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27 Jul 22
The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
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26 Jul 22
The global construction industry is bowing under the weight of rising material costs and supply issues – the result of multiple factors all hitting at once – and public sector projects are...
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15 Jul 22
A US Federal Reserve governor has stated his support for raising interest rates by 0.75 percentage points later this month, but did not rule out pushing for an even larger increase.
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14 Jul 22
Developed governments have failed to use the energy crisis to fund incentives for the transition to renewable energy, delegates at Public Finance Live were told.
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12 Jul 22
Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
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1 Jul 22
Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
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28 Jun 22
The Voting power of an ageing population means governments are making bad long-term economic decisions for short-term electoral gain.
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27 Jun 22
The world’s richest governments have been told they failed poorer countries “on every level” on Covid-19 vaccines, with their hoarded stockpiles, unfulfilled promises of donations and efforts to stop...
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23 Jun 22
Comprehensive accrual accounting is required to meet a challenging economic reality, argue Ian Ball, John Crompton and Dag Detter.
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21 Jun 22
The skillsets of accountants make them ideally placed to ensure their organisations make decisions based on the most reliable information possible.
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17 Jun 22
The workplace might be evolving quickly, but our brains less so. New approaches are needed to get what you want from colleagues.
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14 Jun 22
Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
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13 Jun 22
Governments experiencing debt crises are set to spend less in 2023 than they did in 2019, despite the need to support their citizens in the face of surging food and fuel prices, figures have shown.
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10 Jun 22
Rising interest rates aimed at combating runaway global inflation are putting some governments, including in middle-income countries, at risk of debt distress, the World Bank has warned.
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10 Jun 22
Social housing providers face a major challenge: how to use private debt to fund new homes while investing in their existing stock.
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7 Jun 22
Digital technologies have opened a new front in the war against money laundering.
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31 May 22
Is a hardening of governments’ approaches to money laundering anything more than cosmetic?
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26 May 22
Global income from levies on carbon dioxide production hit record highs in 2021, but the international community has been urged to do more to meet net zero targets.
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26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
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19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
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13 May 22
The level of remittances to low-and-middle-income nations is expected to hit $630bn this year, fuelled by increased funding to Ukraine following February’s invasion, according to the World Bank Group...
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12 May 22
OECD countries are close to meeting just a quarter of measurable targets under the United Nations’ Sustainable Development Goals, with the 2030 deadline looming.
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11 May 22
Governments unable to maintain the economic support they put in place amid Covid-19 to help their citizens deal with rising fuel and food prices face “inevitable” civil unrest, a report has suggested.
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10 May 22
The International Public Sector Accounting Standards Board has launched a consultation aimed at producing a global set of standards for sustainability reporting by government bodies.
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3 May 22
The World Bank Group has announced an upward revision to the universal measure to indicate the level of extreme poverty.