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7 Nov 18
Sub-Saharan African countries are “not immune” to global risks even though economic growth in the area is rising, the IMF has said.
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5 Nov 18
The new Malaysian government has allocated 227.5m ringgit ($54.39) to increase the number of accountants in the country, in its budget last week.
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5 Nov 18
Jon Blackburn tells Public Finance how Sydney Opera House is evolving to attract new audiences in a digital age, while a major renovation prepares the venue for the 21st century.
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4 Nov 18
Almost two thirds of governments around the world will shift to accrual-based accounting within the next five years, CIPFA and the International Federation of Accountants have predicted.
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2 Nov 18
Mongolia has secured an extra $36m from the IMF after successfully implementing reforms and complying with loan conditions.
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2 Nov 18
China has indicated it will support Pakistan as the country struggles with a “very difficult” economic situation.
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1 Nov 18
Egypt has secured an extra $2bn payout under its loan agreement with the International Monetary Fund.
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31 Oct 18
The Democratic Republic of Congo’s tax and revenue collection is lagging behind other African countries, a joint report from multinational bodies has revealed.
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30 Oct 18
Brazil’s newly elected populist president Jair Bolsonaro has pledged to reform government finances and tackle corruption.
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30 Oct 18
The International Monetary Fund has approved an extra $5.7bn to help Argentina with its economic crisis.
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26 Oct 18
Saudi Arabia has agreed to a $6bn rescue package for Pakistan to help it deal with debt problems.
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25 Oct 18
The European Commission has told Italy to revise its budget for next year to rein in spending - the first time it has taken such an action.
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22 Oct 18
Italy’s plans for increased public spending will be in the interest of the “entire European economy”, the country has told Brussels in a response to criticism of its draft budget.
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22 Oct 18
Child poverty is on the rise in advanced economies since the financial crisis, the OECD has warned.
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19 Oct 18
Malaysia will shift to accrual accounting within the next three years as part of reforms to stop the “excesses of the past”.
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19 Oct 18
PF International caught up with bid and programme manager Sara Breen about progress on CIPFA's work to modernise the supreme audit institution in Tajikistan. ...
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16 Oct 18
Portugal and the UK have some of the weakest public finances in the world, according to the IMF’s biannual fiscal monitor, based on analysis of balance sheets for the first time.
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15 Oct 18
Penny Mordaunt has proposed plans to change the rules on aid to include millions of pounds from private investment and “reduce the ask on the public purse”.
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15 Oct 18
The European Commission will provide €100m to the Somali budget over the next two and a half years to support reforms in the country and strengthen government institutions.
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15 Oct 18
Japanese prime minister Shinzo Abe has announced a sales tax hike in 2019 to address public debt caused by ballooning social security costs.
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15 Oct 18
Venezuela’s agony illustrates that in Latin America there are two sides to every story, writes journalist Gavin O’Toole.
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12 Oct 18
African governments’ debt to overseas lenders doubled in two years leaving countries struggling to pay them back, a charity has warned.
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12 Oct 18
Pakistan has appealed to the International Monetary Fund for a bailout package to help it out of economic turmoil.
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12 Oct 18
Future global economic productivity could stall unless governments invest more in their people and services to support them, the World Bank chief has warned.
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11 Oct 18
It’s encouraging to see the IMF recognise the balance sheet’s role in fiscal management. Accounting’s contribution in generating the necessary information should also be acknowledged, says Ian Ball,...