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11 Mar 16
The European Central Bank has cut interests rates across the eurozone as it tries to bolster growth amid fresh fears of a renewed economic crash.
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10 Mar 16
Stabilising public finances and tackling poverty and inequality in Greece are crucial for the debt-laden country’s emergence from crisis, the OECD has stressed.
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9 Mar 16
International Public Sector Accounting Standards are helping to build “a more accountable and efficient United Nations”, the organisation’s budget and administrative committee has said.
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8 Mar 16
Eurozone finance ministers have urged Greece to put in “extra effort” in implementing economic reforms, as it was announced that Cyprus would be dispensing with International Monetary Fund support...
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7 Mar 16
Risks to Belgium’s economy “loom large”, with high public debt, severe labour market fragmentation and “tenuous” fiscal sustainability threatening growth, the International Monetary Fund has warned.
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4 Mar 16
Tunisia looks set to receive four years of International Monetary Fund assistance, worth $2.8bn in total, to support its economic reform programme.
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3 Mar 16
Pragmatic, targeted and well-sequenced public finance management reforms are more likely to lead to success than ambitious, large-scale overhauls, the Asian Development Bank vice president has said.
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1 Mar 16
The Nigerian finance ministry has announced savings of 2.29bn naira ($11.5m) after an audit revealed almost 24,000 non-existent workers on the government’s payroll.
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29 Feb 16
The Indian government has unveiled its 2016/17 budget, prioritising more support for the rural poor, infrastructure and recapitalisation of the country’s banks.
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23 Feb 16
The EU’s Court of Auditors recognises change is in the air with crises over the euro, migration and Brexit. So it is considering a “wholly new approach” to financial management
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19 Feb 16
The World Bank is to work with Tajikistan towards improvements in its public financial management through a $20m project, part funded by the UK.
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18 Feb 16
Decisive action is needed to shift risks to Hungary’s economy away from the public sector and put public debt on a downward path, the International Monetary Fund has said.
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16 Feb 16
Sri Lanka’s “chronic” revenue shortfalls must be addressed and its economy must become more competitive and inclusive if poverty is to be reduced, the World Bank has said.
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16 Feb 16
Iranian hotels will benefit from tax breaks for up to 10 years as part of efforts to stimulate the country’s tourism industry following the lifting of sanctions.
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16 Feb 16
The state of Costa Rica’s public finances presents a serious challenge to the country’s “impressive economic, social and environmental progress”, the OECD has warned.
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16 Feb 16
More than €14m in European Union funds spent to help Greece bring in economic reforms demanded by the “troika” as part of its €80bn bailout had only a “mixed” impact, auditors said today.
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15 Feb 16
Increased donor aid “will be critical” for the West Bank and Gaza in the year ahead, the International Monetary Fund has said.
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11 Feb 16
Ukraine looks to have secured the continuation of its $17.5bn bailout from the International Monetary Fund after “constructive” discussions with managing director Christine Lagarde.
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10 Feb 16
The International Monetary Fund has said it could withdraw its budget support to Ukraine unless the country’s leadership accelerates governance reforms and the fight against corruption.
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9 Feb 16
The European Union is to support the delivery of public services and encourage better public financial management in Liberia with financing agreements totalling $64m.
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9 Feb 16
The International Monetary Fund has encouraged New Zealand to tackle its “chronically low” national saving levels and heavy reliance on offshore funding.
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8 Feb 16
Portugal’s draft budget for 2016 is “at risk” of failing to comply with eurzone budgetary obligations, the European Commission has warned.
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5 Feb 16
The International Monetary Fund has urged the government of Sri Lanka to fix its public finances after the country missed its budget target and public debt rose to over 74% of gross domestic product...
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5 Feb 16
Zimbabwe will need to make substantial improvements in the allocation and efficiency of public spending to shore up its economy against headwinds and ensure growth is inclusive, the World Bank has...
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3 Feb 16
India has gone ahead with structural reforms to its tax policy institutions with the formation of two new bodies it hopes will achieve a more coherent and independent approach to analysing new...