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The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund to humanitarian agencies, people familiar with the plans told Reuters, but it leaves out tens of thousands of public sector workers and remains complicated by U.S. sanctions. ....
Nigeria's 2022 budget does not have a provision for a 2.4 trillion naira ($6 billion) transport subsidy, the Senate Committee Chairman on Finance said on Thursday. ....
Four groups of influential Democratic lawmakers urged U.S. Treasury Secretary Janet Yellen on Tuesday to back the issuance of $2 trillion in additional emergency reserves by the International Monetary Fund to help poor countries still struggling with the COVID-19 pandemic. ....
Nigeria needs to end its costly petrol subsidy within the next three-to-six months, improve exchange-rate management and speed up other reforms to boost growth, the World Bank said on Tuesday. ....
There should be more women at the top of multilateral organisations to help alleviate the financial impact of climate change, Amanda Blanc, chief executive of British insurer Aviva and chair of a climate action group, said. ....