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29 May 18
New Zealand will transform the way its public sector works together when it brings in the world’s first ‘wellbeing budget’, a Treasury official has told PF International.
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25 May 18
The European Union €166bn budget for 2019 will “invest in a stronger and more resilient European economy”, it has announced.
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25 May 18
The European Bank of Reconstruction and Development will share its climate-related financial information in its investments for the first time this year.
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25 May 18
Developing countries need to have the “basic building blocks” in place before they can make sustainable reforms, the president of a global financial management body has said.
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25 May 18
Germany’s federal government will have nearly €11bn more to spend over the next four years as a result of more tax revenue than expected, a German government source has told PF International.
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24 May 18
The EU could spend less on green policies in 2021-27 than promised by the European Commission, a climate change campaigning group has warned.
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24 May 18
One third of the Asian Development Bank’s programmes are unlikely to be sustainable after they have been completed, the bank’s independent evaluation department has said.
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23 May 18
Africa must focus more on industrialisation to boost economic development, the president of the African Development Bank has said.
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22 May 18
The Zimbabwean government needs to regain the trust of the people to achieve its aim of creating a ‘cashless society’, an Overseas Development Institute research fellow has told PF International.
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22 May 18
Sri Lanka’s debt crisis will worsen as a series of costly projects commissioned by the former government has resulted in record-high repayments, the country’s finance minister has said.
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22 May 18
The US president Donald Trump has indicated he wants to use post Brexit trade talks with the UK to push up the price of drugs for the NHS.
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18 May 18
The New Zealand coalition has delivered a big boost for public services in its first budget, including NZ$3.2bn extra for health services and a new state housing programme.
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18 May 18
Indonesia should continue to strengthen its public financial management in the face of slower growth and rising inequality in the country, a World Bank report has said.
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17 May 18
Japan’s economy shrank in the first quarter of 2018 for the first time in two years, official data has shown.
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15 May 18
The Asian Development Bank and the Pakistan government have agreed to work together to ‘upscale’ public private partnerships in the country.
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15 May 18
Italy’s anti-establishment party leader has asked for “a few more days” to work out a coalition deal with the far-right League.
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15 May 18
The German government should work to reduce its high trade surplus by increasing public investment, the International Monetary Fund has advised.
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14 May 18
Lenders and borrowers must be “more responsible” as debt crises are growing across the globe, a charity has warned.
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14 May 18
Nicaragua’s violent unrest highlights the danger faced by unpopular leaders who tinker with retirement systems, says Gavin O’Toole.
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14 May 18
Zimbabwe’s central bank has banned cryptocurrency trading and processing, its governor has said.
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11 May 18
Technology is reshaping how governments raise and spend money, says a group from the IMF’s fiscal affairs department.
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10 May 18
Looting of public resources has left South Africa on the brink of becoming a failed state, according to the Treasury’s director general.
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9 May 18
The Australian state of New South Wales has unveiled a AU$34m plan to help protect the koala population, which has dropped drastically over the past two decades.
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8 May 18
The finance minister of Serbia has resigned as the country starts talks with the International Monetary Fund on new funding arrangements.
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8 May 18
The European Bank for Reconstruction and Development lags behind its counterparts and the private sector in moving away from funding fossil fuels, says think-tank E3G’s Helena Wright.