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  • Brazil’s economy minister Paulo Guedes tells GlobalMarkets how $150bn from oil auctions, $220bn from pension reform and a potential bonanza from privatisations will bring the fiscal deficit to beat the government’s target
  • Libya’s central bank governor, Saddek Elkaber, tells GlobalMarkets that his country has had to box clever when it comes to development finance
  • SSA
    Multilateral development banks including the International Finance Corporation and those covering Latin America and African have been accused of funding schemes that lead a loss of tree cover despite their environmental pledges
  • SSA
    In a rare interview, the head of the New Development Bank set up by the Brics nations, KV Kamath, tells GlobalMarkets of his vision of attracting a host of new members that his finance director believes will lead to lending volumes quadrupling within less than a decade
  • Ma Jun, a green activist who also sits on the monetary policy committee of the Chinese central bank, tells GlobalMarkets that multilateral development banks need to focus on risk mitigation, reduce the risk of default on demonstration projects and help local banks deliver more lending if they want to deliver on financing green infrastructure
  • Heavy debt burdens are forcing African countries to either renegotiate loan terms with China, or ask for debt forgiveness, with some blaming China’s lack of attention to debt sustainability.