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4 Apr 17
Eurozone unemployment fell to its lowest level in eight years in February, but auditors have warned that the bloc’s effort to reduce youth unemployment has fallen short of expectations.
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28 Feb 17
European Union funds focused on helping sub-Saharan African countries to collect more domestic taxes are not yet being used effectively, auditors said today.
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21 Feb 17
The European Union’s flagship biodiversity programme, Natura 2000, requires better oversight and financial management, auditors have said.
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9 Feb 17
Fraud could be having a bigger effect on Britain’s aid budget than reported figures suggest, the country’s auditors have warned.
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24 Jan 17
Supreme Audit Institutions have to earn the rights to hold others to account by being visibly accountable themselves
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17 Jan 17
Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
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13 Jan 17
“Management weaknesses” in the European Commission have contributed to reducing the effectiveness of recent EU aid to Honduras, according to a report published yesterday by the European Court of...
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8 Dec 16
The European Union’s support for improved financial management and governance in Ukraine has been only partially effective, and the limited results achieved so far remain “fragile”, the bloc’s...
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6 Dec 16
Audit institutions and governments need to make audit reports on public spending more accessible to civil society organisations, the International Budget Partnership has found.
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1 Dec 16
Tax officials from Kenya are to help their counterparts in Botswana audit multinational firms as part of a tax assistance project under the Tax Inspectors Without Borders (TIWB) programme.
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25 Nov 16
Performance and accountability institutions should lead by example and push for transformation in challenging times, former US comptroller general David Walker has told the CIPFA international...
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22 Nov 16
European Union spending on climate change may fall short of target, with a lacklustre effort to channel funds towards climate action throwing spending off schedule, auditors have found.
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18 Nov 16
The European Central Bank has blocked a full audit of its system to supervise banks across the European Union, the bloc’s court of auditors has said.
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9 Nov 16
Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
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8 Nov 16
Governments need to adopt international accounting standards so citizens know what they are getting for their tax payments. And auditors need to be able to tell it like it is and provide a longer-...
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31 Oct 16
Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
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27 Oct 16
The European Commission cannot ensure the Common Agricultural Policy cross-compliance system is effective, the EU Court of Auditors has warned.
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13 Oct 16
Spending rules for European Union resources have become so complex that they encourage errors and lack transparency, the president of the European Court of Auditors has warned.
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4 Oct 16
European Union member states are breaking the state aid rules of the bloc’s major investment policy at a much higher rate than thought, according to the European Court of Auditors.
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4 Oct 16
The Asian Development Bank has become the first development bank to secure a risk transfer arrangement for its sovereign loan portfolio, increasing its lending capacity by half a billion dollars over...
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4 Oct 16
Auditors general from around the world will gather in Abu Dhabi for the congress of the International Organization of Supreme Audit Institutions in December. PF asked six of them to share their hopes...
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23 Sep 16
Almost €400m of European Union investment into ports and maritime infrastructure within the bloc since 2000 has been wasted, according to the European Court of Auditors.
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20 Sep 16
The cost of decommissioning Soviet-era nuclear power plants in Lithuania, Bulgaria and Slovakia could balloon to €11.4bn ($12.7bn), the European Court of Auditors has warned.
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16 Sep 16
The president of Mozambique will work with the International Monetary Fund to set the terms of an international audit on the country’s public debt, the fund announced today.
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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...