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16 Mar 20
Nearly 300 Saudi officials have been arrested during a crackdown on corruption, accused of offences including bribery, embezzlement and abusing their public positions.
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13 Mar 20
Sudan faces “daunting” challenges to its economy as the government tries to reform the country after decades under a dictatorship, the IMF has warned.
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13 Mar 20
The European Central Bank has deployed stimulus measures in an attempt to soften the economic blow of the coronavirus pandemic.
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12 Mar 20
The UK government risks retaliation from the US after confirming it will go ahead with its planned tax on internet giants such as Facebook and Google from April.
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10 Mar 20
Nigerian senate has approved a $22.7bn external borrowing plan, set out by president Muhammadu Buhari.
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10 Mar 20
Multinational companies could make a “significant contribution” to the sustainable development of many economies around the world if their profits and taxes were more transparent, according to a...
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10 Mar 20
Government bond yields across the world have plummeted, due to the combination of a sharp decline in oil prices and market uncertainty surrounding the coronavirus outbreak.
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9 Mar 20
Lebanon is set to default on its debts after the prime minister stopped a bond payment he said the government cannot afford while Lebanese people suffer.
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6 Mar 20
Power cuts and poor performance by the state-owned power company Eskom are “killing the economy” of South Africa, an economist has told PFF after the country entered its second recession in two years.
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6 Mar 20
World financial institutions and governments this week rushed to provide billions of dollars to fight the coronavirus outbreak and support the economy.
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5 Mar 20
The Indian cabinet has given the green light to merge 10 public sector banks into four with effect from 1 April.
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5 Mar 20
Ethiopia is looking to public-private partnerships to deliver new infrastructure projects in a bid to keep its debt level sustainable.
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4 Mar 20
Fears of the coronavirus outbreak hitting the economy have caused the US Federal Reserve to slash interest rates in the biggest single cut since the last financial crisis.
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3 Mar 20
Irish public finances face the threat of lower corporation tax receipts, as the OECD process to reform the global tax system approaches a “crucial” phase.
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3 Mar 20
A complete global transition to accrual accounting would result in better public services around the world, according to a new report.
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2 Mar 20
Coronavirus could push a number of nations into a recession under a worst case scenario outlined by the Organisation for Economic Co-operation and Development.
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2 Mar 20
A party vowing to stamp out corruption has been given a big win in the Slovakian parliamentary elections on Saturday by an electorate angry at graft.
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2 Mar 20
The IMF has secured enough money to wipe $334m of Somalia’s debt, bringing the beleaguered east African country one step closer to wholesale debt relief.
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28 Feb 20
European finance ministers are considering intervention in their economies to counter the impact of coronavirus outbreaks.
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28 Feb 20
Urgent development efforts are needed in fragile and war-torn countries in order to step up the global fight against extreme poverty, the World Bank has said.
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27 Feb 20
The UK government’s international departments are set for a shake-up, after prime minister Boris Johnson launched a review into how the country can face its “global opportunities and challenges”...
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27 Feb 20
Heads of various United Nations departments have released a joint statement asking for help money to fight locust swarms in East Africa, which they say are currently at an “unprecedented” level in...
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26 Feb 20
French president Emmanuel Macron’s deficit reduction plans have faltered due to deviations from his planned programme of cuts, according to the country’s national audit office.
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25 Feb 20
A trio of African nations has received a €9m grant from the European Investment Bank towards a hydropower project to supply renewable energy to millions of people.
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25 Feb 20
The coronavirus epidemic is having a noticeable impact on the global economy, IMF managing director Kristalina Georgieva has warned.