World Bank Emergency Aid: The World Bank approved $1.1 billion for Bangladesh to protect food security and households hit by fertiliser, fuel and food price shocks tied to the Middle East conflict, including $300m for fertiliser imports and $713m for rapid cash transfers and essential services. Sovereign Debt Watch: Pakistan’s central government debt growth slowed to 5% year-to-date in FY26, with officials pointing to improved debt-to-GDP and lower external repayment risk. Nigeria Illicit Flows: ANEEJ warned that illicit financial flows are undermining Nigeria’s development and democracy, urging stronger investigative reporting and accountability. Derivatives Financing: Nigeria accessed the first tranche of a $5bn UAE derivatives facility via a total return swap with First Abu Dhabi Bank, drawing scrutiny over transparency. India IFSC Push: GIFT City is set to spotlight India’s international finance push at the Vibrant Gujarat summit, citing growth in banking assets and fund management. SME Funding in Cyprus: Cyprus plans a new public development body to plug SME and startup financing gaps, with fast-tracked parliamentary review. Private Credit Debate: A new report argues private credit is under stress as defaults rise and AI disruption hits software-linked borrowers. Crypto Markets: Aave and the Solana ecosystem led a rebound as bitcoin steadied near $60,000. Local Budgets: Swindon’s Conservatives propose a Finance Recovery Board, blaming inherited overspending and high borrowing costs for long-term pressure on services.