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8 Jul 19
Investors have reacted badly to India’s first federal budget since prime minister Narendra Modi’s Bharatiya Janata Party retained power in recent elections.
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8 Jul 19
New Zealand’s bold shift to accruals accounting was just the start of what has been a groundbreaking transformation. Victor Smart reports.
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5 Jul 19
A prominent Iraqi cleric has reportedly called for a “slow coup” to replace senior government officials for a failure to tackle growing corruption.
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4 Jul 19
A decision to outlaw the use of foreign currency in Zimbabwe has been challenged in court on constitutional grounds.
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4 Jul 19
Funding shortfalls for state and local pension funds are a key source of fiscal fragility in the United States.
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2 Jul 19
Indonesia’s economy has been praised by the World Bank for shaking off unusually damaging natural disasters and global volatility.
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28 Jun 19
Ileana Steccolini, who is speaking at the CIPFA conference on 10 July, asks whether organisational capacities make a difference to local government financial resilience.
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25 Jun 19
Mongolia’s economy remains “extremely vulnerable” to external factors and it must strengthen its finances to achieve inclusive growth, it has been warned.
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21 Jun 19
The sensitivity to shocks of investors in sovereign debt, especially in emerging markets, has grown since 2013 posing a risk of volatility when conditions turn bad.
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17 Jun 19
A ‘no-deal’ Brexit poses the main risk to Ireland’s economy, which is “uniquely vulnerable” to events in the United Kingdom, the IMF has warned.
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14 Jun 19
The eurozone faces a triple threat that has the potential to push the economy deeper into a slump, warns the IMF.
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14 Jun 19
Norway’s $1trn wealth fund is set to drop several oil and gas majors after its parliament made changes to the list of companies included in its portfolio.
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13 Jun 19
The unexpected effects of the FIFA World Cup and energy projects boosted real GDP growth in Russia to 2.3% in 2018, says the World Bank.
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11 Jun 19
Greece’s post-bailout reform efforts have slowed in recent months, leaving it at risk of missing fiscal targets agreed with EU lenders, the European Commission has said.
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11 Jun 19
Pakistan’s military agreed to take a budget cut ahead of the government revealing its spending for the year today as the country faces a “critical financial situation”.
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10 Jun 19
Action as well as ambition is necessary for New Zealand to achieve the goals of its wellbeing budget, says professor of Public Financial Management at Victoria University of Wellington Ian Ball.
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10 Jun 19
Large protests have signalled growing public discontent with the economic policies and failure to tackle corruption of Liberia’s former footballer turned president.
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10 Jun 19
Romania must change course if it is to avoid squandering progress it has made converging with more developed European economies.
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4 Jun 19
German chancellor Angela Merkel has hinted her government could lower corporation tax, as the country’s business lobby blasted her fragile ruling coalition.
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4 Jun 19
The European Commission has called for Czech prime minister Andrej Babiš to repay millions of euros in subsidies after finding him to be in conflict of interest, according to reports of a draft...
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4 Jun 19
China’s economy will need to rely on domestic demand to sustain rapid economic growth, say World Bank economists.
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30 May 19
The EU has written to the Italian government asking it to explain a deterioration in its public finances, amid reports Brussels is ready to launch disciplinary action against Rome.
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29 May 19
Now that we have professionalised the management of debt and the management of interest rates then why not do the same with assets? Financial adviser Dag Detter asks.
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28 May 19
The man widely described as ‘Romania’s most powerful politician’ has been jailed on corruption charges relating to a fake jobs scandal.
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21 May 19
The Czech government has dismissed concerns about a slowing economy and growing spending commitments and says it will stick to a planned deficit target.