The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The G-20 meeting in Washington on 15 November is an opportunity for India to help shape the new global economic architecture in line with its strategic interests. India should propose short-term crisis response actions and suggest a clear medium-term agenda.
Gordon Brown, prime minister, yesterday signed a clean energy co--operation agreement with a leading renewable energy company in the United Arab Emirates. Mr Brown is on the last leg of a tour of the region to raise money from oil-rich Gulf states for the International Monetary Fund, an effort which, …
As the collapse of the trade talks in Geneva in July made clear, there is no longer any meaningful trade negotiation without the main nations from the emerging world. The year 2008 may go down in history as the one in which rich countries discovered that this applies to macroeconomic …
Oil prices plunged below $130 a barrel yesterday, extending a sharp three-day decline and fuelling a second day of big gains in stocks that lifted Wall Street out of bear market territory. The continued fall in oil, which last week reached a record high of $147.27, combined with the rally …
In the face of an economic meltdown, Zimbabwe has suspended import duty on basic commodities for 90 days, with effect from May 12. The cost of imported basic commodities has sky-rocketed since the government floated the currency at an exchange rate of z $250 million to us $1. Previously the …
Poor nations have been given a little more say in the International Monetary Fund (imf). On April 28, members of the imf approved a proposal to give developing countries more power in the institution. The reform has increased voting rights of developing countries from 31.7 per cent to 34.49 per …
The current food crisis has been largely policy-driven, which is probably good news because it means that policies can also reverse the process. THIS is not a sudden and unexpected crisis: the signs have been around for some time now. Even though international bureaucrats have been referring to the current …
The inflationary process at the international level is pushed by factors that cannot be easily controlled. THE chances are that people under the age of 30 in most countries of the world would never have experienced price rises of the extent and rapidity of the past year. Globally, the prices …
Record global food prices will be on the agenda of the Group of Eight heads of state summit in July for the first time in almost 30 years, amid mounting concerns about the social, political and economic impact of the food crisis. The International Monetary Fund on Monday gave its …
High food prices are today a serious humanitarian concern. They are also a source of macroeconomic instability affecting budgets, trade balances and, of course, incomes almost everywhere in the world. Global rice prices have increased more than 50 per cent so far this year and most other food prices are …
When all goes well, thunderheads tower above India's southwestern state of Kerala in early June, drenching the region's vital rice fields and ensuring a bountiful harvest. From there the summer monsoon plods northward to soak the baking plains and irrigate vital breadbasket regions that feed 1.1 billion people before arriving …
UK's Brown Calls For G8 Action On Food Crisis US: April 11, 2008 WASHINGTON - British Prime Minister Gordon Brown on Wednesday called for a coordinated response led by the United Nations, World Bank and International Monetary Fund to address soaring food prices. In an April 8 letter, Brown asked …
Food price rise to worsen poverty situation: WB expert Khawaza Main Uddin Sharp rise in food grain prices in recent times will worsen poverty situation in poorer countries such as Bangladesh, making attainment of UN development goals by 2015 uncertain, says a World Bank expert.
The judgment one reaches on what the current year's Budget will do for farmers will vary depending on whether its provisions are seen as a sui generis exercise or are viewed within a longer term perspective that encompasses an awareness of the continuing and relentless drive to implement neoliberal policies …
Addressing climate change and the economic damage it will likely bring presents policymakers with a dilemma. The benefits of policy action are uncertain and would accrue largely to future generations, whereas the costs of policies run the risk of being more immediate and extensive. At the same time, the costs …
To avoid burdening consumers, the Sri Lankan government has turned down a request by the International Monetary Fund (IMF) urging the government to suspend its fuel subsidy. IMF suggested that the government raise fuel prices to avoid a backlash on the economy. Sri Lanka's government-owned Ceylon Petroleum Corporation currently incurs …
afghan debt relief: Afghanistan was recently granted interim debt relief meant for impoverished countries with heavy debt. Under the Heavily Indebted Poor Countries Initiative, Afghanistan will now have its net public and private debt payments cut by 51 per cent so that more funds can be utilised for healthcare, education …
>> Bolivian President Evo Morales recently announced that credits from the International Monetary Fund would be refused if they were accompanied with stiff conditions. >> 10 per cent of the Yellow River, China's second longest river, is made up of untreated sewage from factory discharges and urban centres, according to …
The author brings us face to face with the consequences of decisions taken by those far removed from the stench and struggle of slum reality. In his 1998 study, Cities in Civilization, the planner and scholar Sir Peter Hall endorsed an ancient optimism: belief in an umbilical link between urban …
