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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.
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19 Apr 17
A UK think-tank has urged Ghana to invest in greater economic diversity to make the most of a recent $2.2bn bond sale – the biggest single-day debt issue by a sub-Saharan African government.
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13 Apr 17
Ensuring sound government finances should be a priority for developing countries in East Asia and the Pacific, the World Bank has said.
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12 Apr 17
Italy has approved €3.4bn worth of emergency cuts, yielding to a European Commission demand that it do more on its deficit or face sanctions.
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11 Apr 17
More taxes, better monitoring and more transparent spending will be needed in Qatar to offset the impact of a price slump on the country’s commodity-reliant economy, according to the International...
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7 Apr 17
Greece and its creditors have chipped away at a deadlock over the next phase of its €86bn bailout deal, reaching an agreement on the “overarching issues”.
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6 Apr 17
Ukraine could be on track to receive a total of $5.5bn from the International Monetary Fund this year if the country presses ahead with anti-corruption and pension reforms.
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6 Apr 17
Pakistan will not meet its deficit target in 2017, the government has admitted, as the International Monetary Fund warned more tax increases and spending cuts will be needed to maintain progress.
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5 Apr 17
Progress is being made with European Union member state’s partnership spending plans, but performance measures are too complex, auditors have concluded.
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4 Apr 17
“Appalling” behaviour by UK aid contractors is facilitated by a hands-off approach to procurement by the country’s aid department, Britain’s parliamentary aid watchdog has concluded.
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4 Apr 17
Almost all Caribbean nations have adopted IPSAS or are in the process of doing so, according to a recent study.
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3 Apr 17
Nigeria’s economy is heading for a bleak 2017 unless the country’s government pursues revenue growth and policy changes, the International Monetary Fund has said.
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3 Apr 17
Demonstrations demanding the ousting of South African president Jacob Zuma are expected to kick off across the country today.
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30 Mar 17
Nigeria raised $500m via a eurobond issue yesterday, the proceeds of which will fund the country’s substantial infrastructure spending plans.
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28 Mar 17
European Union aid for Tunisia was overambitious and too lax, according to the European Court of Auditors.
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28 Mar 17
After a more than two-decade long civil war, Somalia has set off on the long path towards peace and prosperity. While the government has won praise for its public financial management reforms, it...
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27 Mar 17
Portugal has recorded its lowest deficit in 40 years after halving it in 2016, figures published by the country’s national statistics office last week showed.
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27 Mar 17
The use of taxpayers’ money and service delivery are two arenas where the battle for public trust can be won or lost, the OECD has highlighted.
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27 Mar 17
An Indonesian tax amnesty scheme has seen over $330bn in assets declared in less than a year, making it one of the most successful ever conducted.
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22 Mar 17
Nigeria today launched an IPSAS-compliant accounting solution to be rolled out across the country’s federal, state and local government.
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21 Mar 17
Eurozone finance ministers have agreed to benchmark the sustainability of member states’ pension systems against the performance of the best.
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20 Mar 17
UK aid is to fund training courses in financial management, governance and cost effectiveness to smaller British organisations managing humanitarian projects around the world.
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20 Mar 17
A crisis over how to pay $862.5m per month in benefits relied upon by 17 million people in South Africa has been averted by the country’s constitutional court.
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17 Mar 17
Kenya’s president took aim at “staggering” civil service salaries in the country in his state of the nation speech to parliament earlier this week.