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23 Jan 24
Creating safe migration routes and supporting people displaced by climate change and military conflicts will cost almost $8bn this year, the UN’s International Organization for Migration has said.
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22 Jan 24
Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
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19 Jan 24
Could San Francisco be facing a ‘doom loop’ of its own making? And what are the lessons for other cities? PF investigates.
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18 Jan 24
Extreme weather events caused by climate change could lead to $12.5trn of economic losses and 14.5 million extra deaths by 2050 without decisive action to reduce carbon emissions, the World Economic...
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16 Jan 24
Artificial intelligence is likely to widen existing income inequality and will require comprehensive action from policymakers to protect the most vulnerable, the International Monetary Fund has said.
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16 Jan 24
A preliminary deal to restructure Ghana's bilateral debt could unlock almost $1.2bn of concessional finance to invest in “critical” public infrastructure, the nation’s Ministry of Finance has said.
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12 Jan 24
The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.
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5 Jan 24
US president starts election campaign with tech funding and budget warning to opponents
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15 Dec 23
A track record of sound economic management and measures to help reduce poverty in Somalia have prompted the International Monetary Fund and World Bank to approve $4.5bn of debt relief.
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14 Dec 23
Historic deal beats expectations on emissions.
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12 Dec 23
Concessional finance will support Togo’s public spending and help maintain progress on economic reforms to increase government revenues, the International Monetary Fund has said.
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8 Dec 23
Continued growth in oil revenues could help maintain Oman’s budget surplus and bring down debt, and has contributed to a credit rating upgrade by Moody’s.
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5 Dec 23
Investment programme to ‘prevent millions’ of climate-related deaths.
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4 Dec 23
Conflict will add to economic pressures as well as political instability.
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1 Dec 23
Hundreds of economists and climate experts have asked rich countries to cancel debt for lower income countries, which are often bearing the brunt of the climate crisis while being starved of the...
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1 Dec 23
An agreement in principle to restructure almost $6bn of outstanding debt is a milestone for Sri Lanka, according to a treasury minister.
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29 Nov 23
Political leaders must commit to reform to aid economic recovery, says official
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28 Nov 23
Business as usual not an option, says World Bank.
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24 Nov 23
Decision ramps up global response to evasion.
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23 Nov 23
The European Commission has agreed to an advance payment of €5bn from Poland’s Covid-19 recovery plan, but future funding depends on rule-of-law reforms.
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21 Nov 23
Zambia’s official creditors have objected to a deal the government made with private bondholders to restructure $3bn of eurobond debt.
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20 Nov 23
Partnerships with countries not ‘closed shop’ says FCDO.
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14 Nov 23
Oman’s decision not to compete with its neighbours is paying dividends, writes international consultant Robert Ravelli.
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10 Nov 23
Millions of Thai people will receive 10,000 baht (£228) from the government in a move the prime minister hopes will boost the country’s sluggish economy.
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9 Nov 23
Raising contribution rates from member nations would reduce the International Monetary Fund’s need to borrow, the fund has said while proposing an extra 50%.