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31 Oct 22
Government exposure to cyber attacks is growing because so many of their operations have become digital, and with such attacks becoming a significant feature of geopolitics the risk to public...
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16 Mar 22
Hidden risks threaten public sector balance sheets because of policies introduced in response to the pandemic and its economic impact, a World Bank report has warned.
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1 Feb 22
Experts predict the next 'black swan' event that could shake global public finances.
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30 Nov 21
The world’s local and regional governments will need to return their focus to issues that long predate Covid-19 as they look to shore up their post-pandemic finances, write S&P Global Ratings’...
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8 Nov 21
More than half of all public sector organisations do not have specific policies to combat fraud in the Canadian province of British Columbia, a survey has found.
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27 Aug 21
Australia’s Future Fund has reported a return of 22% - its highest ever - during the last fiscal year, with its portfolio ending up worth $197bn (£105bn).
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10 Aug 21
With increasing projections of a post-Covid-19 rise in inflation, what would ballooning prices mean for public sector finances?
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24 Oct 19
Struggling South African power company Eskom has been given an additional 59bn rand (£3.1bn) by the country’s government to help service its debt and stop power cuts.
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30 May 19
Tax havens luring companies engaged in cross-border trade with rock-bottom rates are destroying the century-old global corporate tax system, says an international network.
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29 May 19
Now that we have professionalised the management of debt and the management of interest rates then why not do the same with assets? Financial adviser Dag Detter asks.
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3 May 19
Kenya’s government is preparing to borrow further on international capital markets amid concerns about spiralling debts.
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3 May 19
It has traditionally been difficult for investors to assess the credit risk of investing in renewable energy of the Pacific nations - but that could be about to change, explains the Asian Development...
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26 Mar 19
The World Bank is handing Mozambique $90m to help the government build resilience to natural disasters.
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8 Nov 18
African countries can avoid debt distress if they ensure there is an ideal balance between revenues and expenditure, a former president of the African Development Bank has told a conference.
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7 Nov 18
Sub-Saharan African countries are “not immune” to global risks even though economic growth in the area is rising, the IMF has said.
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8 Oct 18
Private public partnerships drain the public purse and international lenders should support countries to find other ways of financing public services, an umbrella group has warned.
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4 Sep 18
Cybersecurity tops the list of concerns for internal audit professionals across Europe, a survey has revealed.
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6 Aug 18
The G20 has come up with a plan to develop an ‘infrastructure asset class’ to boost global infrastructure. But this is wrong and the focus should be on investing more public money into...
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1 Jun 18
Global reforms are needed to ensure the current strength of the worldwide economy is sustainable as risks are looming, the OECD has warned.
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10 May 18
Looting of public resources has left South Africa on the brink of becoming a failed state, according to the Treasury’s director general.
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14 Nov 17
International local governments cope with economic shock in different ways, explains Ileana Steccolini, but to improve financial resilience they must learn lessons from one another.
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10 Nov 17
A business school and philanthropic organisation are teaming up to find ways of identifying the risk of governments becoming unwilling or unable to meet loan obligations.
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9 Nov 17
Accountants from across the globe consider grant misspending to be the top public sector fraud risk, according to research co-released by CIPFA today.
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13 Mar 17
Strengthening the notion of civil service as a vocation in developing countries is critical to building the institutions needed for sound economic governance, an International Monetary Fund official...
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10 Mar 17
Switching to accrual accounting can secure better credit ratings for governments, Fergus McCormick, chief economist and co-head of sovereign ratings at agency DBRS has said.