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14 Jan 19
A proposal by the government of Zimbabwe to raise civil servants’ pay by 10% has been rejected by public service unions.
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11 Jan 19
The World Bank and Bangladesh have signed a $250m agreement to create more jobs to boost economic growth in the south Asian country.
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8 Jan 19
Tough talk will not help the new president resolve an explosive fiscal predicament, writes Gavin O’Toole.
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8 Jan 19
World Bank president Jim Yong Kim has resigned from his post three years before he was due to leave.
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3 Jan 19
Uganda’s budget deficit could narrow to 6% of gross domestic product in the next year due to investment in large hydropower projects, it has been reported.
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3 Jan 19
Rising borrowing costs for developing countries should be tackled to avoid a “full-blown debt crisis”, campaigners have warned.
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19 Dec 18
The Islamic Development Bank has approved $281.55m for development projects in its member states, it announced this week.
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19 Dec 18
The UK has pledged £100m extra funding to renewable energy projects in Africa giving hundreds of thousands access to electricity, the government has announced.
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14 Dec 18
The UK’s International Development Committee has launched an inquiry on the government's progress towards meeting the Sustainable Development Goals.
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14 Dec 18
The Asian Development Bank and Pakistan have signed an agreement worth $284m to provide a more stable and secure electricity supply in the country.
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14 Dec 18
The Western Balkans is one of the most polluted regions in Europe. The good news is that alternative, cleaner energy sources are becoming more viable, say Jakov Milatovic and Damin Chung of the...
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13 Dec 18
Attempts to make aid spending by private organisations more transparent continued to stall, which NGOs have warned could harm some of the world’s poorest communities.
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12 Dec 18
Mexico will invest more than $30m in its southern states over the next five years to boost economic growth and tackle migration in and out of the country, the foreign minister has said.
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11 Dec 18
The European Commission has approved €350m in public funding to help shift German freight traffic from road to rail to reduce congestion and fuel emissions.
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11 Dec 18
Egypt could spend billions more on education and health using its current reforms to attract more private sector finance for infrastructure development, the World Bank has said.
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10 Dec 18
Meeting internationally agreed climate goals could save trillions of dollars lost as a result of air pollution globally, according to the World Health Organization.
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10 Dec 18
International donor funding to prevent terrorism and improve security in the African Sahel countries is set to rise to over €1bn.
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7 Dec 18
During the IFAC Professional Accountancy Organization Development Committee meeting in October 2018, committee members engaged in a day of creative thinking about the future-ready PAO. CIPFA’s Alan...
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6 Dec 18
Luxembourg is set to become the first country in the world to make all public transport free, as the government prioritises the environment.
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6 Dec 18
People in Liberia are stealing over half the electricity generated annually diverting cash away from extending power supply, the state-owned power utility has said.
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6 Dec 18
Kenya has announced plans to provide universal access to electricity by 2022 in partnership with the World Bank.
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5 Dec 18
Russia is on track to meet its goal of halving the number of people in poverty by 2024 even if the country’s growth continues to grow ‘modestly’, the World Bank has highlighted.
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4 Dec 18
The world’s most powerful economies have agreed to improve the global trading system as US president Donald Trump delays Chinese tariffs.
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3 Dec 18
The Pacific island nation of Kiribati will be supported to improve its public finances and boost economic growth through better regulation.
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3 Dec 18
International aid earmarked for climate projects increased by 17% to $56.7bn in 2017, continuing a trend of rising funding for this area, OECD data showed.