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8 Jun 16
The World Bank has cut its global growth forecasts for 2016 to 2.4%, from the already modest 2.9% it predicted in January.
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7 Jun 16
The World Bank is to help Moldova overhaul its tax administration to bring in a centralised and unified system that will improve revenue collection, compliance and services.
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7 Jun 16
The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
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7 Jun 16
Asian governments’ resolve to push through environmentally friendly investments and policies may falter in the face of the current weak economic outlook, the Asian Development Bank has warned.
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7 Jun 16
Both the World Bank and the International Monetary Fund urged Uganda to increase spending on public infrastructure while also ensuring more projects are delivered on time and to budget.
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7 Jun 16
Proposals for a universal basic income were overwhelmingly rejected by Switzerland’s voters in a referendum on Sunday, with 78% saying no to the scheme.
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6 Jun 16
The British government was slammed this weekend for “hijacking” aid to bankroll big business, military and anti-immigration policies.
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6 Jun 16
Improving the performance of finance ministries around the world was the topic of a roundtable discussion at the UK’s Treasury.
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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3 Jun 16
The way the international community deals with fragile states needs an urgent rethink, according to the director of the London School of Economics’ International Growth Centre.
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3 Jun 16
Brazil’s economy has declined for the fifth consecutive quarter in what the finance ministry described as one of the deepest recessions in the country’s history.
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2 Jun 16
Nigeria is due to start a long-awaited programme to clean up the country’s oil-contaminated Ogoniland region in the Niger Delta, which will cost around $1bn.
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2 Jun 16
South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
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2 Jun 16
Government representatives described their experiences of managing rapidly growing cities in Asia and Africa at an event organised by the London School of Economics’ International Growth Centre...
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2 Jun 16
Tunisia has secured more than $8bn in loans from the European Union, the International Monetary Fund and the World Bank over the past month as the country seeks to revive its fragile economy.
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1 Jun 16
The World Bank has approved $175m to support communities hosting refugees in the Horn of Africa.
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1 Jun 16
The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
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1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
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1 Jun 16
Economic growth has not delivered better lives for citizens in many African nations, a report by think-tank the Legatum Institute has found.
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31 May 16
Rising inequality around the world could be connected to too-slow productivity growth, which has been a cause of concern for economists globally since before the financial crisis, the OECD has said.
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31 May 16
The delivery of health and education services in Tanzania has improved significantly, particularly in the areas of rural health infrastructure and teacher attendance, according to data from the World...
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31 May 16
Mexico has secured an increased line of credit from the International Monetary Fund, worth around $20bn more than the previous arrangement.
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31 May 16
Japanese prime minister Shinzo Abe is set to announce a delay in a planned sales tax increase until October 2019 amid concerns that the hike could hit growth.
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31 May 16
A treaty to end the double taxation of income in the UK and Algeria is to come into effect next year as part of efforts to increase trade between the two countries, a British Treasury minister has...
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31 May 16
The world’s least developed countries (LDCs) will need to ensure a good mix of finance instruments in order to achieve development goals, the United Nations Development Programme administrator Helen...