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MDB capital ice floes begin to move as G20 report heats up action
Panel suggestions for MDBs to become less cautious have won powerful backers
Political strife hinders multilateralism amid burning need for co-operation
At a crucial juncture, G20 and IMF’s key policy committee fail to agree on joint statements
Common Framework not enough in face of rising debt distress
Progress is slow ondebt restructuring as developing countries feel the squeeze and so-called middle income economies do not qualify
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First deal relieves risk on $1bn of loans, second will create synthetic equity -
Asia - Macro - Country analysis
With Chinese growth forecast to underperform Asia for the first time in 30 years, analysts have told GlobalMarkets that put the government under pressure
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The future of Sri Lanka and Pakistan, and that of other frontier countries on the edge of debt default, is dependent on support from multilateral development banks and other international financial institutions
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Former Indian central bank governor Raghuram Rajan tells GlobalMarkets that emerging markets must turn their climate change rhetoric into action rather than simply carp from the sidelines
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February 24, 2022, the day of the full-scale Russian invasion of Ukraine, will go down as a tragic date not only for the Ukrainian people, but also for the whole civilised world.
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Analysts are worried that India’s demand recovery will remain weak and is unlikely to be the growth driver it was before the pandemic
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The recent refocusing of Australia’s foreign policy on the Pacific islands has largely been driven by fears about China, foreign policy experts tell GlobalMarkets
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Diversification away from China has been the most visible learning from the trade wars and pandemic disruption, industry experts tell GlobalMarkets
Sponsored content
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Sponsored by European Investment Bank
EIB makes climate finance mainstream as taxonomy unlocks standards
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Sponsored European Investment Bank
EIB emphasises development as Covid exposes global economic weakness
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Awards
Awards
Mohammed al Jadaan, Saudi Arabia
Saudi Arabia’s smart, innovative and much-needed fiscal response to Covid-19 has gone down well with investors.
Ziad Fariz, Jordan
Jordan was swift to provide liquidity and bring in a package of stimulus measures when the crisis struck.
Fahad Al-Saif, Saudi Arabia
The Gulf state is extending its curve and sourcing new channels of funding to meet its fiscal objectives.
Ernest Kwamina Yedu Addison, Ghana.
Sri Mulyani Indrawati, Indonesia
Indonesia has responded to Covid-19 in a robust fashion, guided by a finance minister who won’t take her eye off the long-term plan.
