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14 Nov 17
European economies are recovering but governments should “prepare for a rainy day”, the International Monetary Fund has said.
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14 Nov 17
Venezuela has been declared in default after missing interest payments on its $60bn bond debt.
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10 Nov 17
The international standard for cash basis accounting has been revised to make the transition to accruals more “achievable”, the International Public Sector Accounting Standards Board has...
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8 Nov 17
The UK government should take action to increase transparency and tackle tax dodging, which is costing the world’s poorest regions $170bn every year, Oxfam has said.
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7 Nov 17
An international accounting standard has finally been released for consultation after 15 years but - in a first - an alternative view has been included.
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6 Nov 17
IMF is “too gloomy” in its economic outlook for sub-Saharan Africa, an economist at the Overseas Development Institute has said.
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6 Nov 17
Modernising the nuclear arsenal could cost the US more than $1.2trn over the next 30 years, an independent report by the Congressional Budget Office has said.
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1 Nov 17
The gender pay gap in Europe is the equivalent of women working for free for two months of the year, according to European Commission figures.
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1 Nov 17
The IMF has called on the Kyrgyz Republic to adapt “prudent macroeconomic policies” and structural reforms to make growth more sustainable and inclusive.
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31 Oct 17
Oil-dependent countries should diversify their economies and capitalise on global growth to ensure stronger public finances, the International Monetary Fund has said today.
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31 Oct 17
Croatian public sector reforms and improvements are “critical” to boost growth, the International Monetary Fund has said.
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24 Oct 17
The currency of New Zealand has hit a five-month low after the new Labour-led government set out new policies.
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29 Sep 17
Japan’s government needs to set a new timeframe to achieve its budget-balancing goal, currently set for the fiscal year 2020/21, finance minister Taro Aso has said.
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29 Sep 17
Progress in financial accountability in different countries can be seen at a glance and compared using a new international index, says CIPFA's Steven Cain.
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27 Sep 17
A CIPFA-developed online platform aimed at helping global not-for-profit organisations get to grips with varying financial reporting methods has been launched today.
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25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
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12 Sep 17
The Organisation for Economic Co-operation and Development unemployment rate remained unchanged for the second consecutive month at 5.8% in July.
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5 Sep 17
Work-related ill-health and injury is costing the EU 3.3 % of its GDP, equivalent to €476bn a year.
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31 Aug 17
The US’s real gross domestic product has increased at a higher rate than expected despite falls in state and local government expenditure, its Commerce Department has said.
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29 Aug 17
A debate has been sparked in Malaysia over how the country measures its gross domestic product (GDP).
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25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
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15 Aug 17
Malta’s ministry of finance is working towards introducing accrual accounting to all government departments over the next two and a half years.
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14 Aug 17
Japan's economy grew at its fastest pace in more than two years in the second quarter of this year as consumer and company spending picked up, official data has shown.
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2 Aug 17
Information technology systems of treasuries in seven states in India’s north east have been integrated with the India-wide Union Public Financial Management System, the nation’s finance...
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25 Jul 17
Thomas Müller-Marqués Berger has been elected chair of the International Public Sector Accounting Standards Board’s (IPSASB) Consultative Advisory Group (CAG).