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21 Nov 17
El Salvador has been hailed as a “stand-out tax reformer” as it climbed up 22 places on an annual World Bank index ranking countries according to where it is ‘easiest to do business...
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20 Nov 17
Pakistan's anti-corruption court has issued an arrest warrant for the country’s finance minister after he failed to turn up to several court hearings.
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17 Nov 17
Russia has agreed to a $3.15bn restructuring deal of Venezuela’s debt over a 10-year period, Russia’s Finance Ministry said on Wednesday.
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17 Nov 17
The UK government’s aid department must justify its spending to the public in the same way charities do, the new international development secretary has said.
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16 Nov 17
Zimbabwe needs businesses to operate freely and fairly to help the “mismanaged” economy recover, a research fellow at an independent think-tank has told Public Finance International.
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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
A business school and philanthropic organisation are teaming up to find ways of identifying the risk of governments becoming unwilling or unable to meet loan obligations.
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10 Nov 17
Accountants who qualify at the University of Malaya will now be exempt from certain exams to complete the CIPFA International Public Financial Management qualification.
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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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9 Nov 17
Penny Mordaunt will join the UK cabinet as the new secretary of state for international development, following the resignation of Priti Patel.
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9 Nov 17
Accountants from across the globe consider grant misspending to be the top public sector fraud risk, according to research co-released by CIPFA today.
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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
Uganda’s overall fiscal deficit has widened and the government is increasingly in financial need because of difficulties in getting its budget passed, the International Monetary Fund has said....
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6 Nov 17
World leaders have come under pressure to address tax avoidance as leaked documents revealed global official figures and businesses have invested their wealth offshore.
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2 Nov 17
Bangladesh’s public finances were already suffering because of poor economic management, political crises and corruption, when it took on the cost of its huge support to Rohingya refugees....
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30 Oct 17
The Malaysian prime minister announced a $280bn ringgit ($66bn) spending plan for the final budget before elections take place within the next 10 months.
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25 Oct 17
The Ukraine government plans to increase health spending by 12% next year following attempts to crack down on corruption in hospitals and surgeries, Reuters has reported.
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24 Oct 17
Japan will make education and childcare a priority over fiscal reforms, the prime minister said after winning a new mandate this weekend.
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20 Oct 17
New Zealand’s new Labour-led government has pledged to reject proposed tax cuts and reinvest the money into “core” public services.
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19 Oct 17
Technology is the “way forward” in the fight against corruption in Africa, the president of Mauritius has said.
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19 Oct 17
South Africa’s currency weakened shortly after the president announced on Tuesday another surprise cabinet reshuffle.
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13 Oct 17
Rich countries could raise their top rate of tax without damaging growth, the head of the IMF has said.
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11 Oct 17
Public-private partnerships are too expensive, high risk and “encourage corruption and bad decision-making”, civil society organisations said as they launched a campaign to stop their...
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4 Oct 17
The European Commission has proposed new reforms to crack down on VAT fraud and ensure a more robust and simpler system for governments and companies.
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4 Oct 17
European Union plans to introduce a common railway signalling system across the bloc is running behind schedule and the implementation target could be missed, auditors have warned.