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9 Aug 23
A law restricting the rights of the LGBTQ+ community in Uganda undermines inclusion and has led to the World Bank suspending new loans.
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8 Aug 23
Dozens of countries will see their credit ratings cut unless the world cuts greenhouse gas emissions and slows climate change, research has suggested.
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8 Aug 23
The New Zealand government is set to intervene to share the costs of purchasing homes and fixing infrastructure damaged by a recent cyclone.
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8 Aug 23
The Ecuadorian government is set to receive a $500m development loan from the World Bank to support climate mitigation and green economic development.
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4 Aug 23
Repeated last-minute fixes to the US debt limit have hit confidence in the country’s government to such an extent that Fitch downgraded its rating, also warning of growing debt and rising deficits.
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4 Aug 23
A sovereign wealth fund will ensure Lebanon’s hoped-for future oil and gas revenues get proper oversight and management, and therefore help boost economic growth and meet public spending demands, the...
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4 Aug 23
A recent military coup will restrict access to finance and was a key driver in a double credit rating downgrade of Niger, Moody’s has said.
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1 Aug 23
Governments will lose nearly $5trn to tax havens in the next decade if the international system remains unchanged, campaigners have warned while hailing the prospect of tax “revolution” through the...
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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31 Jul 23
Argentina is set to receive a $7.5bn tranche of an International Monetary Fund bailout after pledging to raise taxes and rebuild foreign reserves.
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28 Jul 23
Ratings agency acts after defence spending increase
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27 Jul 23
Economic challenges for emerging countries to reach Net Zero could be solved by the West and China, says think tank
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27 Jul 23
Invasion of Ukraine isn’t holding back growth but inflation remains stubborn
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25 Jul 23
Turkey gets export finance deal to start high-speed rail link
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24 Jul 23
A devaluation and new taxes are coming to help balance the books, IMF told.
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24 Jul 23
Post-election limbo is only the beginning
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21 Jul 23
$3bn loan won’t solve existing problems including food dependency
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21 Jul 23
A proposed €20bn long-term military support package will provide more “sustainable and predictable” financing for Ukraine, a senior European Union minister has said.
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21 Jul 23
Cancelling religious public holiday could increase revenue for NATO country
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18 Jul 23
Governments guaranteeing loans and a fund for countries in crisis are among plans for the World Bank to boost its lending power, as the bank’s new leadership faces up to its responsibilities amid...
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17 Jul 23
Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...
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14 Jul 23
New technical work has brought a long-awaited solution for taxing giant digital companies forward, the OECD has said, but progress has been far slower than first hoped – and trade tensions are on the...
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14 Jul 23
Repeating broad-based energy subsidies would raise government spending, distort energy prices and fail to reduce use and should therefore be avoided, the European Union’s energy regulator has said.
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14 Jul 23
The Egyptian government has agreed to sell almost $2bn of state assets to meet the conditions of an IMF bailout.
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11 Jul 23
Candidate for EU membership gets help with cost-of-living crisis