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6 Jun 16
International efforts are underway to develop and strengthen Professional Accountancy Organizations and public sector finance training
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3 Jun 16
Securing debt and sanctions relief will be critical to Sudan’s continued recovery as growth remains constrained despite successful policies, the International Monetary Fund has said.
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3 Jun 16
Brazil’s economy has declined for the fifth consecutive quarter in what the finance ministry described as one of the deepest recessions in the country’s history.
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2 Jun 16
South Sudan will fall into even deeper economic crisis, resulting in further suffering for its people and threatening the already fragile peace process, without a change in policy and support from...
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27 May 16
The International Monetary Fund is to monitor and support the Somali government as it works to implement an economic reform programme – a significant milestone for the African country as it rebuilds...
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26 May 16
Japanese economists and experts have urged G7 governments to take the lead on ending tax havens as the countries’ leaders convene in Japan today.
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26 May 16
European Union finance ministers yesterday failed to agree on rules to crack down on tax avoidance by multinational companies.
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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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24 May 16
The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
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24 May 16
The International Monetary Fund has called for “unconditional” debt relief for Greece and said the current fiscal targets imposed on the country by the Eurogroup are unrealistic.
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23 May 16
New Zealand’s Local Government Funding Agency has shown how local authorities can come together to lower borrowing costs and achieve an increased profile with central government
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23 May 16
There is improved awareness of the contribution public financial management makes to good governance and facing down corruption. However, accrual-based information must be deployed
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20 May 16
Iraq has reached a $5.4bn bailout deal with International Monetary Fund staff to help the country plug a deep hole in its budget carved out by the conflict with ISIS and tumbling oil prices.
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19 May 16
CIPFA International chair Ian Ball has stressed the importance of good public financial management to improved service delivery and robust governance.
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19 May 16
Ukraine has secured initial approval for the release of $1.7bn worth of long-awaited bailout funds from the International Monetary Fund in July.
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19 May 16
The European Commission has deferred its decision on disciplinary action regarding Spain and Portugal’s stubborn “excessive” deficits until early July.
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18 May 16
Digital payments to emergency workers saved time and more than $10m in costs during the Ebola epidemic in Sierra Leone, a United Nations-backed initiative has found.
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17 May 16
With the lifting of international sanctions, there are many potential benefits for Iran’s economy. However, the country’s leaders also face new fiscal challenges in the years ahead
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17 May 16
Procurement specialists have gathered in Kazakhstan this week to share best practice on how to ensure integrity and transparency in public procurement.
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17 May 16
Poland’s plan to lower the retirement age is a “step in the wrong direction” and the government should reconsider, according to the International Monetary Fund.
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17 May 16
The deputy head of the International Monetary Fund has warned Iran on the economic consequences of domestic monopolies and conflicts of interest across companies and banks.
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16 May 16
Tanzania has slashed 10,000 “ghost workers” from its public sector payroll, saving government coffers more than $2m a month.
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16 May 16
Moody's has downgraded Saudi Arabia’s credit rating as the oil price slump hits the kingdom’s public finances.
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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.