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5 May 16
British MPs have criticised the UK government for its “deeply disappointing” insistence that Saudi Arabia has not breached international humanitarian law (IHL) in the conflict in Yemen.
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4 May 16
Developing the private sector, creating jobs and tackling climate change are three key conditions for a “vibrant and sustainable” Asia, the Asian Development Bank president Takehiko Nakao has said.
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4 May 16
United Nations human rights experts have called on Beijing to repeal a controversial new law restricting the work of foreign NGOs in China.
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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.
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4 May 16
Future water shortages could spur migration, spark conflict and knock more than 10% off the size of some regions’ economies, the World Bank warned today.
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4 May 16
Climate risk insurance requires a strong and sustained public finance element if it is to reach the poorest people most affected by climate change, a report by Results UK argues.
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3 May 16
The new Asian Infrastructure Investment Bank has secured another co-financing deal with a well-established counterpart, the Asian Development Bank.
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3 May 16
Nearly one in three public service users in the Middle East and North Africa had to pay a bribe to access basic services in the last year, Transparency International has found.
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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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29 Apr 16
South Sudan has announced the formation of its long-awaited transitional unity government after rebel leader Riek Machar was sworn in as vice president earlier this week.
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29 Apr 16
The United Kingdom has suspended all financial aid to Mozambique following a “serious breach of trust” relating to more than $1bn worth of undisclosed debts.
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29 Apr 16
The African Development Bank is to loan Botswana $76.2m to support the country’s economic diversification plan.
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29 Apr 16
Argentina may be about to address its longstanding anti-corruption shortfalls, according to the OECD.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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28 Apr 16
A $2bn and rising funding gap threatens to hamper the global response to the El Niño weather pattern, the United Nations warned ahead of an appeal meeting earlier this week.
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28 Apr 16
South Sudan’s rebel leader Riek Machar has been sworn in as vice president, marking a significant milestone in plans for a national unity government that were almost derailed last week.
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28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
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28 Apr 16
Local governments’ recourse to capital markets is on the rise, fuelled by growing issuances in China, Fitch Ratings has found.
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26 Apr 16
Chile is missing out on potential economic growth and social wellbeing as a result of weak regulation, the OECD has warned.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.
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26 Apr 16
The European Commission has proposed an additional €414m to alleviate food crises sparked across the globe by a strong El Niño.
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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25 Apr 16
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.