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7 Jun 16
Both the World Bank and the International Monetary Fund urged Uganda to increase spending on public infrastructure while also ensuring more projects are delivered on time and to budget.
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6 Jun 16
Improving the performance of finance ministries around the world was the topic of a roundtable discussion at the UK’s Treasury.
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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2 Jun 16
South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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24 May 16
The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
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20 May 16
Iraq has reached a $5.4bn bailout deal with International Monetary Fund staff to help the country plug a deep hole in its budget carved out by the conflict with ISIS and tumbling oil prices.
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19 May 16
CIPFA International chair Ian Ball has stressed the importance of good public financial management to improved service delivery and robust governance.
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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18 May 16
Digital payments to emergency workers saved time and more than $10m in costs during the Ebola epidemic in Sierra Leone, a United Nations-backed initiative has found.
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17 May 16
Procurement specialists have gathered in Kazakhstan this week to share best practice on how to ensure integrity and transparency in public procurement.
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17 May 16
Poland’s plan to lower the retirement age is a “step in the wrong direction” and the government should reconsider, according to the International Monetary Fund.
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16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
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10 May 16
CIPFA is to help strengthen the capacity of public sector accountancy in Zimbabwe, it was announced yesterday.
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10 May 16
CIPFA president John Matheson has outlined “critical areas” where public service finance professionals should focus their efforts to meet challenges and capitalise on opportunities.
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9 May 16
Germany should step up its public and private investment to meet infrastructure needs and reduce the country’s large account surplus, the International Monetary Fund has said.
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6 May 16
The lingering impact of the Ebola epidemic and the commodity price slump are weighing heavily on the economies of Guinea and Liberia, the International Monetary Fund has said.
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5 May 16
Zimbabwe has announced it will start to print its own version of the US dollar after banks were forced to cut withdrawal limits amid cash shortages.
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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.
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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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28 Apr 16
Local governments’ recourse to capital markets is on the rise, fuelled by growing issuances in China, Fitch Ratings has found.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.