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10 May 17
Sub-Saharan African governments’ sluggishness in getting their public finances back on track has hit growth, the International Monetary Fund has said, trimming its 2017 forecast for the region to 2.6...
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9 May 17
The International Monetary Fund has upped its 2017 growth forecast for Asia and the Pacific to 5.5% – a 0.2 percentage point increase on October 2016’s forecast and the strongest outlook in the world...
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8 May 17
A universal basic income can increase efficiency and accountability in the public finances of developing countries, experts have argued at a debate held at a UK-based think-tank.
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8 May 17
Ten of Europe’s major economies hand out €6.3bn ($6.9bn) in coal subsidies every year, including €1bn ($1.1bn) in funds intended for low-carbon sources, according to a UK think-tank.
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8 May 17
More and better public finance is essential to finding the 10.5% of GDP Asia-Pacific’s poorest countries need to bridge debilitating infrastructure gaps, according to the United Nations.
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8 May 17
Pro-European Union centrist Emmanuel Macron has pledged to unite a divided France after sweeping to victory in the final round of a historic presidential election.
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5 May 17
National audit bodies’ role in scrutinising the European Union’s agricultural spending is flawed and falls short of international standards, the bloc’s auditors have concluded.
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5 May 17
The unstoppable march of digitalisation will touch every area of government and business, accountancy included. Will accountants be able to adapt?
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4 May 17
African governments must embrace the digital technologies that have the potential to transform the continent’s economies and public services, according to accountancy firm EY.
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4 May 17
Oxfam has challenged African governments to build a “more human” economy that does not lock the majority of the continent’s population out of economic gains.
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2 May 17
Greek bailout officials have reached a deal on future austerity measures in the country, including pension and tax cuts and ending six months of wrangling.
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2 May 17
Countries in the Middle East and North Africa region will need to push ahead with economic reforms to improve growth, according to the International Monetary Fund.
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2 May 17
Mozambique is to benefit from $1.7bn in World Bank funds until 2021 under a new programme that will initially concentrate on tackling the consequences of the country’s hidden borrowing.
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28 Apr 17
New Zealand plans to cut its net public debt to as low as 10% of GDP by 2025, finance minister Steven Joyce has announced.
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28 Apr 17
European Central Bank chief Mario Draghi has struck a more optimistic tone for the eurozone economy, but stressed governments need to do more to contribute to growth.
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28 Apr 17
OECD secretary-general Angel Gurría has warned that attempts to “fix” globalisation will fail if governments compete with one another in a “race to the bottom” in areas like standards and tax.
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27 Apr 17
The US government has unveiled sweeping tax cuts described as “reckless” by opponents, who estimate the plan could cost as much as $7tn over 10 years.
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26 Apr 17
The Mexican economy alone could lose almost $30bn as a result of the “double burden” of obesity and undernutrition, with billions more at risk in other nations across the region.
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26 Apr 17
Thousands of refugees and migrants, including unaccompanied children, are being left stranded on Greek islands as a result of European Union policy, the bloc’s auditors have said.
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25 Apr 17
The European Commission confirmed Greece’s target-busting primary surplus yesterday, putting it even higher than Greek official statistics.
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24 Apr 17
A group of International Monetary Fund member countries have dropped all references to resisting protectionism in an annual communiqué.
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24 Apr 17
The king of Saudi Arabia has reinstated generous benefits for civil servants by royal decree to allay potential discontent in the country.
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24 Apr 17
French stocks have surged today on the back of pro-EU centrist Emmanuel Macron’s victory in the first round of voting for the French presidential election.
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21 Apr 17
Greece has today reported a 2016 primary surplus almost eight times higher than its bailout target, but the International Monetary Fund remains sceptical of the country’s success.
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21 Apr 17
US president Donald Trump’s plans to cut taxes could drive the country’s debt up by more than 11% of GDP by 2022, according to the International Monetary Fund.