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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,...
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10 Oct 18
The European bloc should “climate proof” the whole of the next EU budget, cutting out all projects that are not in line with the Paris Agreement, an open letter to ministers on an EU council has...
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9 Oct 18
Pakistan’s prime minister has said he may go to the International Monetary Fund for a bailout loan if other governments do not step in to help his country.
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8 Oct 18
The European Union should be realistic with the spending promises it makes in the next budget period of 2021 to 2027, auditors have warned.
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8 Oct 18
Private public partnerships drain the public purse and international lenders should support countries to find other ways of financing public services, an umbrella group has warned.
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3 Oct 18
The Colombian defence minister has said the government has no plans to buy an anti-aircraft missile defence system to modernise its air force because of budget constraints.
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2 Oct 18
The European Union has removed the Pacific island of Palau from its list of tax havens after the country committed to making changes to its tax system.
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1 Oct 18
Brazilian state-owned energy company Petrobras has agreed to pay the US and Brazil a $853m corruption fine.
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28 Sep 18
The consequences of poorly executed public infrastructure can be deadly but there is a way forward, says Transparency International’s Claire Martin.
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28 Sep 18
Pakistan’s premier Imran Khan is putting his government’s eight buffaloes up for sale as part of his continued efforts to replenish the public coffers.
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28 Sep 18
Italy’s populist government has put its relationship with the EU in jeopardy after agreeing higher spending plans, as it tries to end poverty with its first budget.
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27 Sep 18
The Word Bank has approved $80m in loans to Somalia to assist with public finance reforms, marking the first funding for the government in more than 30 years.
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27 Sep 18
Argentina will receive the biggest bailout package ever from the International Monetary Fund to help the country restore its economy faster, Christine Lagarde has announced.
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27 Sep 18
The UK’s Department for International Development has “significant weaknesses” in contract management with commercial suppliers, a watchdog has found.
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26 Sep 18
The Jamaican finance ministry is drafting a new public financial management policy to respond to natural disasters, the finance and public service minister has confirmed.
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25 Sep 18
The public sector accountancy profession needs to be made more attractive to ensure that young talent stays and helps countries develop, an African Union director has said.