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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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2 Jul 21
International reforms of corporation tax could have “serious implications” for Ireland’s public finances, a report from the country’s central bank has warned.
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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.