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8 Nov 16
Global climate finance has reached record levels the United Nations suggests, but is still not sufficient to implement countries’ climate pledges, an expert told PFI.
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8 Nov 16
Many countries in Asia and the Pacific are spending too little on social protection programmes and should expand these to provide adequate cover to most of their populations, the Asian Development...
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8 Nov 16
The World Bank has welcomed economic and social reforms in Egypt, which it said would help to create jobs and revitalise the country’s economy.
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7 Nov 16
China has replaced its internationally renowned finance minister in a surprise reshuffle that has caught many observers off guard.
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7 Nov 16
The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
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7 Nov 16
Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
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4 Nov 16
The landmark climate change pact agreed between almost 200 countries in Paris last December came into force today, putting into place legally binding limits on global warming for the first time.
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4 Nov 16
Global organisations such as the International Federation of Accountants play a crucial role in the development of rules and standards and policy coordination around the world, the OECD has said.
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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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4 Nov 16
Uganda’s high court has ruled that an order to close 63 schools run by a controversial, for-profit provider should go ahead.
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4 Nov 16
Sudan has raised fuel prices by around 30% as a severe shortage of foreign currency adds to a growing economic crisis in the country.
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4 Nov 16
New laws currently under consideration in the UK could eliminate the country's role in global corruption as a hotbed of ill-gotten cash and assets, experts have told PF International.
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3 Nov 16
Developed countries are overstating the amount of climate finance they channel to poorer nations by at least $20bn, Oxfam has claimed.
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3 Nov 16
Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
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3 Nov 16
Developing countries must ensure the benefits of growth and change are shared with their citizens, or risk losing support to populist figures that can reverse progress, a European development bank...
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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2 Nov 16
The United Nations’ dedicated fund for humanitarian emergencies is facing a $25m shortfall in 2016, the institution has reported.
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2 Nov 16
Ukrainian MPs have passed on an opportunity to double their wages as an already hostile public still reels from the astonishing scale of wealth declared by public officials as part of a transparency...
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2 Nov 16
The UK has been urged to continue to tackle the crises in global education through international forums and institutions like the G7 and the World Bank, an approach the country’s current aid chief...
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2 Nov 16
The global economy is to grow at its slowest annual rate in 2016 since the recession in 2009, according to the UK’s National Institute of Economic and Social Research.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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1 Nov 16
Global cities are likely to fall short on some key Sustainable Development Goals including child malnutrition and access to drinking water, housing and sanitation, a UK think-tank has warned.
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1 Nov 16
Humanitarian aid for refugees in Uganda increased the real incomes of host communities by up to $1,100 annually, a study by the World Food Programme has shown.
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1 Nov 16
Tanzania remains on track for 7% growth in 2016, according to a review by the International Monetary Fund, but the slow pace of a public sector reform programme could pose a risk to the economy.
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1 Nov 16
The World Bank has appointed the European Commission’s vice president for budget and human resources to the newly created role of chief executive.