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11 Jul 23
Reserves to be bolstered by controversial deal
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11 Jul 23
African nation resilient despite challenges but must accelerate changes
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7 Jul 23
Baltic state becomes 32nd member of the group after an “exceptional” increase in aid spending
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7 Jul 23
The Turkish government is set to hike corporation taxes and vehicle duties to help fund the reconstruction costs from devastating earthquakes earlier this year.
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6 Jul 23
Governments could face “materially lower” revenues if they are unprepared for the increased use of cryptocurrencies, economists at the International Monetary Fund have warned.
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4 Jul 23
Continued delay to reforms in Lebanon pose “the largest risk to the outlook” of a country now in its fourth year of economic crisis while also limiting external financial help, the International...
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4 Jul 23
Germany will not see tax rises in 2024 despite finance minister Chrisian Lindner’s insistence on returning the country to its ‘debt brake’ rule needing a €20bn austerity package.
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4 Jul 23
Headline inflation across the OECD has continued to fall, hitting the lowest level since before Russia’s invasion of Ukraine.
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30 Jun 23
Ukraine is set to receive a $1.5bn concessional loan from the World Bank to fund reforms and support its continued response to the Russian invasion.
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30 Jun 23
A short-term $3bn financing deal is hoped to give Pakistan enough liquidity to see out its current challenges, but the country faces a warning that it needs policy discipline in the coming months.
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29 Jun 23
Governors of major central banks have said there is more “ground to cover” on interest rates, despite concerns over economic slowdowns.
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26 Jun 23
Governments should raise taxes or cut spending in a bid to reduce the burden on monetary policy in the fight against inflation, a central bank body has argued.
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23 Jun 23
Zambia’s bilateral creditors have agreed a deal to restructure billions of dollars worth of loans through the G20’s much-criticised ‘common framework’.
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23 Jun 23
Bahrain’s state investment fund Mumtalakat is increasing its holding in the motor racing and high-end sports car maker.
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23 Jun 23
Turkey has nearly doubled its interest rates, reversing its longstanding controversial approach of loosening monetary policy to deal with extraordinarily high inflation.
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20 Jun 23
Finance ministries have an important part to play in dealing with the climate crisis, a group of ministers have said as they publish a guide for embedding green considerations into financial decision...
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20 Jun 23
Taxes on the world’s richest people and debt cancellation could help to fund climate change mitigation and adaptation projects in poorer countries and reverse growing inequalities, experts have said.
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19 Jun 23
Governments across the world will fail to fund the transition to net zero without reversing trillions of dollars of agriculture, fishing and fossil fuels subsidies, economists at the World Bank have...
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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
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16 Jun 23
US senators have tabled a bill that would allow the transfer of seized Russian government assets to Ukraine to fund its reconstruction after being devastated by war.
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14 Jun 23
The South African government is set to rubber stamp reforms that could pave the way for universal healthcare ending a two-tier system.
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13 Jun 23
The European Union has agreed a package of more than €1bn with Tunisia containing significant support for the latter’s border controls, as well as finance linking to other areas of reform.
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13 Jun 23
The Gambia is set to receive the final tranche of a $94m International Monetary Fund development package.
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12 Jun 23
The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
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9 Jun 23
The wide scope of European Union development spending in other countries could limit the programme’s impact, the bloc’s spending watchdog has warned.