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28 Apr 17
New Zealand plans to cut its net public debt to as low as 10% of GDP by 2025, finance minister Steven Joyce has announced.
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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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20 Apr 17
Nigerian president Mohammadu Buhari has suspended two top officials implicated in a scandal over $43m in allegedly misdirected aid funds.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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6 Apr 17
Ukraine could be on track to receive a total of $5.5bn from the International Monetary Fund this year if the country presses ahead with anti-corruption and pension reforms.
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6 Apr 17
Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
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4 Apr 17
Almost all Caribbean nations have adopted IPSAS or are in the process of doing so, according to a recent study.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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3 Apr 17
Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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28 Mar 17
European Union aid for Tunisia was overambitious and too lax, according to the European Court of Auditors.
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28 Mar 17
After a more than two-decade long civil war, Somalia has set off on the long path towards peace and prosperity. While the government has won praise for its public financial management reforms, it...
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27 Mar 17
Portugal has recorded its lowest deficit in 40 years after halving it in 2016, figures published by the country’s national statistics office last week showed.
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27 Mar 17
The use of taxpayers’ money and service delivery are two arenas where the battle for public trust can be won or lost, the OECD has highlighted.
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23 Mar 17
The OECD has urged China to address financial risks that are mounting as a result of rising corporate debt, over-capacity in certain sectors and inflated house prices.
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22 Mar 17
Nigeria today launched an IPSAS-compliant accounting solution to be rolled out across the country’s federal, state and local government.
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20 Mar 17
UK aid is to fund training courses in financial management, governance and cost effectiveness to smaller British organisations managing humanitarian projects around the world.
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20 Mar 17
A crisis over how to pay $862.5m per month in benefits relied upon by 17 million people in South Africa has been averted by the country’s constitutional court.
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20 Mar 17
Jennifer Thomson, director and chief financial management officer, operations policy and country services, World Bank, explains why IPSAS is important for the bank and gives IPSASB some guidance on...
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20 Mar 17
Jim Brumby, director of public service and performance at the World Bank's Governance Global Practice, discusses whether the bank is satisfied with the pace of accruals adoption and what it is doing...