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24 Sep 18
Political drive is essential for public financial management reforms to be successful, a panel discussing transforming PFM at CIPFA’s international conference agreed.
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18 Sep 18
Four of the world’s biggest pharmaceutical companies could be avoiding paying about $3.8bn in corporate tax, Oxfam has warned.
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18 Sep 18
Zimbabwe has declared a state of emergency and launched a crowdfunding campaign to tackle an outbreak of cholera, which has so far killed more than 20 people.
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18 Sep 18
Pakistan’s new government has begun auctioning off state-owned vehicles as part of prime minister Imran Khan’s cost-cutting drive.
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17 Sep 18
The World Bank and the EU have signed a €15.6m programme to strengthen public financial management oversight and accountability in Iraq.
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14 Sep 18
Civil society organisations have expressed disappointment the UK government has not heeded the advice of a group of MPs on aid spending.
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13 Sep 18
Consultant Ashok Rao helped devise in India what he believes to be the first national code of its kind for governing regional finances. Such a framework establishes a benchmark for best practice, he...
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10 Sep 18
An IMF team has agreed to help support the economic recovery of Barbados, with an initial injection of $49m.
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10 Sep 18
The debts of developing countries need to be “written off” as the fallout of the economic crisis hits the world’s poorest the hardest, a civil society network has warned.
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10 Sep 18
Record petrol and diesel prices are fuelling protests across India and placing the government under pressure.
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10 Sep 18
Zimbabwe’s civil servants need new skills to improve how they deliver services and ensure value for money, the country’s finance minister has said.
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5 Sep 18
EU money is mostly funding social and economic projects on a ‘first-come first-served’ basis rather than merit, auditors have warned.
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5 Sep 18
The government of Brazil is seeking funding from companies, banks and international donors to help rebuild the National Museum, which was gutted by fire on Sunday.
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4 Sep 18
The Argentinian president has vowed to increase tax on exports and scrap numerous government ministries in a move to restore the economy.
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3 Sep 18
Singapore has agreed to the Malaysian government’s request to postpone the development of a high-speed rail service by two years to allow the latter’s finances to improve.
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30 Aug 18
The European Union is considering tightening up regulations around cryptocurrencies such as Bitcoin, Ripple and Ether, it has been reported.
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29 Aug 18
Vladimir Putin has watered down his controversial pension reforms as he suffers his lowest approval ratings for four years.
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21 Aug 18
China will be asked to write off debts owed by Pacific island countries as repayments are a huge burden, Tonga’s prime minister has said.
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21 Aug 18
The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions.
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20 Aug 18
Pakistan’s new prime minister has called for the rich to start paying taxes to cut public debt – and pledged to live a “simple life”.
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17 Aug 18
Counties in Kenya have to make some “critical decisions” to ensure that their wage bills do not take too much money away from development projects, public finance professionals have warned.
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16 Aug 18
Italy’s central government will make at least €5m available to the north-western Liguria region after a motorway bridge collapsed in Genoa on Tuesday leaving 39 dead.
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15 Aug 18
India is on track to become the world’s fastest-growing economy as reforms begin to pay off, the International Monetary Fund has said.
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15 Aug 18
Efforts to tackle money laundering and terrorist financing in the Democratic Republic of the Congo are inadequate, according to a think-tank report.
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15 Aug 18
Ghana’s auditor general has slammed an economic crime agency after it kept more than one million Ghanaian cedi recovered from individuals and organisations.