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15 Apr 20
CIPFA is to launch a financial management training programme in partnership with the United Nations International Fund for Agricultural Development.
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14 Apr 20
The IMF has wiped six months of debt repayments for 25 of the world’s poorest countries, to give them space to deal with the coronavirus pandemic.
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14 Apr 20
A new $10bn fund has been announced by the African Development Bank to help the continent’s governments respond to the coronavirus pandemic.
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7 Apr 20
Millions of job losses resulting from the coronavirus pandemic are putting governments around the world under huge financial pressure to meet unemployment payments.
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7 Apr 20
Nigeria has asked for nearly $7bn from multilateral lenders to help it fight the impact of the coronavirus pandemic after its economy was hit by falling oil prices.
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6 Apr 20
CIPFA member Peter Welch has been appointed chair of an Accountancy Europe expert group that pushes for sustainability and transparency for the continent’s public finances.
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6 Apr 20
The Asian Development Bank has sold its largest-ever single tranche of bonds as it strives to continue its work amid the coronavirus crisis.
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2 Apr 20
Developed nations should put together a $2.5trn rescue package to help protect developing economies from the fallout of the coronavirus pandemic, the UN has said.
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2 Apr 20
The coronavirus crisis has shown the EU’s fiscal rules to be in immediate need of reform, senior economists at Finland’s national audit office have claimed.
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31 Mar 20
Unless anti-corruption measures are implemented during the coronavirus crisis, corruption will lead to people dying, according to campaign group Transparency International.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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30 Mar 20
Governments need to take “stronger, more coordinated measures” to absorb the economic impact of the coronavirus pandemic, the OECD has said, predicting each month of lockdown will knock two...
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27 Mar 20
The European Central Bank has waived the current limit on the amount of a government’s bonds it can buy in response to the Covid-19 outbreak.
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27 Mar 20
The IMF has approved its first emergency loan to help a member country address the challenges posed by the Covid-19 pandemic.
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26 Mar 20
The International Monetary Fund and World Bank are calling on G20 countries to step up debt relief for poorer nations, during the coronavirus pandemic.
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26 Mar 20
Somalia has been successfully granted debt relief by the International Monetary Fund and World Bank, as it looks to ease its $5.2bn debt.
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24 Mar 20
The coronavirus outbreak will cause the US economy to contract by 24% in the second quarter of 2020, according to Goldman Sachs’ latest predictions, as the government prepares a $2trn stimulus...
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24 Mar 20
The US has reduced the amount of aid it will send to Afghanistan this year by $1bn, in response to politicians’ failure to agree a unity government.
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.
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24 Mar 20
Increased borrowing costs and falling income from commodities amid the coronavirus pandemic are making poor countries’ debt crises even worse, according to the Jubilee Debt Campaign.
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19 Mar 20
An emergency €750bn package has been launched by the European Central Bank as it tries to soften the blow of the coronavirus pandemic in the eurozone.
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18 Mar 20
The economic impact of the escalating coronavirus pandemic is “much worse than feared”, and the world economy is probably already in a recession, according to ratings agency Standard & Poor’s...
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18 Mar 20
Chad is paying back a $100m loan from Angola with thousands of cattle, the Angolan state-run newspaper has reported.
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17 Mar 20
France is mobilising €45bn to help keep its economy afloat, the finance minister announced, after president Emmanuel Macron declared the country was “at war” with the coronavirus.
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17 Mar 20
A €1bn package of support for economies hit by the coronavirus pandemic has been unveiled by the European Bank for Reconstruction and Development.