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13 Mar 20
Sudan faces “daunting” challenges to its economy as the government tries to reform the country after decades under a dictatorship, the IMF has warned.
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3 Mar 20
A complete global transition to accrual accounting would result in better public services around the world, according to a new report.
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26 Feb 20
French president Emmanuel Macron’s deficit reduction plans have faltered due to deviations from his planned programme of cuts, according to the country’s national audit office.
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18 Feb 20
Russian senators have supported a bill that would support local governments to set up participatory budgeting schemes.
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6 Feb 20
The European Commission has begun the process of overhauling the EU’s fiscal rules that it imposes on member countries.
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24 Jan 20
New Zealand instituted a number of reforms in the 1980s and early 1990s that were radical by any international standards. Today they would be described as transformative. While they have by no means...
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14 Jan 20
Germany recorded its largest ever budget surplus in 2019, the ministry of finance has announced.
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13 Dec 19
Countries need help when transitioning from receiving aid to self-sufficiency, academics have said, pointing to Botswana as a good example for poor countries to follow.
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13 Dec 19
Australia needs to push through fiscal reforms as its economic growth is not as strong as it could be, the IMF has said.
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10 Dec 19
Academics are being called to submit papers for a special edition of Public Money & Management on governmental accounting systems around the world.
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10 Dec 19
‘Over-the-counter’ derivatives offer indefinite flexibility that can help governments finance long-term infrastructure projects, the Asian Development Bank’s Jonathan Grosvenor writes.
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5 Dec 19
France is experiencing its biggest national strike in decades as angry workers demonstrate about proposed pension reforms.
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4 Dec 19
Auditors have called on the EU to impose stronger rules on its member countries’ budgets, to avoid future financial crises.
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2 Dec 19
Ireland’s sovereign credit rating has been increased making Irish government bonds more attractive, according to the country’s National Treasury Management Agency.
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29 Nov 19
The UK should commit to spending £20bn to the UN climate fund until 2030 to pay its “fair share” based on the country’s historical contribution to carbon emissions, a think-tank has urged.
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28 Nov 19
The EU now meets “high standards of accountability and transparency when spending public money”, the European Court of Auditors has concluded.
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26 Nov 19
A new effort to manage the economy, which brings together both sides of the war with international partners, would be an essential step forward in easing the conflict in Libya, writes Chatham House’s...
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26 Nov 19
Saudi Arabia is looking for countries’ sovereign wealth funds to invest in its state-owned oil company as it prepares to list it on the stock market.
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19 Nov 19
Representatives from UK political parties have disagreed over whether to maintain aid spending at the current level of 0.7% of gross national income.
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19 Nov 19
The imminent listing of Saudi Arabia’s state-owned oil company on the local stock market could strengthen the government’s finances, according to a ratings agency.
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18 Nov 19
North Macedonia, which hopes to join the European Union, still has a large income gap with the EU, the IMF said.
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4 Nov 19
Fiscal federalism will help Nepal improve its public services, the World Bank has said after a visit to the country by executive directors.
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22 Oct 19
China must “substantially restructure” its approach to development finance through its Belt and Road Initiative to quash accusations of ‘debt trap diplomacy’, a think-tank has said.
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21 Oct 19
Almost three-quarters of the UK government’s strategic suppliers operate in tax havens, a UK think-tank has said.
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17 Oct 19
Croatia's prime minister appears to have met the demands of his country's teachers by announcing public sector workers will get a pay rise of 6% next year.