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28 Sep 17
The European Union's spending from future budgets has reached an “all-time high”, EU auditors have said.
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28 Sep 17
Thailand’s ousted prime minister Yingluck Shinawatra was yesterday sentenced to five years in jail over mishandling a rice subsidy scheme which reportedly cost the country at least $8bn.
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28 Sep 17
German finance minister Wolfgang Schäuble will be the new president of the Bundestag (Germany’s parliament), according to German media.
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28 Sep 17
Mongolia’s recovering economy grew by 5.3% in the first half of this year, compared to a 1.2% growth rate recorded in 2016, the Asian Development Bank said this week.
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28 Sep 17
US president Donald Trump has outlined major tax cuts, as part of his “pro-American” tax reforms, in a bid to make the country more competitive and boost economic growth.
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27 Sep 17
Australia’s final budget deficit of the last financial year dropped below 2% of GDP to A$33.2bn, down more than A$4bn from the forecast in the 2017-18 budget.
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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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26 Sep 17
Former Pakistani prime minister Nawaz Sharif appeared before an anti-corruption court today, as trial proceedings begin following a corruption probe.
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26 Sep 17
The European Union decided on Monday to close the ‘excessive deficit procedure’ against Greece after the country’s improvements in its fiscal position and overall economic recovery.
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25 Sep 17
The world is running out of antibiotics and research funding is needed to combat the threat of antibiotic resistant diseases, such as tuberculosis, a new report by the World Health Organisation has...
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25 Sep 17
The role of German finance minister could be key in coalition talks and the future of Europe, an investment institute has said.
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22 Sep 17
Conviction and perseverance are needed to move to an accruals-based accounting system, Malta’s finance minister and former accountant general have told PF.
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22 Sep 17
The Swiss National Bank and the National Bank of Belgium have both agreed to lend millions of dollars to support low-income countries, in partnership with the International Monetary Fund.
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22 Sep 17
Rating agency Standard & Poor’s has downgraded China’s credit rating due rising debt, which has exposed the country to increased economic and financial risk.
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22 Sep 17
The United Nations has called for further investments and economic policy changes to tackle global hunger affecting millions around the world.
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22 Sep 17
The Asian Development Bank has approved two loans, totalling $1.1bn, to strengthen Indonesia’s energy sector and promote growth and development.
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21 Sep 17
The UN is “not fit for purpose” when it comes to the challenges of today, UK international development secretary has said.
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20 Sep 17
More than two thirds of promises made by 43 countries to fight corruption last year have been completed or seen progress but more work needs to be done, a report said.
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20 Sep 17
Structural reforms as well as better use of tax and spending policies are needed to achieve more inclusive growth and boost productivity, wages and skills around the world, the OECD said in its...
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20 Sep 17
The Bangladesh government and the Asian Development Bank signed a $200m loan agreement yesterday, to strengthen urban infrastructure, service delivery, and management in Bangladesh’s...
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19 Sep 17
The US’s 22% contribution to the United Nations’ budget is “unfair”, president Donald Trump told the UN General Assembly today.
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19 Sep 17
Egypt will face a $10-12bn budget shortfall for the current 2017-18 fiscal year and plans to issue further foreign debt to overcome it, the country’s finance minister has said.
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19 Sep 17
The United Nations Population Fund is seeking $13m to provide reproductive health care and prevention against gender-based violence to Rohingya refugees in Bangladesh.
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19 Sep 17
A global initiative to achieve “equal pay for equal work” and increase women’s pay across the world was launched at the UN General Assembly yesterday.
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19 Sep 17
New methodologies are needed to quantify and analyse the problem of corruption across the world, IMF managing director Christine Lagarde has said.