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17 Feb 17
Growth in West Africa is at risk due to governments continually shelving plans to cut spending and raise taxes, the International Monetary Fund has warned.
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17 Feb 17
Significant changes to the operation of the world’s largest sovereign wealth fund have been outlined in proposals from the Norwegian government.
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16 Feb 17
Falling health funding in Timor-Leste must be met with better planning and policies to manage rising costs, the World Bank has said.
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13 Feb 17
Countries can “leapfrog” periods of slower development by linking tax policy reform with measures to improve collection and administration, Christine Lagarde has said.
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10 Feb 17
Australia’s plan to eliminate its deficit risks being overly ambitious and doing more harm than good in an economy stuck in a “new mediocre”, according to the International Monetary Fund.
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8 Feb 17
The rift over the Greek bailout programme has deepened after the country’s government and European leaders hit back at a “pessimistic” International Monetary Fund report published yesterday.
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7 Feb 17
Two UK government aid funds worth a combined £2.3bn ($2.9bn) have come under fire today for a lack of transparency and "serious risks" around value for money.
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2 Feb 17
A more credible system of penalising European Union member states that break the bloc’s budgetary rules is needed, according to the International Monetary Fund.
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1 Feb 17
Argentina is set to increase the price of electricity by up to 90% as part of another subsidy cull, the country’s energy minister has announced.
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1 Feb 17
The Indian government is to cap cash transactions at around $4,500 and halve tax rates for the lowest earners, continuing its campaign against ‘black money’, or untaxed wealth.
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31 Jan 17
Saudi Arabia is to implement a VAT in the kingdom for the first time in an effort to cut Riyadh’s budget deficit.
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31 Jan 17
During 2016’s political upheavals, IPSASB stayed on course, working with standard setters around the world and on its own governance
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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.