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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.
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8 Nov 16
Many countries in Asia and the Pacific are spending too little on social protection programmes and should expand these to provide adequate cover to most of their populations, the Asian Development...
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3 Nov 16
Egypt has liberalised its exchange rate and devalued its currency by almost 50% in a bid to secure a $12bn International Monetary Fund loan to rescue the country from economy from crisis.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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21 Oct 16
The size of Germany’s large current account surplus is a threat to the eurozone economy and the country should consider increasing public investment, according to a survey of economists.
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17 Oct 16
Latin America and the Caribbean need to make better use of public sector innovation labs, according to an Inter-American Development Bank study.
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5 Oct 16
Nigerian president Mohammadu Buhari is planning to outdo his government’s record 2016 spending next year, according to budget proposals sent to the country’s parliament for approval.
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30 Sep 16
Brazil should pursue tougher austerity policies to bridge its substantial fiscal gap and pull its economy out of a painful recession, according to the International Monetary Fund.
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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
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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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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27 Sep 16
Improving people’s lives in developing countries requires strong public financial management. Without this, money is wasted and fraud can thrive
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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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13 Sep 16
Government spending in China rose 10.3% in August compared with the same period last year, according to the country’s ministry of finance.
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7 Sep 16
Australia’s economy can now boast a quarter of a century without recession after official figures showed the economy grew 3.3% in the year to June.
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6 Sep 16
Greece looks set to have another €2.8bn in bailout funds frozen amid reports that its European creditors will withhold the cash for the rest of the year due to lack of progress with reforms.
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6 Sep 16
The OECD has welcomed the release by the US and China of peer reviews into their national fossil fuel subsidy programmes, despite criticism over the G20’s failure to set a deadline to phase them out...
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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
A mega project to pipe gas from Azerbaijan to Europe both rewards an autocratic regime and promotes a misleading energy model
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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
Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
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8 Aug 16
Collaboration both within and outside of government is crucial to successfully building a smart city, the Inter-American Development Bank has stressed.
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29 Jul 16
Nigeria’s ministry of works has already spent nearly a quarter of its increased budget in less than three months as part of a programme to boost capital spending, the country’s minister for power,...
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25 Jul 16
The European Commission has ordered Spain to recover illegal state aid it granted to a state-owned railway operator for the construction of a high speed train testing centre.