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27 Jan 17
Time is running out to break an impasse over the next stage of the €86bn Greek bailout deal, French finance minister Michel Sapin warned after a Eurogroup meeting yesterday.
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26 Jan 17
CIPFA is to help strengthen public financial management in India in collaboration with the Institute of Cost Accountants of India.
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25 Jan 17
Egypt has raised $4bn from its first public bond issuance since securing $12bn in aid from the International Monetary Fund, it was announced yesterday.
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23 Jan 17
The former president of The Gambia has allegedly made off with $11m in public money after going into exile over the weekend.
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20 Jan 17
Incoming US president Donald Trump is reportedly eyeing $10tn worth of cuts to government spending over the next decade.
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20 Jan 17
The European Central Bank has kept its extraordinary monetary policy unchanged after its latest monetary policy meeting yesterday.
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19 Jan 17
The European Commission has called on Italy to reduce its 2017 deficit by around €3.4bn ($3.64bn) to avoid potential sanctions for breaking European Union spending rules.
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19 Jan 17
The International Monetary Fund has slashed Saudi Arabia’s 2017 growth forecast by 1.6 percentage points this week, as OPEC-agreed cuts to oil production weigh on the country’s already struggling...
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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...