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26 Sep 17
In political turmoil and with an impoverished economy, Zimbabwe has struggled to feed its own people since 2000 and faced heavy sanctions from the EU and US. CIPFA fellow David Watkins led an...
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26 Sep 17
Former Pakistani prime minister Nawaz Sharif appeared before an anti-corruption court today, as trial proceedings begin following a corruption probe.
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26 Sep 17
The European Union decided on Monday to close the ‘excessive deficit procedure’ against Greece after the country’s improvements in its fiscal position and overall economic recovery.
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25 Sep 17
Since the New Zealand government blazed a trail by shifting to accruals accounting in 1992, it has been taking off in the public sector across the world.
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25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
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22 Sep 17
Conviction and perseverance are needed to move to an accruals-based accounting system, Malta’s finance minister and former accountant general have told PF.
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20 Sep 17
More than two thirds of promises made by 43 countries to fight corruption last year have been completed or seen progress but more work needs to be done, a report said.
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19 Sep 17
The US’s 22% contribution to the United Nations’ budget is “unfair”, president Donald Trump told the UN General Assembly today.
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19 Sep 17
Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
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11 Sep 17
Ireland’s finance minister has announced Ireland will repay its outstanding IMF debt and bilateral loans from Sweden and Denmark early and in full.
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11 Sep 17
A former finance minister has branded the Indian government’s surprise move to withdraw 500 and 1,000 rupee notes from circulation overnight to weed out so-called ‘black money’ a...
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8 Sep 17
Donald Trump’s decision to scrap a programme giving temporary immigration status to around 800,000 young people could cost the US billions, says a report.
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6 Sep 17
Tanzanian president John Magufuli has ordered an anti-corruption watchdog to investigate suspected cases of corruption and fraud in the country.
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5 Sep 17
German chancellor Angela Merkel has doubled a fund to help local governments clean up urban transport to €1bn ($1.19bn).
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4 Sep 17
Brazil's large-scale privatisation of state assets may not be all that it seems. Gavin O'Toole, author of numerous books on the region, says although the sell-off has pleased the markets it...
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1 Sep 17
Large scale theft of public money was among factors that stymied an International Monetary Fund programme to promote growth in Malawi.
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31 Aug 17
The United Arab Emirates has opted for what it has said will be one of the world’s lowest value added tax rate when it imposes the tax in January.
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30 Aug 17
Russia’s central bank has had to rescue one of the country’s largest financial institutions.
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25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
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25 Aug 17
Sri Lankan government departments have been warned that all budget proposals for next year should include key performance indicators alongside their output targets.
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24 Aug 17
Zambia and South Africa intend to collaborate in tax administration, treasury management, revenue collection, trade and revenue leakage prevention.
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24 Aug 17
Brazil has launched a large-scale privatisation plan to sell off highways, ports and the country’s mint in an attempt to raise government revenue and improve infrastructure investment.
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22 Aug 17
Bahrain urgently requires an additional sizable and frontloaded fiscal adjustment to reduce its large fiscal and external financing needs, the International Monetary Fund has said.
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21 Aug 17
The World Bank has signed a zero-interest $200m credit with Myanmar to help with programmes that include better public debt management, increased tax collection and stronger public finance management.
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15 Aug 17
American senators have urged the US Treasury to use the tools available to it to crack down on corruption in South Sudan, which they say is enabling violence and civil unrest.