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11 Apr 19
Governments are sitting on a hidden “goldmine” of largely ignored public assets that could be used to transform development.
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9 Apr 19
A decade after taking the oath as Malaysia’s prime minister, Najib Razak has found himself in the dock on corruption charges.
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9 Apr 19
Sub-Saharan Africa struggled in 2018 to end four years of economic growth rates below the level at which its population expanded.
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5 Apr 19
Election sweeteners were at the heart of Australia’s latest budget as the Coalition government pledged extensive tax relief for households and a boost for small businesses.
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29 Mar 19
China is to prosecute the former head of Interpol on corruption charges after authorities accused him of spending “lavish” amounts of state funds and abusing his power.
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26 Mar 19
Wind and solar power in the US are now cheaper than coal in a major setback for president Donald Trump’s promise to revive the ailing fossil fuel industry.
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26 Mar 19
Use of the dollar may be damaging Ecuador’s economy as appreciation of the US currency dents the country’s competitiveness.
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25 Mar 19
Financing mechanisms must be transformed to help 600 million Africans who still lack access to electricity, energy leaders have been told.
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22 Mar 19
Portugal needs to reform its pensions system to address the challenges of an ageing population and shrinking workforce.
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22 Mar 19
The US defence department has proposed to pay for the wall on the Mexican border by shifting billions of dollars away from projects such as facilities for military children.
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21 Mar 19
More than half of people in developed countries believe their governments should tax the rich more to fund public services and benefits, an OECD survey has revealed.
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19 Mar 19
Governments in low-income countries are spending nearly 10% less than they promised in their budgets, weakening public trust and transparency, public financial management experts have warned. ...
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19 Mar 19
Germany’s budget for next year calls for a 1.7% hike in overall spending to €362.6bn – but its defence spending will be less than NATO’s target.
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18 Mar 19
For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
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18 Mar 19
Governments are becoming increasingly interested in giving the public more of a say over budgeting, the policy director of a not-for-profit corporation has told PF International.
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18 Mar 19
The World Bank has approved $72m in financing for Laos to reduce malnutrition in children and improve public financial management.
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15 Mar 19
The IMF has commended Greece’s economic growth as among the best in the eurozone – but urged it to press ahead with unfinished fiscal reforms to avoid any future risks.
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15 Mar 19
MPs in Kenya have questioned how a 10km wire fence on the country’s border with Somalia cost $35m.
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13 Mar 19
US president Donald Trump has sent Congress a record $4.75 trillion budget plan, which calls for bigger military spending - but slashes funds for domestic programmes.
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12 Mar 19
Countries must start using the information presented in accrual financial reports to make better policy decisions, a seminar in Washington has heard.
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12 Mar 19
Governments around the world could boost their public coffers with as much as 3% of their GDP by better managing their assets and producing strong balance sheets.
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11 Mar 19
The French government should link pension rises to inflation for the poorest citizens, the party led by president Emmanuel Macron has said.
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11 Mar 19
The Norwegian government has announced its intention to sell its trillian-dollar sovereign wealth fund’s stakes in oil and gas exploration and production.
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8 Mar 19
The Indian state of Chhattisgarh is pushing on with its public financial management reforms with the support of a $25.2m loan from the World Bank.
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4 Mar 19
Bangladesh is to boost its public financial management and budget process with the help of a $100m loan from the World Bank.