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31 Oct 23
New deal dependent on public sector improvements and reduced inequalities.
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31 Oct 23
Tech firms face new safety regulations and anti-fraud measures, and bias prevention laws target the US public sector
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27 Oct 23
A preliminary agreement to restructure more than $3bn of Zambian government debt will pave the way for future agreements and release more funding to aid developments, the nation’s finance minister...
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24 Oct 23
A minimum international tax charged on the world’s wealthiest people would raise $214bn a year, the EU Tax Observatory has said.
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24 Oct 23
Reform could push Romania’s national income up by nearly three times in 30 years, and it can do so while the government continues to meet its climate targets, the World Bank has insisted.
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20 Oct 23
Disruption to Israeli economy and attention shifting away from Ukraine are key issues.
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18 Oct 23
The European Union has affirmed its ambition to increase climate finance for developing nations ahead of the United Nations’ annual summit.
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17 Oct 23
Political challenges and social pressure could derail the incoming Ecuadorian president’s efforts to reform the economy, analysts have said, despite his defeated rival promising to work with him in...
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13 Oct 23
“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
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13 Oct 23
Debt restructuring takes time but the trend is that the G20’s common framework is yielding faster results, the IMF’s managing director has said when defending the programme from criticism.
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13 Oct 23
Two European countries will put surplus revenues into wealth funds, hoping to make current windfalls and fiscal discipline contribute to future sustainability.
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10 Oct 23
The central bank of Morocco has purchased two $100m sustainable development bonds from the World Bank as the region hosts the lender’s joint annual meeting with the International Monetary Fund.
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10 Oct 23
Persistent inflation and the impacts of high interest rates are set to slow growth next year as the global economy continues “limping”, the International Monetary Fund has said.
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10 Oct 23
Progress on the majority of reforms linked to a $3bn financing agreement should see the IMF release the second tranche of funding, analysts have said.
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6 Oct 23
Declining growth in the Middle-East and North Africa will hit livelihoods and hurt long-term development, World Bank economists have said.
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6 Oct 23
Continued use of foreign reserves and rising borrowing costs have led to Egypt’s credit rating being downgraded by ratings agency Moody’s.
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6 Oct 23
Costs associated with climate change could hit Irish public finances by at least €6bn a year from 2030 onwards, its fiscal advisory council has warned.
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3 Oct 23
The European Commission has agreed to more than double Spain’s recovery and resilience plan to increase investment in sustainability and renewable energy.
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3 Oct 23
Most countries in South Asia will not become ‘high-income’ economies within a generation because the region is not growing fast enough, according to the World Bank.
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2 Oct 23
Forecast budget surpluses and a steady decrease in government debt were key contributors to an upgrade in Cyprus’s credit rating, Moody’s has said while announcing the change.
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29 Sep 23
Financial support from Switzerland and the US will help supreme audit institutions improve public financial management and accountability in developing countries.
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29 Sep 23
Morocco is set to receive a $1.3bn loan from the International Monetary Fund to help resilience against climate change and natural disasters, just weeks after it was hit by a devastating earthquake.
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28 Sep 23
Slow progress on reforms aimed at delivering financial stability in Sri Lanka has prompted the International Monetary to withhold the second tranche of a $3bn bailout.
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26 Sep 23
Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
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26 Sep 23
The US government’s triple-A credit rating could be threatened by a government shutdown, analysts warned amid a Congressional impasse.