funds are being undermined as donor efforts to stem migration from countries like Ethiopia are thwarted by the country’s labour laws, a UK think-tank has argued.
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2 Mar 17
Accusations of misconduct have prompted the entire top management of private sector aid firm Adam Smith International (ASI) to resign.
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28 Feb 17
Achieving value for money in social services is the key to maintaining progress in human development in West Africa, the African Development Bank has said.
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28 Feb 17
Countries across Asia and the Pacific need to spend $1.7tn on infrastructure every year until 2030 to maintain momentum on economic growth and tackle climate change, the Asian Development Bank has...
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28 Feb 17
International lenders have arrived in Greece today to examine the implementation of public sector reforms needed before the latest tranche of cash can be released as part of the country’s...
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28 Feb 17
Canada has agreed a deal with the International Monetary Fund to provide up to $677.5m to support the fund’s lending programme for low-income countries.
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28 Feb 17
European Union funds focused on helping sub-Saharan African countries to collect more domestic taxes are not yet being used effectively, auditors said today.
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24 Feb 17
Mexico’s sugar tax has reduced consumption of sugary drinks for the second year in a row, knocking industry claims that the tax would lose its effect after the first year.
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24 Feb 17
The UK has come under fire for dressing up a £100m ($125m) aid package for South Sudan as “new” when in fact it had already been allocated for the country in 2018.
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24 Feb 17
Germany’s budget surplus has hit an almost two-decade high, at €24bn, bolstered by tax receipts from strong employment.
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23 Feb 17
Ratings agency Fitch has warned of the risk posed by China’s high local public debt issued through a back door route.
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23 Feb 17
India’s growth will slow by around 1% as a result of its sudden demonetisation experiment, the International Monetary Fund has said, although the impact will only be temporary.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
The UK has announced £200m in new aid for Somalia and South Sudan, both of which are teetering on the brink of widespread famine.
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22 Feb 17
Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
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22 Feb 17
A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
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22 Feb 17
Global trade growth slowed for the fifth year in a row last year, posting the weakest performance since the financial crisis, the World Bank has said.
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21 Feb 17
Famine is looming in Nigeria, Somalia, Yemen and additional regions of South Sudan, where it was already declared in some areas yesterday, the United Nations children’s agency has warned.
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21 Feb 17
Nigeria’s central bank has effectively devalued its currency for private individuals by allowing dollars to be bought at almost 20% above the normal rate for travel, some school fees, and medical...
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21 Feb 17
The European Council has agreed fresh measures to prevent corporations avoiding tax via countries that are not members of the European Union.