-
19 May 17
Greek lawmakers have backed further controversial austerity measures in a vote that could end a more than six-month delay to the country’s bailout programme.
-
19 May 17
More innovative approaches could be key to tackling the scourge of corruption in Nigeria, a report by Chatham House has concluded.
-
18 May 17
Saudi Arabia could slow down its efforts to balance the budget, but still needs a substantial programme of tax increases and spending cuts in the long run, the International Monetary Fund has said.
-
17 May 17
The US has significantly expanded its policy of refusing aid to organisations that provide abortion or offer advice and information on it. It will now affect $8.8bn worth of funding rather than $600m...
-
17 May 17
Jordan cut its combined public sector deficit by 3.3 percentage points between 2015 and 2016, the International Monetary Fund has found.
-
17 May 17
Greek civil servants are joining workers across the country in a general strike today to protest against the latest austerity measures agreed under Greece’s bailout deal.
-
16 May 17
Public services in some of the world’s poorest countries are being starved of resources as a result of their governments’ heavy debt loads, the Jubilee Debt Campaign has warned.
-
16 May 17
The International Monetary Fund has urged Zimbabwe to rein in its spending to bring its ballooning deficit back down to a sustainable level.
-
15 May 17
Germany should look to refine its revenue projection models, which are repeatedly off the mark and encourage overly tight purse strings, the International Monetary Fund has said.
-
15 May 17
The Greek economy has slipped back into recession, while the government has shaved almost one percentage point from its growth forecasts for 2017.
-
15 May 17
China has pledged to spend over $120bn in support of its ambitious development plan centred on building trade and connectivity infrastructure across Asia, Africa and Europe.
-
12 May 17
Nigerian lawmakers have passed a record budget for 2017, worth 7.44trn naira ($24.4bn), to hoist the country out of its first recession in a quarter of a century.
-
12 May 17
UK Aid’s chief civil servant and CIPFA member Sir Mark Lowcock has been appointed as the next head of the United Nation’s humanitarian operations.
-
12 May 17
German tax revenues are to overshoot estimates by €7.9bn according to finance minister Wolfgang Schäuble, who promised to cut tax in light of the better-than-expected figures.
-
11 May 17
New French president Emmanuel Macron should meet his pledge to bring the country’s deficit back in line with European Union spending rules this year, according to the European Commission.
-
11 May 17
A pledge to create 810,000 new public sector jobs in South Korea could be realised following the election of new president Moon Jae-in this week.
-
10 May 17
The US has suspended $21m in aid to Kenya’s Ministry of Health due to concerns over “weak accounting procedures”.
-
10 May 17
A growing trend towards earmarking public aid funds is burdening aid agencies with high administrative costs, the UK’s Overseas Development Institute has said.
-
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...
-
9 May 17
Malaysia is on track to become a high-income nation by the end of the decade, according to a senior government official.
-
9 May 17
The UK’s emphasis on serving its own interests through its aid spending takes away from its effectiveness in reducing global poverty, according to a British economics think-tank.
-
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...
-
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.
-
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.
-
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.