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Rafizi: Govt to share details on subsidy rationalisation mechanism

KUALA LUMPUR: Economy Minister Rafizi Ramli said the government will share details on the subsidy rationalisation plan, including its criteria and implications soon. ....

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Global debt hits record $313 trillion in face of central bank tightening

The world's debt problem got a lot worse in 2023, according to a new Institute of International Finance report, hitting a fresh record of $313 trillion. ....

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RDNA3 updates Ukraine's recovery and reconstruction needs to $486 billion over next decade, up $75 billion from last year's estimate

As of Dec. 31, 2023 the total cost of reconstruction and recovery in Ukraine is estimated at $486 billion over the next decade, according to an updated joint Rapid Damage and Needs Assessment (RDNA3) released on Feb. 15 by the Ukrainian Government, the World Bank Group, the European Commission, and the United Nations. ....

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UN steps up criticism of IMF and World Bank, the other pillars of the post-World War II global order

From the ashes of World War II, three institutions were created as linchpins of a new global order. Now, in an unusual move, the top official in one — the ....

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South Asia's Unprecedented Shocks Compounding Challenges and Curbing Growth

By The World Bank Group ....

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