Union budget 2023-24
Finance Minister has presented the Union Budget 2023 in Parliament. Among the key takeaways are big incentives under the new income tax regime and a big push in capex. As the Finance Minister presented
Economy
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Asia–Pacific employment and social outlook 2022: rethinking sectoral strategies for a human-centred future of work
Labour markets are recovering from the COVID-19 crisis in Asia and the Pacific, but now face new challenges like inflation and geopolitical tensions. The report gives the regional labour market context
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Nigeria public finance review: fiscal adjustment for better and sustainable results
Macroeconomic and fiscal reforms are urgently needed to lift Nigeria’s development outcomes, which are severely constrained by inefficient use of resources, argues the new Nigeria Public Finance Review
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Southern Africa Economic Outlook 2022
The economic outlook for Southern Africa will be affected by an additional threat that arises from global warming. The 13 countries are intertwined in a climate-water-energy-food nexus with a high reliance
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West Africa Economic Outlook 2022
Chapter 1 of this report looks at these conditions in some length. The analysis covers all the 15 member countries of the Economic Community of West African States (ECOWAS): Benin, Burkina Faso, Cabo Verde,
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Central Africa Economic Outlook 2022
Risk factors that could affect the economic outlook are present and relatively prevalent, despite signs that the COVID-19 health crisis could ease significantly. Continuation of the war in Ukraine and
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North Africa Economic Outlook 2022
In 2021, North Africa showed strong signs of recovery from a downturn in 2020 due to the global pandemic and concomitant oil price collapse. The policy responses of governments helped mitigate the effect
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Financing India’s urban infrastructure needs: constraints to commercial financing and prospects for policy action
A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs
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The Least Developed Countries Report 2022: the low-carbon transition and its daunting implications for structural transformation
As nations convene for the 27th UN Climate Conference (COP27), the UN Conference on Trade and Development (UNCTAD) has set out the actions needed to ensure global efforts towards a low-carbon future don’t
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East Africa Economic Outlook 2022
The African Development Bank’s East Africa Regional Economic Outlook 2022 reviews the economic performance of 13 East African countries over the past year with short- to medium-term projections. The countries
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Unleashing sustainable finance in Southeast Asia
Climate change mitigation and adaptation efforts are urgently needed across Southeast Asia. The financial sector can play a critical role in supporting countries in their journey toward greater resilience