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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.
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22 Sep 23
Poor countries cannot fund it and pay debts, report warns
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21 Sep 23
Major economies urged to help developing nations
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20 Sep 23
Spain’s July general election left the country in a state of uncertainty.
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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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19 Sep 23
Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
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18 Sep 23
The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
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15 Sep 23
New Zealand’s budget will not return to a surplus until 2026-27 according to its latest forecast – a year later than previously planned.
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15 Sep 23
One in six children worldwide lives in extreme poverty and at the current rate the commitment to reduce that to zero by the end of this decade will be missed.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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12 Sep 23
More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
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12 Sep 23
Wealthy nations directed $1bn of aid over a decade to the “war on drugs” and therefore contributed to human rights abuses across the globe, campaigners have said.
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12 Sep 23
Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
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8 Sep 23
Plans to bring new countries into the BRICS economic bloc might not have many economic benefits in the near future, an analyst has warned.
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8 Sep 23
Providing emerging markets with $15bn of grants and concessional loans would help “unlock” offshore wind accelerating progress on net zero, the World Bank has said.
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5 Sep 23
Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
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5 Sep 23
High inflation and a lower-than-expected grant allocation have prompted the Croatian government to propose €4bn additional support from the European Union to fund its post-pandemic recovery programme...
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5 Sep 23
The South African government is set to close the department that oversees state companies and launch a new holding company to improve management.
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1 Sep 23
Better understanding the scale and character of corruption will allow the world to push forward with eradicating it and spending that would-be-lost money on development, a senior figure at the United...
3 Oct 23Most 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.
2 Oct 23Forecast 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.
29 Sep 23Financial support from Switzerland and the US will help supreme audit institutions improve public financial management and accountability in developing countries.
29 Sep 23Morocco 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.
26 Sep 23Proposals 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.
26 Sep 23The US government’s triple-A credit rating could be threatened by a government shutdown, analysts warned amid a Congressional impasse.
22 Sep 23Poor countries cannot fund it and pay debts, report warns
21 Sep 23Major economies urged to help developing nations
20 Sep 23Spain’s July general election left the country in a state of uncertainty.
19 Sep 23High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
19 Sep 23Sustained progress on reforms and resilient growth expectations were key contributors to an upgrade in Greece’s credit rating, moving the nation closer to recovering its investment grade rating,...
18 Sep 23The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
15 Sep 23New Zealand’s budget will not return to a surplus until 2026-27 according to its latest forecast – a year later than previously planned.
15 Sep 23One in six children worldwide lives in extreme poverty and at the current rate the commitment to reduce that to zero by the end of this decade will be missed.
12 Sep 23More than $12bn of cash injections from the government and a lower profit sharing rate will not be enough to get Mexico’s state oil company back to sustainability, although it will help in the short...
12 Sep 23Wealthy nations directed $1bn of aid over a decade to the “war on drugs” and therefore contributed to human rights abuses across the globe, campaigners have said.
12 Sep 23Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
8 Sep 23Providing emerging markets with $15bn of grants and concessional loans would help “unlock” offshore wind accelerating progress on net zero, the World Bank has said.
5 Sep 23Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
5 Sep 23High inflation and a lower-than-expected grant allocation have prompted the Croatian government to propose €4bn additional support from the European Union to fund its post-pandemic recovery programme...
5 Sep 23The South African government is set to close the department that oversees state companies and launch a new holding company to improve management.
1 Sep 23Better understanding the scale and character of corruption will allow the world to push forward with eradicating it and spending that would-be-lost money on development, a senior figure at the United...
