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2 Jun 20
Budget transparency is more important than ever amid the Covid-19 pandemic, but most governments fail to reach a decent standard of openness, an expert and advocate for accountability has told PFF.
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
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22 May 20
Australia has halved the number of people’s wages it expects to subsidise as part of its Covid-19 economic rescue package, blaming reporting errors for the confusion.
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22 May 20
The Covid-19 pandemic is having a huge impact on governments around the world. With many local governments struggling to find the money to continue to provide frontline services at a time when...
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7 Apr 20
Millions of job losses resulting from the coronavirus pandemic are putting governments around the world under huge financial pressure to meet unemployment payments.
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3 Apr 20
Asian governments have introduced radical fiscal policy measures to beat the impact of COVID-19. Muhammad Afnan Alam, who works in the Auditor General of Pakistan’s office, details their responses.
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31 Mar 20
The largest financial stimulus package in US history has been approved by the president to fight the economic effects of the coronavirus outbreak.
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24 Mar 20
Germany has announced €156bn of new spending to fight the economic effects of the coronavirus.
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17 Mar 20
France is mobilising €45bn to help keep its economy afloat, the finance minister announced, after president Emmanuel Macron declared the country was “at war” with the coronavirus.
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17 Mar 20
While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes to securing the global economy, writes IMF...
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9 Mar 20
The IMF’s Vitor Gaspar and Paolo Mauro outline how governments should respond to the outbreak in order to stop the worst economic effects.
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28 Feb 20
European finance ministers are considering intervention in their economies to counter the impact of coronavirus outbreaks.
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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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28 Jan 20
Governments have a responsibility to spend resources properly in order to create the high quality infrastructure their citizens need, argue Bruno Carrasco and Edwin Lau of the Asian Development Bank.
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24 Jan 20
There have been fears that the legendary status of Scandinavian social welfare was starting to slip, but closer inspection suggests that it is merely being restyled to face fresh challenges.
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17 Jan 20
Vietnam must develop quality infrastructure if it wants to expand its economy, the World Bank has said.
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9 Jan 20
South Korea has set a record budget for research and development, with the government hoping to enhance the economy and improve the lives of Koreans.
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8 Jan 20
A coalition of progressive parties will form Spain’s new government after nearly a year of political stalemate.
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8 Jan 20
Progressive taxation is one of several measures that could help reduce the inequality that has become entrenched in society worldwide, argues IMF managing director Kristalina Georgieva.
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6 Jan 20
At least $2bn has been pledged to fight the bush fires ravaging Australia by the country’s prime minister Scott Morrison.
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3 Jan 20
Health worker numbers need to nearly double in the new decade, especially in low and middle-income countries, the head of a top UN agency has said in a new year message.
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18 Dec 19
Finnish economic growth is expected to slow in the next few years as public finances weaken, according to the government’s economists.
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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
New Zealand prime minister Jacinda Ardern has said questions must be asked after a devastating volcanic eruption on White Island left at least six people dead.
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5 Dec 19
France is experiencing its biggest national strike in decades as angry workers demonstrate about proposed pension reforms.