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23 Sep 20
Zambia has asked to suspend debt service payments for six months to allow it to deal with the Covid-19 hit to its public finances.
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22 Sep 20
Covid-19 and lower yield from oil exports threatened to derail Angola’s efforts at economic recovery, but the IMF has lauded the government’s efforts to keep reforms on track.
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22 Sep 20
The European Central Bank will allow itself to buy bonds with coupons linked to sustainability performance targets from next year, it has said, also announcing that these bonds will be eligible as...
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18 Sep 20
New Jersey has adopted a so-called ‘millionaires tax’ in light of the fiscal pressures of Covid-19.
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17 Sep 20
More than 40 finance and health ministers from across the Asia Pacific region have pledged their support for universal health coverage.
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15 Sep 20
Fraudsters are increasingly targeting EU climate funds, the European Union’s anti-fraud office has warned.
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15 Sep 20
Nigerian health workers have begun a strike over demands for an allowance for dealing with Covid-19 patients.
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14 Sep 20
The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
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14 Sep 20
An equal number of men and women will lead the International Public Sector Accounting Standards Board for the first time, following the appointment of three new members.
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11 Sep 20
European leaders have approved a €6.2bn increase to this year’s EU budget to fund the development of Covid-19 vaccines and address other effects of the pandemic.
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11 Sep 20
Finland hopes to make public procurement more responsible, increasing its positive impact on the environment, society and the economy.
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10 Sep 20
Asian countries have been urged to address the youth unemployment crisis caused by Covid-19, by using schemes such as wage subsidies and large-scale public employment programmes.
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8 Sep 20
Lebanon’s failure to meet the World Bank’s conditions for the financing of a dam has led to the project being cancelled, losing the country millions of dollars as it still reels from the August...
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8 Sep 20
Japan is set to spend 671.4bn yen (£4.86bn) from its emergency budget reserves to secure vaccines for Covid-19.
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7 Sep 20
The Netherlands is launching a national growth fund to help boost the country’s future prosperity and fortify the economy against future downturns.
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7 Sep 20
Sweden plans to invest billions of kronor in healthcare and help for the elderly, along with giving local governments large cash boosts, as the country recovers from the Covid-19 pandemic.
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4 Sep 20
Just one-quarter of recommendations made by the EU to member states were fully or substantially implemented in seven years, leading to slow progress in areas such as poverty alleviation, auditors...
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4 Sep 20
Raising taxes too quickly would risk harming countries’ economic recovery from the effects of Covid-19, the OECD has warned.
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4 Sep 20
South Africa’s auditor-general found a “high risk” of fraud and abuse in the country’s multi-billion rand Covid-19 stimulus package, with money having been improperly paid out and serious fears of...
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2 Sep 20
Cambodia has received approval on a $250m loan from the Asian Development Bank, to help with the country’s response to Covid-19.
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2 Sep 20
The French Government has warned that Lebanon has eight weeks to outline its governmental reforms if it is to receive disaster relief following the explosion that rocked the nation’s capital Beirut...
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2 Sep 20
The UK will reform the body that scrutinises its aid spending as it merges its international development department with the Foreign Office, the government has announced.
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28 Aug 20
The US Federal Reserve has adopted a new monetary policy strategy, which will be more accommodating of temporary increases in inflation.
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28 Aug 20
Japanese prime minster Shinzo Abe is to resign as leader of the nation due to ill health.
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27 Aug 20
The Swedish Government is set to spend an “historic” SEK 100bn ($11.5bn) in its upcoming budget, in bid to help the country’s economic recovery from Covid-19.