-
13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
-
10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
-
10 Jun 22
Social housing providers face a major challenge: how to use private debt to fund new homes while investing in their existing stock.
-
7 Jun 22
Digital technologies have opened a new front in the war against money laundering.
-
31 May 22
Is a hardening of governments’ approaches to money laundering anything more than cosmetic?
-
26 May 22
Global income from levies on carbon dioxide production hit record highs in 2021, but the international community has been urged to do more to meet net zero targets.
-
26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
-
19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
-
13 May 22
The level of remittances to low-and-middle-income nations is expected to hit $630bn this year, fuelled by increased funding to Ukraine following February’s invasion, according to the World Bank Group...
-
12 May 22
OECD countries are close to meeting just a quarter of measurable targets under the United Nations’ Sustainable Development Goals, with the 2030 deadline looming.
-
11 May 22
Governments unable to maintain the economic support they put in place amid Covid-19 to help their citizens deal with rising fuel and food prices face “inevitable” civil unrest, a report has suggested.
-
10 May 22
The International Public Sector Accounting Standards Board has launched a consultation aimed at producing a global set of standards for sustainability reporting by government bodies.
-
3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.
-
3 May 22
Including all staff members in workplace conversations can help finance departments reach their full potential.
-
27 Apr 22
The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
-
26 Apr 22
Government ministers must adapt to the ending of cheap debt or face difficult funding decisions in the future, according to Finnish finance minister Annika Saarikko.
-
26 Apr 22
Tax campaigners have urged world leaders to create a global asset registry to help deal with tax havens that they say deprive governments, particularly in the developing world, of billions in much-...
-
26 Apr 22
Transparency International’s 2021 Corruption Perceptions Index shows a worrying trend among advanced economies, says Kirtsy Stanners.
-
26 Apr 22
Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
-
25 Apr 22
Governments spent more than ever before on their militaries last year, with total spending reaching an all-time high after seven consecutive years of growth.
-
20 Apr 22
Supply chain constraints exacerbated by the Russian invasion of Ukraine will mean that global GDP will undershoot initial forecasts, according to the International Monetary Fund.
-
20 Apr 22
The World Bank is drawing up plans for a $170m medium-term crisis package to tackle the fallout from the Ukrainian invasion, Covid-19 and climate change – but admitted its ability to deal with future...
-
20 Apr 22
Many believe that the public sector could operate with far lower levels of office space. But does selling off buildings present a risk?
-
19 Apr 22
A record amount of sovereign debt held by banks in emerging economies puts poorer countries at risk of a “doom loop” leading to government defaults, according to IMF economists.
-
19 Apr 22
The public sector urgently needs to use land value capture to stop private interests profiting from price rises caused by climate change.