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13 Aug 18
The National Prosecution Authority in Kenya has charged two government officials with fraud over the building of a $3.2bn Chinese-funded railway line.
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13 Aug 18
Combatting bribery, money laundering and tax evasion should be a priority for African countries to transition to ‘middle income status’, the executive secretary of the United Nation Economic...
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13 Aug 18
The Indian finance ministry is sending officials on a dedicated ‘capacity building programme’ to enable them to keep up with the changes in the global economic environment.
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13 Aug 18
Stakeholders may not always understand financial reporting but this could be improved by taking a leaf out of the book of organisations such as Windows, which made IT much more accessible with...
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9 Aug 18
Botswana’s finance ministry has unveiled long-term plans to further boost the economy and avoid the risk of unsustainable public spending in “rough times”.
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6 Aug 18
Ukraine is losing more than €4bn a year as a result of corruption schemes at customs, an investigative report has revealed.
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3 Aug 18
Greece must be realistic about its economic goals despite successful progress since its fiscal crisis, the IMF has warned.
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2 Aug 18
A Nigerian accountancy body is pushing for accountability and enhanced management of public funds at all levels of the government through its new index.
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27 Jul 18
The African Union and Pan African Federation of Accountants have signed an agreement to improve public financial management and governance in the region.
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27 Jul 18
Hundreds of MPs in South Sudan have received government loans worth $40,000 each to buy cars, sparking outrage in a war-torn country blighted by hunger.
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24 Jul 18
Public sector accountants are in the front line of the battle against corruption, a global accountancy body spearheading a new anti-graft initiative has told PF International.
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19 Jul 18
The G20 is encouraging the public sector to improve oversight and management of public-private partnerships that are up and running.
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19 Jul 18
Kenya’s flagship Chinese-funded railway project has registered losses of $100m in its first year of operation.
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17 Jul 18
The Institute of Chartered Accountants of Nigeria plans to introduce an accountability performance assessment index for the public sector.
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17 Jul 18
The European Commission should tighten up its rules for countries with high levels of debt before the next recession, auditors have warned.
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13 Jul 18
The International Monetary Fund has called for a change of government in Lebanon to drive through structural and fiscal reforms to boost growth.
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13 Jul 18
The European Commission should have proved the value it was adding with changes to its long-term spending priorities, auditors have concluded.
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5 Jul 18
The Asian Development Bank and Thai government have signed a $99.4m loan to help improve the roads in the country’s Northeastern region.
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4 Jul 18
Malaysia’s biggest rail project is on hold while the government discusses the cost with contractors as at $20bn it will be nearly double what the previous government had estimated.
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3 Jul 18
Tax enforcement bodies from five countries across the world have joined forces to battle against international tax crime and money laundering.
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29 Jun 18
Sri Lanka must push on with its governance and public financial management reforms in order to secure a growth boost, according to the World Bank.
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27 Jun 18
The World Bank has approved $30m to help Grenada strengthen climate resilience and support its transition to a ‘blue economy’, focused on conserving marine resources.
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26 Jun 18
The Asian Development Bank has approved a $300m loan to help support economic reforms in Uzbekistan.
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26 Jun 18
The members of the eurozone should work together to build resilience against future economic downturns, the International Monetary Fund chief has warned.
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25 Jun 18
Public sector accountants play a “vital role” in pressuring governments around the world to reform their financial management systems amid global challenges, CIPFA’s president has said.