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25 Jun 20
Global growth is expected to be -4.9% in 2020, 1.9 percentage points lower than the previous projection in April, according to the International Monetary Fund.
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24 Jun 20
EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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23 Jun 20
Japan will not change its target to return to a budget surplus by 2025, despite its huge fiscal efforts to counter the impact of Covid-19, its finance minister has said.
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22 Jun 20
Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
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19 Jun 20
Egypt is pushing forward with plans to create a universal health insurance system to support its most vulnerable citizens, with the first phase financed by a loan from the World Bank.
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19 Jun 20
Global talks aimed at creating an international tax system able to deal with huge multinational digital companies such as Facebook and Amazon will continue without the US, after it pulled out of...
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19 Jun 20
In the first of a series exploring how public finance professionals are tackling ethical pressures around the world, Sri Lankan accountant Buddhika Senanayake explains how he stood firm against...
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16 Jun 20
Development organisations have criticised the UK government’s decision to merge its Department for International Development with its Foreign Office, especially amid the Covid-19 pandemic.
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16 Jun 20
No new taxes have been levied to deal with the public finance toll of Covid-19 in Pakistan’s new budget, in which the government outlined a huge stimulus package and a sizeable hike in defence...
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16 Jun 20
Tax income made from legalising recreational marijuana should only be used to pay for related spending, and should not be viewed as a quick way to raise general fund revenue, a US think-tank has said.
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12 Jun 20
A wave of fraudulent unemployment-benefit claims has led the state audit office in Washington to launch a review into the US state government’s Employment Security Department.
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12 Jun 20
People are more likely to pay tax if the social good of the public services they pay for is highlighted, which could give governments in developing countries a lifeline, a World Bank study has...
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11 Jun 20
A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
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9 Jun 20
EU members failed to meet their international aid targets in 2019, and the European Council has confirmed that greater efforts are now needed in light of the Covid-19 pandemic’s economic impact on...
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9 Jun 20
The Covid-19 pandemic is set to push the global economy into the worst recession since the end of the Second World War, according to a report from the World Bank.
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5 Jun 20
Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
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5 Jun 20
The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
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2 Jun 20
Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
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2 Jun 20
Budget transparency is more important than ever amid the Covid-19 pandemic, but most governments fail to reach a decent standard of openness, an expert and advocate for accountability has told PFF.
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2 Jun 20
The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
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29 May 20
The European Commission has proposed a €750bn recovery fund to help drag EU economies out of the slump caused by the Covid-19 pandemic.
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29 May 20
United Nations agencies working in Yemen have called for financial help, suggesting most of their programmes in the country face running out of money “within weeks”, following a slump in donations...
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29 May 20
Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
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26 May 20
Public procurement could provide Kazakhstan with the means to restart its economy following the coronavirus pandemic, the World Bank has claimed.
25 Jun 20Global growth is expected to be -4.9% in 2020, 1.9 percentage points lower than the previous projection in April, according to the International Monetary Fund.
24 Jun 20EU leaders have just three weeks to find common ground on a €750bn post-coronavirus recovery programme, with wrangling continuing over whether countries should be paid in grants or loans.
24 Jun 20Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
23 Jun 20Japan will not change its target to return to a budget surplus by 2025, despite its huge fiscal efforts to counter the impact of Covid-19, its finance minister has said.
22 Jun 20Many African countries struggling with the health and economic effects of Covid-19 are relying on rapid help from the IMF to get them through the crisis, but are being told to “keep the receipts” as...
19 Jun 20Egypt is pushing forward with plans to create a universal health insurance system to support its most vulnerable citizens, with the first phase financed by a loan from the World Bank.
19 Jun 20Global talks aimed at creating an international tax system able to deal with huge multinational digital companies such as Facebook and Amazon will continue without the US, after it pulled out of...
19 Jun 20In the first of a series exploring how public finance professionals are tackling ethical pressures around the world, Sri Lankan accountant Buddhika Senanayake explains how he stood firm against...
16 Jun 20Development organisations have criticised the UK government’s decision to merge its Department for International Development with its Foreign Office, especially amid the Covid-19 pandemic.
16 Jun 20No new taxes have been levied to deal with the public finance toll of Covid-19 in Pakistan’s new budget, in which the government outlined a huge stimulus package and a sizeable hike in defence...
16 Jun 20Tax income made from legalising recreational marijuana should only be used to pay for related spending, and should not be viewed as a quick way to raise general fund revenue, a US think-tank has said.
12 Jun 20A wave of fraudulent unemployment-benefit claims has led the state audit office in Washington to launch a review into the US state government’s Employment Security Department.
12 Jun 20People are more likely to pay tax if the social good of the public services they pay for is highlighted, which could give governments in developing countries a lifeline, a World Bank study has...
11 Jun 20A $5bn crisis deal with the IMF has been hailed as a “great victory” by the president of Ukraine, as his country’s economy struggles with the effects of the Covid-19 pandemic.
9 Jun 20EU members failed to meet their international aid targets in 2019, and the European Council has confirmed that greater efforts are now needed in light of the Covid-19 pandemic’s economic impact on...
9 Jun 20The Covid-19 pandemic is set to push the global economy into the worst recession since the end of the Second World War, according to a report from the World Bank.
5 Jun 20Local governments in Finland are set to be given a higher share of corporation tax receipts than usual, to help them to continue to provide services amid the Covid-19 crisis.
5 Jun 20The US government has taken a step towards introducing tariffs to retaliate against digital taxes on ‘internet giants’ that are being pursued by several other countries as well as the European Union.
2 Jun 20Investment in education and public health will be vital for post-coronavirus recovery, the World Bank has claimed.
2 Jun 20Budget transparency is more important than ever amid the Covid-19 pandemic, but most governments fail to reach a decent standard of openness, an expert and advocate for accountability has told PFF.
2 Jun 20The shock of Covid-19 combined with years of declining foreign aid has left the Palestinian Authority with a “monumental task” to save its economy and protect its public finances, a World Bank...
29 May 20The European Commission has proposed a €750bn recovery fund to help drag EU economies out of the slump caused by the Covid-19 pandemic.
29 May 20United Nations agencies working in Yemen have called for financial help, suggesting most of their programmes in the country face running out of money “within weeks”, following a slump in donations...
29 May 20Ireland is in a position to avoid implementing post-coronavirus austerity measures to the scale it imposed after the global financial crisis, the country’s fiscal watchdog has said.
26 May 20Public procurement could provide Kazakhstan with the means to restart its economy following the coronavirus pandemic, the World Bank has claimed.
