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7 Apr 16
America’s international development agency USAID has announced nearly $139m worth of humanitarian aid for war-torn Yemen, often dubbed the world’s largest forgotten emergency.
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7 Apr 16
The executive board of troubled Malaysian national development fund 1MDB have today offered their resignations following a damning report into the scandal from the country’s Public Accounts Committee...
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7 Apr 16
There is “no adequate data” to demonstrate that European Union support for farmers’ incomes makes an effective or efficient contribution, the European Court of Auditors has said.
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7 Apr 16
Somalia and Angola have both begun discussions with the International Monetary Fund for support as their economies struggle under the weight of tumbling oil prices and insecurity respectively.
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6 Apr 16
World Bank president Jim Yong Kim has called on world leaders to focus on boosting developing countries’ economies to “pull the roots” of extremism and prevent future refugee crises.
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6 Apr 16
The International Monetary Fund has welcomed Rwanda’s plans to shelve non-priority spending and dampen demand for imports as low commodity prices deal a hard blow to revenues.
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6 Apr 16
The European Commission has announced a €100m development package to address the root causes of irregular migration and forced displacement in Sudan.
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6 Apr 16
Health needs from humanitarian emergencies have hit an “all-time high” according to the World Health Organisation, which is appealing for $2.2bn for its work in 2016.
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6 Apr 16
Iceland’s prime minister Sigmundur Davíð Gunnlaugsson has stepped down after revelations in the Panama Papers put him at the centre of a dramatic political crisis.
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5 Apr 16
A new big data tool, launched today in the Philippines, looks set to help manage traffic flows in congested city streets across southeast Asia.
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5 Apr 16
Germany may be a bright spot in the otherwise weak global recovery but challenges, in particular the effective integration of refugees, nevertheless lie ahead, according to the OECD.
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5 Apr 16
International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
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5 Apr 16
Helen Clark, the head of the United Nations Development Programme, has announced she will run to succeed Ban Ki-Moon as the next UN secretary general.
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5 Apr 16
Substantial levels of corruption tied to foreign interests are flying too far under the radar in Africa, according to a United Nations report, which calls for new forms of measurement to capture the...
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4 Apr 16
International Monetary Fund managing director Christine Lagarde has dismissed allegations that the fund is trying to push Greece to default as “simply nonsense” in a letter to Greek prime minister...
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4 Apr 16
The US development agency USAID has announced almost $68m worth of additional humanitarian aid for Sudan, which has the third highest prevalence of malnutrition worldwide.
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4 Apr 16
The African Development Bank has announced a $549m package to respond to severe drought across eastern and southern Africa.
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4 Apr 16
Portugal has missed its 2015 fiscal deficit target and looks set to remain under the European Union’s excessive deficit corrective measures as a result, the International Monetary Fund has said.
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4 Apr 16
Ukraine’s economy could turn around from a 10% contraction last year to 1% growth this year if the government can make progress on reforms, the World Bank has said.
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4 Apr 16
Transparency International has called for laws to shed light on the most secretive avenues of the global financial system in the wake of the “Panama Papers”.
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4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
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1 Apr 16
Tax revenues in some African countries have risen by up to almost 7% since 2000, making a key contribution to economic development, the OECD has found.
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1 Apr 16
The monitoring of public money used to leverage private sector investment in development could be enhanced through greater harmonisation between different actors, delegates at the Overseas...
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1 Apr 16
The African Development Bank has approved a $228m loan to upgrade 172 kilometres of road that forms part of a trade route linking Kenya, Tanzania and South Sudan.
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31 Mar 16
The International Monetary Fund has announced it will close its office in Nicaragua in August as the country’s economy has stabilised following two decades of close supervision.