Tunisian politicians and officials warn of an economic collapse if the government cannot agree a new International Monetary Fund (IMF) loan this summer, but political paralysis could scotch that effort.
Italy's state lender Cassa Depositi e Prestiti (CDP) has launched a new 40 billion euro ($49 billion) equity fund tasked with helping businesses weakened by the COVID-19 pandemic, two sources close to the matter said.
Taiwan will offer another T$100 billion ($3.60 billion) in loans to help small- and medium-sized firms hit by the COVID-19 pandemic, the government said on Thursday, while sources said almost $20 billion may be made available.
Australian business investment jumped by the most in almost a decade in the first quarter as businesses took advantage of tax breaks to buy new machinery, suggesting economic growth could also beat forecasts.