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5 Mar 24
Adopting reforms to reduce Iraq’s reliance on oil revenue and improving financial management will be key to prevent debt rising, the International Monetary Fund has said.
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1 Mar 24
The UN has called on governments to invest in equality to get a return on a range of issues from reduced violence to climate change.
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27 Feb 24
Low debt and a resilient economy have contributed to Sweden keeping its AAA credit rating from Moody’s, despite 2024 being tipped to see GDP decline for a second consecutive year.
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23 Feb 24
Ukraine’s strong performance on economic reforms despite the ongoing war has prompted the International Monetary to move towards releasing $880m of concessional support.
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22 Feb 24
Opening accession talks represents a “historic” moment for Indonesia, the OECD said as the country seeks to become an advanced economy by 2045.
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20 Feb 24
High lending to nations with low credit ratings could leave the African Export-Import Bank exposed to risks such as debt restructuring, contributing to ratings agency Moody’s lowering its credit...
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20 Feb 24
Concessional loan support will finance projects to improve resilience against climate change such as those that reduce vulnerability to flooding and coastal erosion, the International Monetary Fund...
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15 Feb 24
The reconstruction and recovery of Ukraine is expected to cost close to $500bn, experts have warned – much higher than an initial estimate made last year.
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15 Feb 24
A bill that would deliver military assistance and aid to Ukraine and Israel has moved one step closer following Senate approval.
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15 Feb 24
New York plans freight shift to achieve net zero
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13 Feb 24
Three loans will finance Colombia’s programme of social and development reforms, with policies aiming to address inequality, protect the environment and maintain peace with militant groups.
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13 Feb 24
Cutting expensive fuel subsidies and efforts to reform its tax system show the Nigerian government is starting to tackle the economy's “deep-rooted” structural issues, the International Monetary Fund...
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9 Feb 24
Procurement deal with US and a bond buy-back scheme raise profile
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6 Feb 24
Developing countries will be unable to raise the $3trn a year necessary to meet climate change and Sustainable Development Goals without a significant reduction in debt costs, researchers have warned...
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6 Feb 24
IMF calls for social housing and ‘cleanup’ of distressed developers
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5 Feb 24
Falling inflation could give central banks scope to cut interest rates this year, the OECD has said.
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2 Feb 24
Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
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2 Feb 24
Gaza’s economic recovery after the war could take up to 70 years without a properly funded support programme, a United Nations agency has warned.
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30 Jan 24
Proposals to set global ethical standards for scrutinising sustainability information will help reduce greenwashing, a watchdog has said.
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30 Jan 24
Billions of euros of research and innovation funding in the 2010s were a “significant driver” of economic growth across Europe, with tangible benefits for future productivity, the European Commission...
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26 Jan 24
Rebuilding damaged infrastructure across eastern Libya following devastating floods could cost around $1.8bn, a joint report from the World Bank, United Nations and European Union has found.
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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.
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23 Jan 24
Creating safe migration routes and supporting people displaced by climate change and military conflicts will cost almost $8bn this year, the UN’s International Organization for Migration has said.
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23 Jan 24
Fitch predicts interest rate cuts due this year.