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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
Afghanistan’s weak collection of non-tax income has seen revenues dip below forecasts this year, economists at the World Bank have said.
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25 Aug 23
Governments shielding households and businesses from the spike in energy prices caused by Russia’s invasion of Ukraine meant environmentally harmful fossil fuels were subsidised at their highest ever...
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25 Aug 23
Argentina will receive another $7.5bn from its $44bn programme with the International Monetary Fund, now the fund’s executive board has completed its fifth and sixth reviews of the deal.
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22 Aug 23
Wartime corruption poses a threat to Ukraine’s survival and officials are working to target “truly top officials” engaging in graft, the chief of the country’s anti-corruption agency said.
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22 Aug 23
High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
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18 Aug 23
Millions of euros the European Union had planned to spend on programmes involving Russia and Belarus will now be spent with Ukraine and Moldova, in light of the ongoing war.
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17 Aug 23
Huge spending on social services in response to the shock of Covid-19 ensured European Union economies were disrupted as little as possible, and adapting to the new reality has provided lessons on...
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15 Aug 23
Plans to reform public procurement will help to boost US supply chains and contribute to the nation’s net zero goal, the federal government has said.
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9 Aug 23
A law restricting the rights of the LGBTQ+ community in Uganda undermines inclusion and has led to the World Bank suspending new loans.
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8 Aug 23
The New Zealand government is set to intervene to share the costs of purchasing homes and fixing infrastructure damaged by a recent cyclone.
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8 Aug 23
The Ecuadorian government is set to receive a $500m development loan from the World Bank to support climate mitigation and green economic development.
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4 Aug 23
A sovereign wealth fund will ensure Lebanon’s hoped-for future oil and gas revenues get proper oversight and management, and therefore help boost economic growth and meet public spending demands, the...
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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31 Jul 23
Argentina is set to receive a $7.5bn tranche of an International Monetary Fund bailout after pledging to raise taxes and rebuild foreign reserves.
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28 Jul 23
Ratings agency acts after defence spending increase
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27 Jul 23
Economic challenges for emerging countries to reach Net Zero could be solved by the West and China, says think tank
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25 Jul 23
Turkey gets export finance deal to start high-speed rail link
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24 Jul 23
A devaluation and new taxes are coming to help balance the books, IMF told.
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24 Jul 23
Post-election limbo is only the beginning
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21 Jul 23
$3bn loan won’t solve existing problems including food dependency
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21 Jul 23
A proposed €20bn long-term military support package will provide more “sustainable and predictable” financing for Ukraine, a senior European Union minister has said.
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21 Jul 23
Cancelling religious public holiday could increase revenue for NATO country
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18 Jul 23
Governments guaranteeing loans and a fund for countries in crisis are among plans for the World Bank to boost its lending power, as the bank’s new leadership faces up to its responsibilities amid...
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17 Jul 23
Fast progress on reducing Iceland’s budget deficit will help to rebuild fiscal buffers faster than expected and points to growing resilience in the government’s finances, ratings agency Moody’s has...