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4 Nov 16
India has set the rates for a goods and services tax system that could see a single market in the country for the first time since it achieved independence.
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1 Nov 16
Saudi Arabia’s veteran finance minister Ibrahim al-Assaf has been sacked by the country’s King Salman after 20 years in the post.
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1 Nov 16
Tanzania remains on track for 7% growth in 2016, according to a review by the International Monetary Fund, but the slow pace of a public sector reform programme could pose a risk to the economy.
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26 Oct 16
Indonesia can expect GDP growth of 5.1% this year, thanks in part to its improved fiscal management, the World Bank has said.
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24 Oct 16
The fall in the value of the pound has created a hole in the EU’s budget for next year, according to the chief negotiator from the European Parliament.
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24 Oct 16
Zimbabwe has cleared its $108m arrears with the International Monetary Fund after 15 years.
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29 Sep 16
Most governments are falling short of good practice in public-private partnerships, the World Bank has found.
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29 Sep 16
MEPs have rejected all the cuts to the union’s draft 2017 budget proposed by the European Council earlier this month.
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29 Sep 16
Building staff capability and capacity globally will be key if countries are to adopt accruals-based accounts that comply with international standards
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27 Sep 16
The African Development Bank is preparing to throw the Nigerian government a $1bn lifeline to help plug the substantial government deficit amid the country’s first recession in 20 years.
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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
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27 Sep 16
Improving people’s lives in developing countries requires strong public financial management. Without this, money is wasted and fraud can thrive
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27 Sep 16
Any organisation can find opportunities for improvement if it looks for them. Redmond adopted CIPFA’s Financial Management Model to test how well it was doing in various areas and plan improvements...
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26 Sep 16
Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
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23 Sep 16
The arm of the World Bank responsible for lending to the world’s poorest countries plans to tap into the capital markets to raise funds after securing a AAA credit rating.
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23 Sep 16
Anti-austerity policy reversals in Portugal are starting to rewind the country’s fragile economic recovery, according to the International Monetary Fund.
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23 Sep 16
Almost €400m of European Union investment into ports and maritime infrastructure within the bloc since 2000 has been wasted, according to the European Court of Auditors.
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23 Sep 16
Effective finance ministries around the world have four characteristics in common, while being well adapted to local institutional, political and cultural contexts. A global association could help...
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20 Sep 16
The cost of decommissioning Soviet-era nuclear power plants in Lithuania, Bulgaria and Slovakia could balloon to €11.4bn ($12.7bn), the European Court of Auditors has warned.
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19 Sep 16
The G20 did not make strong enough commitments towards rebuilding public trust and integrity in government and public sector institutions, IFAC chief executive Fayez Choudhury has told PF.
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16 Sep 16
The president of Mozambique will work with the International Monetary Fund to set the terms of an international audit on the country’s public debt, the fund announced today.
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16 Sep 16
The UK government must urgently cease the sale of all weapons to Saudi Arabia until an independent inquiry can be conducted into reports that British-made munitions are being used against civilians...
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15 Sep 16
Improved public management has helped keep Tanzania on track to hit 7.2% growth in 2016, according to the governor of the country’s central bank.
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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...
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9 Sep 16
The eurozone’s finance ministers have called on all euro area member states to actively use spending reviews to improve the quality of public finances.