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19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
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18 Aug 16
Many of Zimbabwe’s local councils continue to operate budgets rejected by central government for allocating too much cash to salaries, according to an investigation by the country’s Financial Gazette...
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17 Aug 16
US municipal bond issuance fell by almost a third last month according to a new trend update released today.
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15 Aug 16
The International Monetary Fund has warned China to stem the unsustainable growth of indebtedness across its state-owned firms in its latest check up of the country’s economy, published on Friday.
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12 Aug 16
Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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9 Aug 16
Spain and Portugal have escaped fines for breaking European Union deficit rules, the European Council have confirmed.
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8 Aug 16
Eastern Africa should look to fund development using domestic savings and remittances rather than debt, foreign direct investment or aid, the United Nations has said.
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25 Jul 16
Public procurement in Bangladesh is to be upgraded and expanded with an additional $10m in World Bank cash.
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21 Jul 16
Zimbabwe’s accountancy institute is to work with the country’s auditor-general to develop a professional qualification targeting public sector accountants.
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20 Jul 16
Strengthening domestic revenues and finding new financing tools will be key to meeting the Sustainable Development Goals in Asia and the Pacific, panellists at a United Nations forum have said.
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13 Jul 16
Governments around the world need to hold themselves to the same high standards as they expect from the private sector, the president of the International Federation of Accountants has said.
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11 Jul 16
The International Monetary Fund has forecast a tentative recovery for Sierra Leone this year after the twin shocks of Ebola and collapsed iron prices sent the economy reeling.
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8 Jul 16
Commitments to economic reform in South Sudan’s peace deal must be upheld urgently, Oxfam has stressed.
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8 Jul 16
Zimbabwe is reported to be close to finalising a loan to help the country clear its arrears and secure a much-needed cash injection from the International Monetary Fund.
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8 Jul 16
The European Commission has triggered sanctions procedures against Spain and Portugal after ruling the two nations failed to do enough to bring their budget deficits within European Union limits.
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7 Jul 16
European Union loans, guarantees and equity investments to member states are costly and often poorly implemented, the European Court of Auditors has concluded.
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30 Jun 16
All countries can learn from work to improve public financial management in fragile and conflict-afflicted states
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28 Jun 16
A World Bank examination of the quality of government institutions across sub-Saharan Africa has found that progress in areas like public financial management has stalled.
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28 Jun 16
The Asian Development Bank has approved a loan of $600m to help Pakistan reform its public sector, it was announced today.
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23 Jun 16
Portugal will have to “step up” its efforts to reduce its budget deficit as the country’s economic recovery falls short of expectations, the European Commission and European Central Bank have warned...
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22 Jun 16
The World Bank has approved $1.02bn worth of financing for Pakistan to support economic reforms and resilience in the country.
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21 Jun 16
Croatian lawmakers have voted to dissolve parliament, a move that will trigger snap elections and is likely to hamper progress in fixing the country’s public finances.
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20 Jun 16
The European Union has removed Cyprus, Ireland and Slovenia from excessive deficit procedures after the three nations brought their shortfalls to below 3% of GDP.
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20 Jun 16
Jamaica has secured the release of a further $80m from the International Monetary Fund after “exceptional” economic reforms, the IMF announced on Friday.