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9 Nov 16
Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
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7 Nov 16
The Turkish lira’s value plummeted to record lows on Friday amid a renewed crackdown on the country’s main pro-Kurdish party.
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4 Nov 16
Sudan has raised fuel prices by around 30% as a severe shortage of foreign currency adds to a growing economic crisis in the country.
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26 Oct 16
Indonesia can expect GDP growth of 5.1% this year, thanks in part to its improved fiscal management, the World Bank has said.
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6 Oct 16
The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
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23 Sep 16
The arm of the World Bank responsible for lending to the world’s poorest countries plans to tap into the capital markets to raise funds after securing a AAA credit rating.
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23 Sep 16
Anti-austerity policy reversals in Portugal are starting to rewind the country’s fragile economic recovery, according to the International Monetary Fund.
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23 Sep 16
Almost €400m of European Union investment into ports and maritime infrastructure within the bloc since 2000 has been wasted, according to the European Court of Auditors.
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23 Sep 16
Effective finance ministries around the world have four characteristics in common, while being well adapted to local institutional, political and cultural contexts. A global association could help...
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21 Sep 16
The European Bank for Reconstruction and Development has raised €350m ($391m) in the first round of fundraising for its debut Equity Participation Fund.
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20 Sep 16
The cost of decommissioning Soviet-era nuclear power plants in Lithuania, Bulgaria and Slovakia could balloon to €11.4bn ($12.7bn), the European Court of Auditors has warned.
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19 Sep 16
China could be heading toward a banking crisis as a huge credit binge puts the world’s second largest economy under pressure, a global financial watchdog has warned.
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15 Sep 16
Improved public management has helped keep Tanzania on track to hit 7.2% growth in 2016, according to the governor of the country’s central bank.
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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...
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9 Sep 16
The eurozone’s finance ministers have called on all euro area member states to actively use spending reviews to improve the quality of public finances.
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8 Sep 16
A plan to introduce surcharges on three of India’s most popular train routes from Friday has sparked uproar on social media.
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2 Sep 16
The €782m of EU aid intended to strengthen public administration in Moldova has had minimal effects, the European Court of Auditors has concluded.
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2 Sep 16
Malaysian prime minister Najib Razak is the mysterious unnamed official cited as a key figure in the billion-dollar looting of the country’s wealth fund, according to a senior member of his own...
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1 Sep 16
G20 leaders should champion stronger governance and public financial management following the upcoming summit in Hangzhou, China, according to the International Federation of Accountants.
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1 Sep 16
Ahead of this weekend’s G20 summit, the International Federation of Accountants is calling for a host of accounting issues to rise higher up the global agenda
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31 Aug 16
The World Bank has approved a $15m technical assistance project to help Ghana improve its public financial management, it was announced yesterday.
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23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
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19 Aug 16
The World Bank unveiled its new procurement framework in Sri Lanka yesterday, which it said will help countries make the most of their public spending, strengthen national policies and improve...