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26 May 17
In its 2017 budget, New Zealand unveiled public finance forecasts likely to be envied the world over. Set for a significant, and growing, cash surplus, the government can tackle some long-standing...
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25 May 17
New Zealand expects a surplus of around $5bn by 2021, according to its 2017 budget, which plans lower taxes and investment in services and infrastructure to make the most of this position.
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24 May 17
US president Donald Trump has proposed dramatic cuts to the US’s overseas aid spending in his budget for the 2018 fiscal year.
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24 May 17
African nations are subsiding countries far richer than they, research by a group of development charities has found.
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19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
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15 May 17
Germany should look to refine its revenue projection models, which are repeatedly off the mark and encourage overly tight purse strings, the International Monetary Fund has said.
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12 May 17
German tax revenues are to overshoot estimates by €7.9bn according to finance minister Wolfgang Schäuble, who promised to cut tax in light of the better-than-expected figures.
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8 May 17
More and better public finance is essential to finding the 10.5% of GDP Asia-Pacific’s poorest countries need to bridge debilitating infrastructure gaps, according to the United Nations.
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3 May 17
Strong, proactive fiscal governance is critical to securing development gains in Asia-Pacific, the United Nations body dedicated to the region has said.
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2 May 17
Greek bailout officials have reached a deal on future austerity measures in the country, including pension and tax cuts and ending six months of wrangling.
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28 Apr 17
OECD secretary-general Angel Gurría has warned that attempts to “fix” globalisation will fail if governments compete with one another in a “race to the bottom” in areas like standards and tax.
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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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25 Apr 17
The African Development Bank will need more funding soon, its president has warned at an event in Washington DC.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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13 Apr 17
Better tax policies are key to solving the global productivity problem, adding roughly one percentage point to long-term GDP growth in the process, the International Monetary Fund has said.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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7 Apr 17
Greece and its creditors have chipped away at a deadlock over the next phase of its €86bn bailout deal, reaching an agreement on the “overarching issues”.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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29 Mar 17
A US tax on imports would have “sizeable” consequences for other countries, hitting public finances as far afield as Singapore and Indonesia, ratings agency Fitch has warned.
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27 Mar 17
An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
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24 Mar 17
Tax policies can and should be leveraged to boost productivity, the head of the International Monetary Fund’s fiscal affairs department has said.
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24 Mar 17
The Latin America and Caribbean region continued to close its tax gap with others in 2015, rebuffing the impact of the collapse in commodity prices on revenues, the OECD has found.
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28 Feb 17
European Union funds focused on helping sub-Saharan African countries to collect more domestic taxes are not yet being used effectively, auditors said today.
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24 Feb 17
Mexico’s sugar tax has reduced consumption of sugary drinks for the second year in a row, knocking industry claims that the tax would lose its effect after the first year.