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12 Jan 18
Russia has fully spent its reserve fund to cover its budget shortfalls at the end of 2017, the country’s finance ministry said on Wednesday.
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12 Jan 18
The International Federation of Accountants has said it will assist Zimbabwe in building stronger public sector financial capacity.
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11 Jan 18
IMF deputy managing director Tao Zhang has warned that public sector wage bills in the Middle East and Central Asia are far higher than those in similar countries, absorbing money that could be...
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5 Jan 18
Austria’s new government has set out plans to cut child benefit for parents living abroad, it said on Thursday.
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5 Jan 18
The United States has announced it is withholding $255m in aid from Pakistan, saying the country has failed to cooperate in the fight against terrorism.
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20 Dec 17
Argentina’s government has voted to reform its pension system amid violent protests, clearing the way for a package of economic changes to be approved by the end of the year.
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15 Dec 17
Economic diversification can boost growth in sub-Saharan Africa, IMF managing director Christine Lagarde has said.
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12 Dec 17
Finance ministers across Europe have called on the US to rethink its tax reform proposals, arguing they are discriminatory and could harm both the financial sector and international trade.
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7 Dec 17
Asia-Pacific countries should take advantage of the “prevailing stable economic conditions” to ensure inclusive and sustainable development, the United Nations has said.
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30 Nov 17
The Danish economy has shrunk more than expected, suggesting the worst contraction since 2011, according to data released today.
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28 Nov 17
Global economic performance is still weaker than a decade ago and “remains below the pre-crisis period and that of past recoveries”, according to Organisation for Economic Co-operation...
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27 Nov 17
The African Development Bank has agreed to a €180m loan to support Cameroon’s reforms to shore up public finances.
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24 Nov 17
Barbados should cut spending or risk its debt problems rising, according to the International Monetary Fund.
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14 Nov 17
International local governments cope with economic shock in different ways, explains Ileana Steccolini, but to improve financial resilience they must learn lessons from one another.
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13 Nov 17
The UK is set to agree a $2bn loan guarantee for the world’s leading oil producer in the battle to secure one of the largest-ever initial public offerings.
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13 Nov 17
The South African government should increase spending on higher education to at least 1% of gross domestic product, a presidential commission report released on Monday said.
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2 Nov 17
Bangladesh’s public finances were already suffering because of poor economic management, political crises and corruption, when it took on the cost of its huge support to Rohingya refugees....
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31 Oct 17
Public financial management had to start effectively from scratch following years of conflict in Afghanistan. The country, which still relies heavily on foreign aid, had to stamp out waste and...
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24 Oct 17
Ghana’s public authorities will replace their financial management systems to tackle issues of transparency and ensuring good governance, the finance minister has said.
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19 Oct 17
South Korea and China have extended a currency swap deal for another three years.
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19 Oct 17
Technology is the “way forward” in the fight against corruption in Africa, the president of Mauritius has said.
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19 Oct 17
South Africa’s currency weakened shortly after the president announced on Tuesday another surprise cabinet reshuffle.
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19 Oct 17
Almost a million dollars have been illegally removed from the Marshall Islands government’s US-based trust fund, officials have reportedly said.
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16 Oct 17
Governments should invest more in human beings and the social services that support them as means of growing their economies, the World Bank president has urged.
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16 Oct 17
Stronger financial protections for developing countries and policies to prevent a potential financial crisis should be prioritised, campaigners have said.