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21 Dec 16
Plans for increased tax transparency across the European Union, which would have seen the details of the true owners of secretive companies made public have been watered down by national governments...
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21 Dec 16
Eurozone governments should start plugging a “wide and deep” gap in public investment gap by taking advantage of low interest rates, the European Commission has suggested.
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20 Dec 16
Australia has increased its fiscal deficit forecasts for the next four years compared to May’s predictions, the most recent mid-year economic forecast has shown.
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20 Dec 16
International Monetary Fund chief Christine Lagarde has been found guilty of negligence linked to the misuse of public funds during her time as French finance minister.
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19 Dec 16
Ukraine is to nationalise its largest lender, PrivatBank, in order to prevent a potential financial system meltdown triggered by the collapse of an institution deemed too big to fail.
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19 Dec 16
Venezuela’s president has pulled back on his sudden demonetisation of the country’s biggest bank note amid chaos and cash shortages.
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16 Dec 16
UK aid is falling short in its ambition to educate the poorest and most vulnerable girls, with programmes missing their original objectives and sometimes abandoning targets focused on girls...
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16 Dec 16
Cities in developing countries can access green finance regardless of their creditworthiness, legal ability to issue bonds or the size of the project they want to fund, according to Climate Policy...
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16 Dec 16
Construction cartels and firms with links to organised crime could benefit from billions in European public money after winning contracts to build a pipeline carrying gas from Azerbaijan to Europe,...
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16 Dec 16
A free global register detailing the fraud and corruption risks faced by public sector organisations around the world will be launched by CIPFA and accountancy and advisory firm Moore Stephens.
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15 Dec 16
Debt relief measures for Greece have been frozen just weeks after they were agreed because of a series of social welfare measures announced by the government, a move that has angered creditors.
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15 Dec 16
A constitutional amendment to freeze Brazil’s public spending for 20 years will take effect today, after being approved by parliament earlier this week.
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15 Dec 16
High public sector debt is a key risk to the performance of Malaysia’s economy, the International Monetary Fund warned as it welcomed plans to cut spending and hike certain taxes.
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15 Dec 16
Japanese lawmakers have lifted a longstanding ban on casinos, betting on the economic benefits of what is estimated to be a $40bn per year industry.
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15 Dec 16
An economic slowdown in India, partly triggered by the botched withdrawal of two high-denomination banknotes, is having wider regional effects and has prompted the Asian Development Bank to trim its...
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14 Dec 16
Greeks are unhappier with their lives than citizens in a host of post-communist and less developed nations across Europe and central Asia, according to a survey.
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14 Dec 16
The International Monetary Fund has congratulated Spain on an “impressive” economic recovery.
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14 Dec 16
One third of health facilities in Nigeria’s conflict-hit Borno State have been completely destroyed, while nearly another third are partially damaged, it has been announced.
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14 Dec 16
The world’s 48 poorest countries have fallen further behind the rest of the world due to the recent collapse in commodity prices, which has caused growth in this group to slump to its weakest level...
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13 Dec 16
Syria’s brutal five-year civil war could have cost the country as much as $38bn in lost growth, researchers from the UK have estimated.
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13 Dec 16
Claims the International Monetary Fund is demanding more austerity in Greece amount to ‘turning the truth upside down’, the fund has argued.
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13 Dec 16
‘Flat lining’ funding levels are threatening global progress in ending the malaria epidemic and preventing deaths from the disease, the World Health Organisation has warned.
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13 Dec 16
The World Health Organisation has launched a data portal to track progress towards universal health coverage around the world.
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12 Dec 16
The OECD has updated its anti-corruption standards for donor governments that are increasingly working with the private sector on aid and development.
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12 Dec 16
Governments should focus spending on mental health and wellbeing, researchers have argued, after a study found these are more closely linked to happiness than financial problems or poverty.