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10 Aug 21
Finance ministers have been urged to take note of a stark new report showing the world is running out of time to limit global warming, and shift their focus towards cutting emissions to zero.
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4 Aug 21
The International Monetary Fund has approved a new allocation of Special Drawing Rights, effectively topping up its member countries’ reserves as public finances continue to struggle against Covid-19.
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28 Jul 21
Highly infectious new strains of Covid-19 could scupper the economic recovery and take as much as $4.5trn off of global GDP by 2025, the International Monetary Fund’s chief economist has warned.
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23 Jul 21
Sustainability considerations are becoming increasingly important for government investors, taking their place alongside traditional priorities such as return and stability, a report has found.
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23 Jul 21
The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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20 Jul 21
Worldwide protests over policing methods mean the focus on how to best spend money on preventing and tackling crime has never been more acute.
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16 Jul 21
Plans for a 'green tariff' on carbon-intensive goods entering the European Union risk leaving developing countries at a disadvantage, a report has warned.
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13 Jul 21
Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
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13 Jul 21
The need to act fast to save lives is a poor excuse for Covid-19 procurement scandals – better crisis preparation is needed.
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12 Jul 21
Climate change mitigation policies need to take into account a country’s level of development and poorer countries’ economies must still be allowed to grow, World Bank president David Malpass has...
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9 Jul 21
The International Monetary Fund's record $650bn liquidity stimulus in response to Covid-19 is expected to be operational by the end of August.
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8 Jul 21
Covid-19 has created a “profound debt crisis that will turbo-charge global inequality”, with governments in poorer countries unable to support their vulnerable citizens, a Public Finance Live 2021...
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8 Jul 21
With the climate crisis now sitting at the top of political and economic agendas, the public sector must move more quickly on adopting sustainability reporting frameworks, Public Finance Live 2021...
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6 Jul 21
The G7 did not show enough ambition on climate finance, posing problems for the upcoming COP26 meeting in Glasgow later this year, argues Andrew Leming, researcher at the think-tank Bright Blue.
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2 Jul 21
A “historic” agreement on corporation tax between 130 countries and territories will increase global public revenues by around $150bn according to the OECD, which led the negotiations.
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30 Jun 21
Officials are critical to driving financial management improvement projects within government because politicians often lose interest, or move to other jobs before they are complete, according to...
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30 Jun 21
Public assets such as infrastructure are at greater risk of falling into disrepair if the government that owns them uses cash accounting, a conference has been told.
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24 Jun 21
Rich nations could fully restore reserve levels in low-income countries by diverting less than half of their share of an International Monetary Fund funding stream, according to ratings agency S&...
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17 Jun 21
Public bodies in more than half the world will undertake financial reporting on an accrual basis, according to new research.
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15 Jun 21
Muhammad Afnan Alam explores the G7 commitment to push for at least a 15% global minimum rate of corporation tax.
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8 Jun 21
Criticisms of ‘mutant’ algorithms might help get politicians off the hook but they do little to help public understanding of a potentially useful policy tool.
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7 Jun 21
A global minimum corporate tax rate of 15% has been criticised for failing to end the incentive for multinational companies to book profits in low-tax countries.
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.