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13 May 16
Pakistan looks set to receive its next half a billion dollar disbursement from the International Monetary Fund as the lender confirms the south Asian country has met programme targets.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
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10 May 16
CIPFA is to help strengthen the capacity of public sector accountancy in Zimbabwe, it was announced yesterday.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.
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10 May 16
CIPFA president John Matheson has outlined “critical areas” where public service finance professionals should focus their efforts to meet challenges and capitalise on opportunities.
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9 May 16
Germany should step up its public and private investment to meet infrastructure needs and reduce the country’s large account surplus, the International Monetary Fund has said.
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9 May 16
Athens lawmakers have approved a host of controversial pension and tax reforms in a bid to unlock the next tranche of Greece’s bailout cash.
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6 May 16
Nigeria’s president Muhammadu Buhari has signed this year’s controversial $30bn budget into law.
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6 May 16
The lingering impact of the Ebola epidemic and the commodity price slump are weighing heavily on the economies of Guinea and Liberia, the International Monetary Fund has said.
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5 May 16
Zimbabwe has announced it will start to print its own version of the US dollar after banks were forced to cut withdrawal limits amid cash shortages.
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5 May 16
The World Bank has recommended that Mongolia implement spending controls after its budget deficit in the first three months of 2016 reached two-thirds of the annual target.
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4 May 16
The World Bank has warned Mozambique that high levels of fiscal risk are threatening its economy and called for greater risk assessment and transparency.
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3 May 16
Puerto Rico has announced it will not pay around $422m in bond payments due yesterday, the most significant default yet in the country’s spiralling debt crisis.
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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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29 Apr 16
The United Kingdom has suspended all financial aid to Mozambique following a “serious breach of trust” relating to more than $1bn worth of undisclosed debts.
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28 Apr 16
How can China best manage its huge growth in public-private partnerships?
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28 Apr 16
Local governments’ recourse to capital markets is on the rise, fuelled by growing issuances in China, Fitch Ratings has found.
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26 Apr 16
PEFA has become the standard tool for measuring public financial management systems – but has it also become a misleading victim of its own success?
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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25 Apr 16
Mozambique’s government has come clean about $1bn worth of borrowing it hid from the International Monetary Fund.
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25 Apr 16
The International Monetary Fund has advised Vietnam to tighten its belt in the face of sharp increases in public debt.
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22 Apr 16
A new local government institute is to help build the public financial management capacity of local authorities in Rwanda.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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18 Apr 16
The South American nation of Suriname is set to receive a support package worth $478m from the International Monetary Fund intended to help its economy pull out of recession.