IMF: ‘Less severe’ but ‘still deep’ recession predicted
In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could see a “somewhat less severe, though still deep” recession...
Debt Burden of LDCs continues to climb to a record $744 billion in 2019
In response to an urgent need for greater debt transparency, the latest edition of the International Debt Statistics (IDS) report provides more detailed and...
BRICS commitment to jobs, social protection & social dialogue welcomed by ILO
ILO Director-General Guy Ryder has welcomed the commitment made by Brazil, Russia, India, China and South Africa (the BRICS countries) to take more action...
MENA: Global Action is Urgently Needed to Reverse Damaging Jumps in Extreme Poverty
For the second time, the rate of extreme poverty in the Middle East and North Africa (MENA) region jumped again, nearly doubling between 2015...
Cambodia: practical ideas for MSMEs on how to recover from the COVID-19 pandemic
The Ministry of Industry Science Technology and Innovation (MISTI) and the United Nations Industrial Development Organization (UNIDO) have jointly published guidance for micro, small and...
Digitalization of MSMEs needs broad support package
Micro, small and medium enterprises (MSMEs) in Europe and Central Asia need an integrated package of financial and non-financial instruments to help them adapt...
Contracts Worth $1.7 Billion Awarded for ADB-Funded Malolos–Clark Railway Project
Construction of the Malolos–Clark Railway Project, a flagship Philippine project funded by the Asian Development Bank (ADB), is expected to begin soon, following the...
Global trade amid COVID-19: Signs of rebound, but recovery uncertain
Global trade is showing signs of bouncing back from a deep, COVID-19-induced slump, the World Trade Organization (WTO) has said, with the caveat that...
Unemployment Main Concern for Business Leaders but Climate is Moving Up List of Top Risks
Unemployment is the main concern for business executives globally, with fiscal crisis – the top concern in 2019 – coming third, according to the...
Green Finance Recovery Mechanisms Needed to Meet Infrastructure Financing Gap in Southeast Asia
A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help...