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17 Mar 17
Kenya’s president took aim at “staggering” civil service salaries in the country in his state of the nation speech to parliament earlier this week.
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16 Mar 17
Chief economist and co-head of sovereign ratings at credit ratings agency DBRS, Fergus McCormick, summarises the rating processes, and how accrual information can help.
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16 Mar 17
Fayez Choudhury, CEO of the International Federation of Accountants, talks about why strong public financial management matters and the barriers to achieving it from an accountancy perspective.
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15 Mar 17
The OECD has congratulated Spain on its economic recovery just as the country is also buoyed by official figures showing inflation at a four-year high.
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14 Mar 17
Deputy director of the IMF's Statistics Department Gabriel Quiros explains how and why the IMF is collaborating with IPSASB on accounting standards and the challenges faced in helping countries...
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14 Mar 17
Deputy director of the IMF's Fiscal Affairs Department Chris Towe discusses the role of accrual accounting in fiscal reports and managing the public finances, as well as the value of a seminar such...
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13 Mar 17
Juan Pablo Guerrero, network director of the Global Initiative for Fiscal Transparency, stresses that the public do care about access to high quality fiscal information, and explains what governments...
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13 Mar 17
IPSASB chair Ian Carruthers discusses the purpose of Transparency and Beyond – a seminar on the next steps for accrual accounting organised by IPSASB, the World Bank and the IMF and held at the fund'...
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13 Mar 17
Strengthening the notion of civil service as a vocation in developing countries is critical to building the institutions needed for sound economic governance, an International Monetary Fund official...
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10 Mar 17
Switching to accrual accounting can secure better credit ratings for governments, Fergus McCormick, chief economist and co-head of sovereign ratings at agency DBRS has said.
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10 Mar 17
The international community should do more to drive the global adoption of accrual accounting, Jim Brumby, a director of the World Bank’s Governance Global Practice, has said.
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10 Mar 17
UK-funded aid projects to address irregular migration through the central Mediterranean are not yet effective, the country’s aid watchdog has warned.
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24 Feb 17
Germany’s budget surplus has hit an almost two-decade high, at €24bn, bolstered by tax receipts from strong employment.
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23 Feb 17
Ratings agency Fitch has warned of the risk posed by China’s high local public debt issued through a back door route.
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23 Feb 17
South Africa has created a new top income tax bracket of 45%, its finance minister Pravin Gordhan announced as he delivered the country’s 2017 budget.
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22 Feb 17
Government ministries in Singapore will have their spending caps permanently cut by 2%, it was announced in the country’s budget earlier this week.
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22 Feb 17
A $1.6bn hole in Ghana’s budget has put the country’s public finances at substantial risk and is weighing on its credit rating, ratings agency Fitch said yesterday.
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21 Feb 17
Nigeria’s central bank has effectively devalued its currency for private individuals by allowing dollars to be bought at almost 20% above the normal rate for travel, some school fees, and medical...
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21 Feb 17
Greece and its creditors have found some “common ground” following the latest meetings on its stalling €86bn bailout in Brussels yesterday.
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17 Feb 17
Growth in West Africa is at risk due to governments continually shelving plans to cut spending and raise taxes, the International Monetary Fund has warned.
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17 Feb 17
Significant changes to the operation of the world’s largest sovereign wealth fund have been outlined in proposals from the Norwegian government.
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16 Feb 17
Falling health funding in Timor-Leste must be met with better planning and policies to manage rising costs, the World Bank has said.
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14 Feb 17
The International Monetary Fund opened a first-of-its-kind training and technical assistance centre in South Asia yesterday.
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10 Feb 17
The Nigerian government has taken control of West Africa’s most-used airline after the company began to buckle under the weight of its spiralling debts.
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9 Feb 17
Fraud could be having a bigger effect on Britain’s aid budget than reported figures suggest, the country’s auditors have warned.