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22 Mar 17
Nigeria today launched an IPSAS-compliant accounting solution to be rolled out across the country’s federal, state and local government.
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16 Jan 17
Inflation in Nigeria rose for the tenth consecutive month in December, according to a report published last week by the country’s National Bureau of Statistics.
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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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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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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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21 Nov 16
Nigeria’s economy has remained firmly in recession in the third quarter of the year, the country’s National Bureau of Statistics has announced.
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9 Nov 16
The International Monetary Fund has approved $178.7m for Moldova and extended credit facilities to support the country’s economic and financial reform programme.
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3 Nov 16
The African Development Bank has approved a $600m loan in a bid to plug Nigeria’s gaping $7bn budget deficit.
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2 Nov 16
Ukrainian MPs have passed on an opportunity to double their wages as an already hostile public still reels from the astonishing scale of wealth declared by public officials as part of a transparency...
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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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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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8 Sep 16
The Nigerian government hopes to tackle the country’s first recession in more than 20 years by promoting the agriculture and solid minerals sectors in order to diversify the economy.
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7 Sep 16
South Africa has dodged a recession after figures published today show its economy grew by 3.3% in the second quarter, after shrinking by 1.2% in the first few months of 2016.
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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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31 Aug 16
The Nigerian economy has officially gone in to recession after figures published today showed a 2.06% contraction in the second quarter of 2016.
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1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
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20 Jun 16
Japan will fall short of its growth targets without a “reboot” of prime minister Shinzo Abe’s economic strategy, the International Monetary Fund has warned.
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18 Apr 16
The Palestinian government is losing as much as $285m in revenues annually under arrangements whereby Israel collects VAT, import taxes and other revenues on its behalf.
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7 Apr 16
Russia’s economy faces a “long journey to recovery” from a recession that wiped 3.7% off its GDP in 2015 and could undo almost a decade’s worth of poverty-reduction gains, according to the World Bank...
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23 Nov 15
Unemployment, underemployment and low productivity risk becoming permanent features of the European economy, the UK-based Institute for Public Policy Research has warned.
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19 May 15
Moldova is likely to slip into recession this year because of reduced foreign investment, slow growth in the European Union and economic and geopolitical trouble in Russia, the World Bank has warned.
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19 May 15
The Russian economy is expected to hit a protracted recession in the next two years as a result of the slump in oil prices and the impact of Western sanctions and geopolitical tensions following the...
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1 Apr 15
The Russian economy is expected to hit a protracted recession in the next two years as a result of the slump in oil prices and the impact of Western sanctions and geopolitical tensions following the...