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17 Jan 17
Mozambique will miss a $60m interest payment on Irish-listed eurobonds due tomorrow, the country’s finance ministry has said.
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13 Jan 17
“Management weaknesses” in the European Commission have contributed to reducing the effectiveness of recent EU aid to Honduras, according to a report published yesterday by the European Court of...
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13 Jan 17
Australia is to set up an independent body to monitor parliamentary expenses after the country’s health minister resigned amid a scandal over travel costs she is alleged to have claimed...
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10 Jan 17
Around a fifth of all health spending is probably ineffective or wasteful, an OECD deputy director has estimated at the launch of a report looking at inefficiencies in the world’s health systems.
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9 Jan 17
Minimum wages and pensions are to rise by 50% in Venezuela as part of government attempts to combat runaway inflation.
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6 Jan 17
The Greek government’s decision to pay out over €600m to the country’s pensioners in the form of a Christmas bonus shows up the weaknesses of its financial management system
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5 Jan 17
Substantial waste and poor outcomes in the world’s health systems could be alleviated by correcting mismatches in the way available resources are allocated, researchers have found.
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21 Dec 16
Eurozone governments should start plugging a “wide and deep” gap in public investment gap by taking advantage of low interest rates, the European Commission has suggested.
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16 Dec 16
Construction cartels and firms with links to organised crime could benefit from billions in European public money after winning contracts to build a pipeline carrying gas from Azerbaijan to Europe,...
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15 Dec 16
A constitutional amendment to freeze Brazil’s public spending for 20 years will take effect today, after being approved by parliament earlier this week.
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15 Dec 16
High public sector debt is a key risk to the performance of Malaysia’s economy, the International Monetary Fund warned as it welcomed plans to cut spending and hike certain taxes.
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13 Dec 16
Claims the International Monetary Fund is demanding more austerity in Greece amount to ‘turning the truth upside down’, the fund has argued.
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12 Dec 16
Brazil’s planned 20-year government spending freeze will breach citizens’ human rights, a United Nations expert has concluded.
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8 Dec 16
The European Union’s support for improved financial management and governance in Ukraine has been only partially effective, and the limited results achieved so far remain “fragile”, the bloc’s...
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8 Dec 16
The Federation of European Accountants has rebranded as Accountancy Europe and elected a fresh leadership team to mark its 30th anniversary.
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6 Dec 16
The Sustainable Development Goals have ambitions to leave no one behind. How do we square that with the need to achieve value for money?
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28 Nov 16
Diverse systems, narrow focus and a lack of capacity or experience are some of the key challenges in developing financial management and harmonised accounting standards highlighted by speakers at the...
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25 Nov 16
CIPFA has awarded EY’s IPSAS lead Thomas Müller-Marqués Berger honorary membership to celebrate his “outstanding” contribution to raising the standards of global public financial management.
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24 Nov 16
CIPFA has launched an updated, interactive version of its whole system approach framework at its international seminar event in Luxembourg today.
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24 Nov 16
Watch CIPFA’s International Seminar from Luxembourg live from 2pm CET today. Speakers at today’s sessions include CIPFA International chair Ian Ball, former US comptroller general David...
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22 Nov 16
European Union spending on climate change may fall short of target, with a lacklustre effort to channel funds towards climate action throwing spending off schedule, auditors have found.
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21 Nov 16
Performance budgeting can be a useful tool if employed well, researchers have found, although doing this is complex, time consuming and may require a change of mindset.
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17 Nov 16
The economy of Brazil is emerging from recession but its recovery remains weak and will be gradual, according to the International Monetary Fund.
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15 Nov 16
The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
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14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.