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24 Jan 17
US president Donald Trump has blocked US aid to foreign organisations that promote or perform abortions overseas, continuing a rapid-fire first week in office that has also seen him pull America out...
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20 Jan 17
Incoming US president Donald Trump is reportedly eyeing $10tn worth of cuts to government spending over the next decade.
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19 Jan 17
The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
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16 Jan 17
Previous predictions of higher global growth over the next two years are likely to be realised, the International Monetary Fund has said.
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13 Jan 17
Australia is to set up an independent body to monitor parliamentary expenses after the country’s health minister resigned amid a scandal over travel costs she is alleged to have claimed...
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10 Jan 17
Around a fifth of all health spending is probably ineffective or wasteful, an OECD deputy director has estimated at the launch of a report looking at inefficiencies in the world’s health systems.
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6 Jan 17
The Greek government’s decision to pay out over €600m to the country’s pensioners in the form of a Christmas bonus shows up the weaknesses of its financial management system
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5 Jan 17
China is to channel 2.5tn yuan ($361bn) into renewable energy technologies by the end of the decade, the country’s energy agency said today.
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4 Jan 17
Finland has begun delivering unconditional payments to unemployed citizens to test whether providing a universal basic income can help boost employment.
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3 Jan 17
Some of Nigeria’s poorest citizens have received the first round of monthly 5,000 naira ($16) payments intended to help alleviate severe poverty in the country.
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21 Dec 16
Eurozone governments should start plugging a “wide and deep” gap in public investment gap by taking advantage of low interest rates, the European Commission has suggested.
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15 Dec 16
Debt relief measures for Greece have been frozen just weeks after they were agreed because of a series of social welfare measures announced by the government, a move that has angered creditors.
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15 Dec 16
A constitutional amendment to freeze Brazil’s public spending for 20 years will take effect today, after being approved by parliament earlier this week.
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15 Dec 16
High public sector debt is a key risk to the performance of Malaysia’s economy, the International Monetary Fund warned as it welcomed plans to cut spending and hike certain taxes.
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14 Dec 16
Greeks are unhappier with their lives than citizens in a host of post-communist and less developed nations across Europe and central Asia, according to a survey.
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14 Dec 16
The International Monetary Fund has congratulated Spain on an “impressive” economic recovery.
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12 Dec 16
Governments should focus spending on mental health and wellbeing, researchers have argued, after a study found these are more closely linked to happiness than financial problems or poverty.
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12 Dec 16
Brazil’s planned 20-year government spending freeze will breach citizens’ human rights, a United Nations expert has concluded.
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6 Dec 16
Audit institutions and governments need to make audit reports on public spending more accessible to civil society organisations, the International Budget Partnership has found.
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28 Nov 16
A shift toward protectionism would dash any hopes that the global economy can be broken out of its “low-growth trap”, the OECD has warned.
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22 Nov 16
The US Federal Reserve’s second in command has hinted that some of president-elect Donald Trump’s fiscal policies could help the bank and the US economy.
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11 Nov 16
The instability triggered by the Arab Spring has cost countries in the region $613.8bn since 2011 and a fiscal shortfall $217.9bn greater than pre-crisis projections, the United Nations has found.
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11 Nov 16
PEFA has been supporting effective PFM reform since 2005. After the launch of its upgraded framework earlier this year, where next for the world’s principal method of assessing PFM performance?
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10 Nov 16
Providing decision makers with robust and comprehensive information helps them to assess progress against investment goals and needs. Understanding how public policy, finance and support interact...
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9 Nov 16
The Republican candidate Donald Trump has won a surprise victory in this year’s US presidential race, pledging unity and increased government infrastructure spending in his victory speech.