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23 Feb 22
The UK government could fund its ‘levelling up’ ambitions by raising taxes on high income earners without increasing the national deficit, according to the International Monetary Fund.
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22 Feb 22
The Sri Lankan government says it is open to discussions with the International Monetary Fund and other lenders for assistance, as it faces its worst economic crisis in years.
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16 Feb 22
Japan’s GDP increased by 1.7% in 2021, as the nation continued to recover from a recession exacerbated by the Covid-19 pandemic.
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15 Feb 22
While it might be tempting to think adopting international accounting standards might lead to growth, the experience of some African countries suggests that might be optimistic, argues senior...
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15 Feb 22
Former Canadian Conservative leader has tabled a bill enabling the auditor general to scrutinise the Bank of Canada’s Covid-19 quantitative easing programme.
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4 Feb 22
The Hungarian government must implement plans to balance its budget to help reduce the impacts of elevated inflation, according to the governor of its central bank.
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4 Feb 22
Nations and financial institutions need to reach a consensus on greater levels of transparency in lending, to give emerging economies greater access to debt, according to an influential think tank.
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3 Feb 22
The European Central Bank has voted to hold interest at historic lows this month, despite inflation reaching record highs.
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15 Dec 21
New Zealand's government is forecasting a budget surplus in 2024, three years earlier than previous projections, as the nation continues to recover from Covid-19.
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15 Dec 21
The auditor general of New South Wales in Australia has said she will not sign off on the state’s 2020-21 financial report while “significant accounting issues” relating to a state-owned company...
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13 Dec 21
The Greek government is set to appeal to the European Central Bank to continue buying its bonds after an emergency programme expires in March.
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9 Dec 21
Malawi’s former finance minister and ex-central bank governor have been arrested amid allegations of providing incorrect financial information to the International Monetary Fund.
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7 Dec 21
Managing debt levels and drawing in new finance will be key to funding Africa’s recovery from Covid-19, according to experts.
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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24 Nov 21
The European Commission’s estimates of irregularities in EU cohesion policy spending represent only “a minimum level” of error and cannot be considered final figures, the bloc’s fiscal watchdog has...
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23 Nov 21
Could natural capital accounting measures encourage more forest-friendly farming practices and help reduce global deforestation? Maurice Bryson, sustainable finance analyst at S&P Global Ratings...
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23 Nov 21
Gaps in the Irish government's healthcare budgets up to 2019 were caused by “unrealistically low” budget estimates, according to the national watchdog.
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22 Nov 21
The French government must adopt a framework which aims to reduce spending and improve governance, according to economists at the OECD.
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19 Nov 21
The Chinese government is set to allocate up to $31.3bn to support the clean use of coal, the nation’s largest energy source.
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17 Nov 21
The European Union has agreed in principle a €170bn budget for 2022, to help fund the region’s recovery from Covid-19.
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4 Nov 21
The European Central Bank is unlikely to hike interest rates next year, as inflation is forecast to reduce over the medium term, according to president Christine Lagarde.
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26 Oct 21
Cultural resistance and poor-quality financial data present hurdles to achieving real-time auditing of public spending.
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15 Oct 21
Building on existing accounting standards is the best way to spur public sector sustainability reporting.
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1 Oct 21
The Saudi Arabian government has forecast a budget surplus from 2023, as recovering oil prices has seen revenues rise.
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29 Sep 21
The Indonesia government is set to spend $190bn next year, as the nation aims to gradually reduce its deficit to 3% of GDP.