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22 Jul 24
Successful public financial management reform depends on the quality and capacity of management, writes Noel Hepworth.
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2 Jul 24
IMF warns billions being lost
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21 Jun 24
Technology has benefits but social safety nets and education investment needed to mitigate impact
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23 May 24
Dag Detter and Simon Gray set out what centrally planned economies – using Ethiopia as an example – could gain from reforming the way they manage their public assets.
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9 Apr 24
Dag Detter explores how governments might maximise the benefits of public wealth, through managing their assets better and using Net Worth-based fiscal rules.
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28 Mar 24
A fiscal rule is making Uruguay’s public finances more credible, but it might fall short of actually stabilising the government’s debt, ratings agency Fitch has said.
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15 Mar 24
Sovereign wealth funds are increasing climate change scrutiny
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24 Nov 23
Court ruling forces rethink on official accounts.
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7 Nov 23
Military conflicts have been a key contributor to climate change and it would cost the US and UK more than $100bn to compensate for the impact on the Global South, researchers have claimed.
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6 Oct 23
Costs associated with climate change could hit Irish public finances by at least €6bn a year from 2030 onwards, its fiscal advisory council has warned.
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26 Sep 23
Proposals to reduce the French government’s deficit by 2027 are “unambitious” and risk being out of step with other European Union nations, its spending watchdog has warned.
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1 Sep 23
Afghanistan’s weak collection of non-tax income has seen revenues dip below forecasts this year, economists at the World Bank have said.
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18 Aug 23
Recent global developments will have a “lasting impact” on growth in major economies, with potential GDP growth not catching up with its pre-pandemic trend any time soon, experts have warned.
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15 Aug 23
Plans to reform public procurement will help to boost US supply chains and contribute to the nation’s net zero goal, the federal government has said.
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11 Aug 23
Rising service demand and the cost of supporting asylum seekers could leave New York City with a cumulative budget deficit of almost $40bn by 2027, the state spending watchdog has said.
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8 Aug 23
The New Zealand government is set to intervene to share the costs of purchasing homes and fixing infrastructure damaged by a recent cyclone.
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4 Aug 23
A sovereign wealth fund will ensure Lebanon’s hoped-for future oil and gas revenues get proper oversight and management, and therefore help boost economic growth and meet public spending demands, the...
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1 Aug 23
The controversial removal of an expensive fuel subsidy has saved the Nigerian government more than 1trn naira that will fund new social spending including expanding education, president Bola Tinubu...
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27 Jul 23
Economic challenges for emerging countries to reach Net Zero could be solved by the West and China, says think tank
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24 Jul 23
Post-election limbo is only the beginning
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14 Jul 23
The Egyptian government has agreed to sell almost $2bn of state assets to meet the conditions of an IMF bailout.
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16 Jun 23
US senators have tabled a bill that would allow the transfer of seized Russian government assets to Ukraine to fund its reconstruction after being devastated by war.
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9 Jun 23
Fiscal policy needs to focus on boosting productivity in order to push the global economy away from the gloomy outlook, the OECD has said upon publishing its latest judgement of the world’s GDP...
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8 Jun 23
This blog highlights some of our learning from each of the sessions at a recent conference on digital financial public financial management, each of which provides an example of different ways in...
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2 Jun 23
The Oman government is set to invest more than £4bn in a bid to reduce the nation’s dependence on fossil fuel revenues.