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8 Sep 16
The Nigerian government hopes to tackle the country’s first recession in more than 20 years by promoting the agriculture and solid minerals sectors in order to diversify the economy.
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8 Sep 16
A plan to introduce surcharges on three of India’s most popular train routes from Friday has sparked uproar on social media.
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7 Sep 16
Provincial pension funds throughout China are struggling to break even after the government ordered a 6.5% increase on the basic pension for corporate retirees, according to state news agency Xinhua...
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6 Sep 16
The European Union lost a "staggering" €160bn in value added tax revenues in 2014, according to European Commission data released today.
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2 Sep 16
Malaysian prime minister Najib Razak is the mysterious unnamed official cited as a key figure in the billion-dollar looting of the country’s wealth fund, according to a senior member of his own...
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1 Sep 16
G20 leaders should champion stronger governance and public financial management following the upcoming summit in Hangzhou, China, according to the International Federation of Accountants.
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1 Sep 16
Ahead of this weekend’s G20 summit, the International Federation of Accountants is calling for a host of accounting issues to rise higher up the global agenda
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31 Aug 16
The World Bank has approved a $15m technical assistance project to help Ghana improve its public financial management, it was announced yesterday.
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31 Aug 16
The Nigerian economy has officially gone in to recession after figures published today showed a 2.06% contraction in the second quarter of 2016.
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23 Aug 16
The International Monetary Fund is re-evaluating Ghana’s economic performance before disbursing the next tranche of the country’s $918m financial aid programme after its parliament passed a law...
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22 Aug 16
The International Monetary Fund has criticised the government of Suriname for failing to implement necessary fuel and electricity price increases.
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22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
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19 Aug 16
The World Bank unveiled its new procurement framework in Sri Lanka yesterday, which it said will help countries make the most of their public spending, strengthen national policies and improve...
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19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
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18 Aug 16
Many of Zimbabwe’s local councils continue to operate budgets rejected by central government for allocating too much cash to salaries, according to an investigation by the country’s Financial Gazette...
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12 Aug 16
Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.
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11 Aug 16
Egypt is set to benefit from a $12bn International Monetary Fund loan over the next three years after agreeing on a programme to support economic reforms, it was announced today.
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9 Aug 16
Spain and Portugal have escaped fines for breaking European Union deficit rules, the European Council have confirmed.
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9 Aug 16
The UK’s aid watchdog has warned that some aid funds going to conflict-affected areas may be being diverted from their intended purpose and said “urgent attention” is needed to...
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4 Aug 16
An all-party parliamentary group in the UK has claimed the international proposals to combat global tax evasion do not go far enough and may create new loopholes that could be used to avoid paying...
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29 Jul 16
The International Monetary Fund underestimated the risks of the eurozone debt crisis and overrode its own procedures to make unsustainable loans, a key report published today has concluded.
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28 Jul 16
Japan will launch a 28 trillion yen ($266bn) economic stimulus package in another attempt to kickstart the country’s ailing economy, according to reports.
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27 Jul 16
The European Commission has called for fines mooted against Spain and Portugal for excessive deficits to be cancelled and new fiscal goals to be set.
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26 Jul 16
Enthusiastic commitment from governments is an “indispensible prerequisite” to building tax capacity in developing countries, four of the world’s most prominent international institutions have said.
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25 Jul 16
Public procurement in Bangladesh is to be upgraded and expanded with an additional $10m in World Bank cash.