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22 Mar 21
Emergency cash transfers to vulnerable Brazilians will stop in four months’ time because there is “no money” to continue the scheme, one of the president’s advisers has said.
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22 Mar 21
Pakistan’s new micropayments system is set to speed up pay and pension payments for 2.7 million government employees, says Muhammed Afnan Alam.
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11 Feb 21
The Philippines hopes to secure $23.7bn in financing from external sources in 2021, to bridge its budget deficit and provide funds for “priority projects”, the Department of Finance has said.
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4 Feb 21
Covid-19 spending and lower revenues have weakened German states’ finances and forced them into debt, according to the latest government figures and analysis from ratings agency Fitch.
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4 Feb 21
A five-year programme aimed at building the capacity of Madagascar’s Court of Accounts has been unveiled in Antananarivo.
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15 Jan 21
The US will undertake huge spending as the Joe Biden presidency gets underway, the president-elect has said less than a week ahead of taking office.
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15 Jan 21
Alastair Swarbrick outlines the issues faced by developing countries embarking on public financial management reform.
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6 Jan 21
Unprecedented stimulus measures taken by governments to fight the pandemic have changed the public perception of spending and debt, meaning sharp tax hikes or spending cuts would risk popular...
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18 Dec 20
Regulatory reforms are needed in Brazil to help with its economic recovery from Covid-19, after the pandemic plunged the nation into a deep recession, the OECD has said.
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15 Dec 20
Malaysia’s parliament has narrowly passed its largest ever budget for 2021, in what is being seen as a confidence vote for the government.
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4 Dec 20
Reforms hoped to bring Lebanon back from a state of “bankruptcy” have been presented at a conference organised by the United Nations and French president Emmanuel Macron.
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30 Nov 20
The Covid-19 pandemic could hit a recent recovery in investment sub-national governments, according to research by the OECD.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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9 Nov 20
San Francisco will tax “overpaid” executives to pay health workers, after city residents voted through a series of measures targeting businesses and property owners.
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6 Nov 20
The Malaysian government has presented an expansionary budget for 2021 as it attempts to steer its economy through the crisis caused by Covid-19.
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3 Nov 20
France must begin establishing its medium-term fiscal plans to ensure they are ready in time to help the country recover from Covid-19, the IMF has said.
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23 Oct 20
Public finance management reforms in the Pakistani state of Punjab have been boosted by $304m of World Bank financing as the government hopes to generate savings and create fiscal space for growth-...
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23 Oct 20
The Omani Sultan has approved a medium-term fiscal plan in the hope of balancing the country’s public finances and decreasing its dependence on oil revenue.
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23 Sep 20
Cambodia will work to improve public financial management among its local governments, after obtaining a loan from the Asian Development Bank.
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17 Sep 20
Public financial management is vital for the long-term sustainability of public services, explains CIPFA’s head of international relations Salema Hafiz, and coming together as a profession to...
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14 Sep 20
The US has reached a record budget deficit of $3trn this year as the government fights the health and economic crises caused by Covid-19.
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7 Sep 20
The Netherlands is launching a national growth fund to help boost the country’s future prosperity and fortify the economy against future downturns.
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7 Sep 20
Sweden plans to invest billions of kronor in healthcare and help for the elderly, along with giving local governments large cash boosts, as the country recovers from the Covid-19 pandemic.
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28 Aug 20
The US Federal Reserve has adopted a new monetary policy strategy, which will be more accommodating of temporary increases in inflation.
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19 Aug 20
CIPFA’s Alan Edwards has been appointed as chair of a committee working to improve public financial management in the Asia Pacific region.