-
22 Mar 19
Former Brazilian president Michel Temer has been arrested as part of a major corruption investigation.
-
22 Mar 19
Portugal needs to reform its pensions system to address the challenges of an ageing population and shrinking workforce.
-
22 Mar 19
Zimbabwe’s public sector workers have accepted a 20% salary increase for the lowest paid employees, unions have said.
-
22 Mar 19
The US defence department has proposed to pay for the wall on the Mexican border by shifting billions of dollars away from projects such as facilities for military children.
-
21 Mar 19
The devastation caused by Cyclone Idai in southeast Africa is “getting bigger by the hour”, the United Nations has warned, as it calls for immediate funding and support.
-
21 Mar 19
More than half of people in developed countries believe their governments should tax the rich more to fund public services and benefits, an OECD survey has revealed.
-
21 Mar 19
The African Development Bank has promised to put at least $25bn towards climate financing between 2020 and 2025, doubling its commitments to ‘green’ projects.
-
19 Mar 19
Governments in low-income countries are spending nearly 10% less than they promised in their budgets, weakening public trust and transparency, public financial management experts have warned. ...
-
19 Mar 19
The IMF has reached agreement with Argentina over its economic progress, which could unlock almost $11bn of further funding for the country.
-
19 Mar 19
Germany’s budget for next year calls for a 1.7% hike in overall spending to €362.6bn – but its defence spending will be less than NATO’s target.
-
18 Mar 19
For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
-
18 Mar 19
Governments are becoming increasingly interested in giving the public more of a say over budgeting, the policy director of a not-for-profit corporation has told PF International.
-
18 Mar 19
The World Bank has approved $72m in financing for Laos to reduce malnutrition in children and improve public financial management.
-
15 Mar 19
The US political system is “too broken” to address the “demographic bomb” it faces - with older people expected to outnumber the number of children under the age of 18 in the country in 20 years.
-
15 Mar 19
The IMF has commended Greece’s economic growth as among the best in the eurozone – but urged it to press ahead with unfinished fiscal reforms to avoid any future risks.
-
15 Mar 19
Russia’s parliament has approved new fines for insulting public authorities online and spreading ‘fake news’.
-
15 Mar 19
MPs in Kenya have questioned how a 10km wire fence on the country’s border with Somalia cost $35m.
-
14 Mar 19
Europe could be “pushed down the road of accruals” next year as proposals for public sector accounting standards for the EU will be brought to the European Commission, the head of the initiative has...
-
13 Mar 19
US president Donald Trump has sent Congress a record $4.75 trillion budget plan, which calls for bigger military spending - but slashes funds for domestic programmes.
-
13 Mar 19
Politicians need to commit to publishing their liabilities – even if it might weaken net wealth on paper, public finance professionals have urged.
-
13 Mar 19
Governments around the world need to step up efforts to prepare people and policies for a digital world if they want their economies to benefit from advancements, the OECD has urged.
-
12 Mar 19
Countries must start using the information presented in accrual financial reports to make better policy decisions, a seminar in Washington has heard.
-
12 Mar 19
The Finnish government has resigned ahead of the general election because it said it could not deliver a healthcare reform package seen as crucial to sustainable public finances.
-
12 Mar 19
Governments around the world could boost their public coffers with as much as 3% of their GDP by better managing their assets and producing strong balance sheets.
-
11 Mar 19
The French government should link pension rises to inflation for the poorest citizens, the party led by president Emmanuel Macron has said.