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30 Jun 21
Public assets such as infrastructure are at greater risk of falling into disrepair if the government that owns them uses cash accounting, a conference has been told.
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28 Jun 21
The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
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28 Jun 21
Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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24 Jun 21
Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
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23 Jun 21
Argentina has reached an agreement with debtors to defer the majority of a $2.4bn loan repayment for nine months to avoid another default.
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23 Jun 21
Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
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22 Jun 21
Professional accountancy organisations can be central to implementing, maintaining and strengthening effective public financial management, according to the Confederation of Asian and Pacific...
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22 Jun 21
Luxembourg’s credit outlook will not be heavily affected by the G7's international corporation tax proposals due to extraordinary levels of wealth, according to ratings agency Moody’s.
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22 Jun 21
The International Monetary Fund will not give Zimbabwe any financial support despite the government having no arrears with the fund for almost five years.
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17 Jun 21
Public bodies in more than half the world will undertake financial reporting on an accrual basis, according to new research.
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16 Jun 21
Austria's deficit is forecast to decrease to around 1% of GDP over the medium term, as its Covid-19 recovery takes shape, according to the IMF.
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15 Jun 21
Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
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15 Jun 21
Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
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14 Jun 21
Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
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10 Jun 21
The Japanese government still officially aims to reach a budget surplus by 2025 despite the impact of Covid-19 on its public finances.
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10 Jun 21
Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
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9 Jun 21
The Chinese economy will grow at a slower rate in the second half of this year as external supply chain disruptions impact on Covid-19 recovery, according to ratings agency Moody’s.
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9 Jun 21
Indonesian public finances will rely heavily on the economic recovery from Covid-19 to get back on track, but ratings agency S&P Global said the government’s record is reassuring.
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8 Jun 21
Stuttering tax reforms in Colombia need to raise more money than planned if they are to bring debt to a level conducive to a strong economic environment, a government advisory committee has concluded.
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8 Jun 21
Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
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8 Jun 21
Italian government debt reached a record by the end of 2020 and will only fall marginally by the end of the decade, according to rating agency Fitch’s projections.
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7 Jun 21
Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
30 Jun 21Public assets such as infrastructure are at greater risk of falling into disrepair if the government that owns them uses cash accounting, a conference has been told.
28 Jun 21The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
28 Jun 21Proposed reforms would reduce Indonesia's ‘tax gap’ to levels more in line with other countries, according to the country's finance minister.
25 Jun 21A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
24 Jun 21Germany’s cabinet has approved €100bn of borrowing to pay for the government’s Covid-19 response in the country’s draft budget.
24 Jun 21Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
23 Jun 21Argentina has reached an agreement with debtors to defer the majority of a $2.4bn loan repayment for nine months to avoid another default.
23 Jun 21Huge government spending amid the Covid-19 crisis and an unambitious deficit reduction plan will leave France’s public finances lagging behind its eurozone peers, the country’s national audit body...
22 Jun 21Professional accountancy organisations can be central to implementing, maintaining and strengthening effective public financial management, according to the Confederation of Asian and Pacific...
22 Jun 21Luxembourg’s credit outlook will not be heavily affected by the G7's international corporation tax proposals due to extraordinary levels of wealth, according to ratings agency Moody’s.
22 Jun 21The International Monetary Fund will not give Zimbabwe any financial support despite the government having no arrears with the fund for almost five years.
17 Jun 21Public bodies in more than half the world will undertake financial reporting on an accrual basis, according to new research.
16 Jun 21Austria's deficit is forecast to decrease to around 1% of GDP over the medium term, as its Covid-19 recovery takes shape, according to the IMF.
15 Jun 21Fiscal reforms Nigeria began during 2020 need to be completed to support the economic recovery from Covid-19, the World Bank has said.
15 Jun 21A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
15 Jun 21Kuwait’s central bank chief has said economic stability is “unattainable” without reforms to the oil-dependent, public-sector-dominated economy.
14 Jun 21Israel’s new coalition government offers a path to a new budget, which will be a credit positive to the nation, according to ratings agency Moody’s.
10 Jun 21The Japanese government still officially aims to reach a budget surplus by 2025 despite the impact of Covid-19 on its public finances.
10 Jun 21Local governments in the Philippines will receive a share of all national taxes from 2022, when they will take on more responsibilities, the country’s president has confirmed.
9 Jun 21The Chinese economy will grow at a slower rate in the second half of this year as external supply chain disruptions impact on Covid-19 recovery, according to ratings agency Moody’s.
8 Jun 21Stuttering tax reforms in Colombia need to raise more money than planned if they are to bring debt to a level conducive to a strong economic environment, a government advisory committee has concluded.
8 Jun 21Russia was able to weather the Covid-19 pandemic with some resilience, despite reductions in global oil prices, ratings agency Moody’s said.
8 Jun 21Italian government debt reached a record by the end of 2020 and will only fall marginally by the end of the decade, according to rating agency Fitch’s projections.
7 Jun 21Sweden’s looser Covid-19 restrictions and diversified economy enabled it to weather the pandemic better than other countries in financial terms, according to ratings agency Fitch.
