-
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
-
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.
-
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.
-
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,...
-
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.
-
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.
-
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.
-
12 Dec 16
Brazil’s planned 20-year government spending freeze will breach citizens’ human rights, a United Nations expert has concluded.
-
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...
-
8 Dec 16
The Federation of European Accountants has rebranded as Accountancy Europe and elected a fresh leadership team to mark its 30th anniversary.
-
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?
-
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...
-
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.
-
24 Nov 16
CIPFA has launched an updated, interactive version of its whole system approach framework at its international seminar event in Luxembourg today.
-
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...
-
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.
-
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.
-
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.
-
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...
-
14 Nov 16
Egypt’s economic reforms have successfully secured a $12bn loan from the International Monetary Fund.
-
14 Nov 16
Plans to increase the size of the fund underpinning the EU’s so-called Juncker Plan by €12bn are premature and not supported by evidence, the European Court of Auditors has argued.
-
11 Nov 16
CIPFA has signed two Memorandums of Understanding to secure partnerships with other organisations that can help support stronger public financial management around the world.
-
11 Nov 16
PEFA has been supporting effective PFM reform since 2005. After the launch of its upgraded framework earlier this year, where next for the world’s principal method of assessing PFM performance?
-
8 Nov 16
Brazil’s federal government has frozen the accounts of the financially imperilled state of Rio de Janeiro and ordered it to repay millions of dollars in arrears.
-
8 Nov 16
Morocco has invested $100m in World Bank green bonds.