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28 Jun 21
China’s zero tolerance approach to curbing Covid-19 outbreaks has benefitted the nation’s economy recovery from the pandemic, according to ratings agency Fitch.
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17 Jun 21
Public bodies in more than half the world will undertake financial reporting on an accrual basis, according to new research.
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16 Jun 21
Austria's deficit is forecast to decrease to around 1% of GDP over the medium term, as its Covid-19 recovery takes shape, according to the IMF.
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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28 May 21
African countries have been urged to step up cooperation on tax to raise money needed to support their economies through the economic crisis caused by Covid-19.
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18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
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23 Apr 21
The European Commission has a poor understanding of the value for money provided by its expensive space programmes due to flawed methodology, according to the European Union’s spending watchdog.
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22 Apr 21
Taiwan’s credit rating has been upgraded to ‘AA’ from ‘AA-’, after the nation managed to come out of Covid-19 “largely unscathed”, according to ratings agency Standard and Poor’s.
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12 Apr 21
The International Monetary Fund has revised up the growth forecast for the Middle East and North Africa region in 2021 by 0.8 percentage points.
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9 Apr 21
A rise in inflation could be a desirable way to help pay off Covid-19 debt, as bond markets continue their popularity, according to a leading chief investment officer.
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7 Apr 21
The coronavirus pandemic saw Germany’s public sector deficit reach €189bn last year, the largest budgetary gap since its reunification in 1990.
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18 Mar 21
Global GDP forecasts for 2021 have been revised up due to the “larger than expected” $1.9trn US stimulus package, according to rating’s agency Fitch.
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15 Mar 21
The United Nations Statistical Commission has adopted a framework for accounting for the value of nature when measuring the economy.
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26 Feb 21
Mexico’s state auditor has backtracked on its findings about the president’s decision to halt building work on an airport, after previously saying it would cost three-times the government’s estimate.
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6 Jan 21
Ireland’s strong tax receipts led to the government running a lower than expected deficit in 2020, despite the huge spending to fight the effects of Covid-19.
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18 Dec 20
Regulatory reforms are needed in Brazil to help with its economic recovery from Covid-19, after the pandemic plunged the nation into a deep recession, the OECD has said.
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17 Dec 20
Eurozone government debt as a proportion of the economy has ballooned by nearly one-fifth amid the Covid-19 pandemic, according to a statement from the group’s finance ministers.
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24 Nov 20
The Asian Development Bank has approved a $600m loan to Indonesia for the expansion of electricity access in nine provinces.
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24 Nov 20
After Covid-19, a potential shortening of supply chains, shrinking contracts and more rigorous due diligence could spell a rise in purchasing costs.
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10 Nov 20
EU spending was impacted by too many errors, particularly in high-risk areas, the European Court of Auditors’ annual report for the 2019 financial year found.
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18 Sep 20
For a finance business partner, the ability to present information, data and insight with both precision and clarity is absolutely crucial in communicating your findings effectively.
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4 Sep 20
South Africa’s auditor-general found a “high risk” of fraud and abuse in the country’s multi-billion rand Covid-19 stimulus package, with money having been improperly paid out and serious fears of...
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2 Sep 20
The French Government has warned that Lebanon has eight weeks to outline its governmental reforms if it is to receive disaster relief following the explosion that rocked the nation’s capital Beirut...
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11 Aug 20
Accounting standards are changing all the time, and new ones are being released frequently. Here’s how to think through the impact on your organisation and prepare well using a three-stage approach.
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13 Jul 20
The head of Nigeria’s official anti-corruption agency has been suspended after the body was accused of diverting funds recovered as a result of its investigations.