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1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
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31 May 16
Japanese prime minister Shinzo Abe is set to announce a delay in a planned sales tax increase until October 2019 amid concerns that the hike could hit growth.
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27 May 16
India has opened a $10bn line of credit for Africa, it was announced at the African Development Bank’s annual meetings in Zambia earlier this week.
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26 May 16
The Chinese finance ministry is to issue the first ever sovereign renminbi bond outside of China on the London stock market.
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23 May 16
Myanmar’s economy has fallen short of expectations as severe flooding, the pre-election climate and weak external demand weigh on growth, the International Monetary Fund has said.
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23 May 16
New Zealand’s Local Government Funding Agency has shown how local authorities can come together to lower borrowing costs and achieve an increased profile with central government
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23 May 16
There is improved awareness of the contribution public financial management makes to good governance and facing down corruption. However, accrual-based information must be deployed
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20 May 16
A Bangladeshi parliamentary panel has suggested halting the activities of NGOs that make “insulting or derogatory remarks” about the country’s parliament and other constitutional bodies.
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20 May 16
The World Bank has approved another $25m in funding for a controversial land allocation project linked to forced evictions of impoverished people in Cambodia.
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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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18 May 16
The US has slapped a 522% tax on Chinese steel after accusing the nation of distorting the market by flooding it with cheap product.
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18 May 16
Japan has narrowly dodged a recession with 0.4% growth in gross domestic product in the first quarter, according to preliminary data released by the country’s Cabinet Office.
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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
CIPFA has launched a renewed International Public Sector Accounting Standards training programme at a forum in Malaysia.
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16 May 16
Solar power in India is to get a $625m World Bank boost, enabling widespread installation of solar panels on rooftops across the country.
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16 May 16
The International Monetary Fund is considering new loans for Afghanistan as the country manages to implement reforms but the economy continues to stumble.
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13 May 16
Pakistan looks set to receive its next half a billion dollar disbursement from the International Monetary Fund as the lender confirms the south Asian country has met programme targets.
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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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5 May 16
The World Bank has recommended that Mongolia implement spending controls after its budget deficit in the first three months of 2016 reached two-thirds of the annual target.
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4 May 16
Developing the private sector, creating jobs and tackling climate change are three key conditions for a “vibrant and sustainable” Asia, the Asian Development Bank president Takehiko Nakao has said.
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4 May 16
United Nations human rights experts have called on Beijing to repeal a controversial new law restricting the work of foreign NGOs in China.
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3 May 16
The new Asian Infrastructure Investment Bank has secured another co-financing deal with a well-established counterpart, the Asian Development Bank.
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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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28 Apr 16
How can China best manage its huge growth in public-private partnerships?
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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.