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31 Oct 16
Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
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27 Oct 16
The European Commission cannot ensure the Common Agricultural Policy cross-compliance system is effective, the EU Court of Auditors has warned.
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13 Oct 16
Spending rules for European Union resources have become so complex that they encourage errors and lack transparency, the president of the European Court of Auditors has warned.
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4 Oct 16
European Union member states are breaking the state aid rules of the bloc’s major investment policy at a much higher rate than thought, according to the European Court of Auditors.
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4 Oct 16
The Asian Development Bank has become the first development bank to secure a risk transfer arrangement for its sovereign loan portfolio, increasing its lending capacity by half a billion dollars over...
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4 Oct 16
Auditors general from around the world will gather in Abu Dhabi for the congress of the International Organization of Supreme Audit Institutions in December. PF asked six of them to share their hopes...
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23 Sep 16
Almost €400m of European Union investment into ports and maritime infrastructure within the bloc since 2000 has been wasted, according to the European Court of Auditors.
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20 Sep 16
The cost of decommissioning Soviet-era nuclear power plants in Lithuania, Bulgaria and Slovakia could balloon to €11.4bn ($12.7bn), the European Court of Auditors has warned.
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16 Sep 16
The president of Mozambique will work with the International Monetary Fund to set the terms of an international audit on the country’s public debt, the fund announced today.
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13 Sep 16
Pre-accession assistance supplied by the European Union to the Western Balkans worth more than €1bn has been only “partly effective”, auditors have concluded, despite noteworthy efforts from the...
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2 Sep 16
The €782m of EU aid intended to strengthen public administration in Moldova has had minimal effects, the European Court of Auditors has concluded.
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12 Aug 16
Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.
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9 Aug 16
The UK’s aid watchdog has warned that some aid funds going to conflict-affected areas may be being diverted from their intended purpose and said “urgent attention” is needed to...
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7 Jul 16
European Union loans, guarantees and equity investments to member states are costly and often poorly implemented, the European Court of Auditors has concluded.
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24 May 16
The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
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16 May 16
Tanzania has slashed 10,000 “ghost workers” from its public sector payroll, saving government coffers more than $2m a month.
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22 Apr 16
A new local government institute is to help build the public financial management capacity of local authorities in Rwanda.
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19 Apr 16
The European Commission is not strict enough in enforcing rules intended to keep the bloc’s public finances in order, the European Court of Auditors has found.
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7 Apr 16
There is “no adequate data” to demonstrate that European Union support for farmers’ incomes makes an effective or efficient contribution, the European Court of Auditors has said.
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29 Mar 16
Auditors in the United States have raised concerns about the Internal Revenue Service’s handling of financial and taxpayer data, warning that both the confidentiality and integrity of sensitive...
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21 Mar 16
Mortimer Dittenhofer, a global authority on public sector audit standards and one of the co-founders of the International Consortium on Government Financial Management (ICGFM), died on 4 March at the...
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17 Mar 16
The European Union’s migration spending in “neighbourhood” countries has been uncoordinated, thinly spread and "struggling to demonstrate its effectiveness”, the European Court of Auditors has found...
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3 Mar 16
Australia could see its annual disaster bill almost quadruple by 2050, to an average of AU$33bn, as population density and the severity and frequency of disasters increases.
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3 Mar 16
Inconsistent and inadequate data and tools are hampering the European Union’s ability to counter intra-community VAT fraud, which costs the bloc at least €60bn every year, auditors have warned.
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1 Mar 16
The Nigerian finance ministry has announced savings of 2.29bn naira ($11.5m) after an audit revealed almost 24,000 non-existent workers on the government’s payroll.
31 Oct 16Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times.
27 Oct 16The European Commission cannot ensure the Common Agricultural Policy cross-compliance system is effective, the EU Court of Auditors has warned.
13 Oct 16Spending rules for European Union resources have become so complex that they encourage errors and lack transparency, the president of the European Court of Auditors has warned.
4 Oct 16European Union member states are breaking the state aid rules of the bloc’s major investment policy at a much higher rate than thought, according to the European Court of Auditors.
4 Oct 16The Asian Development Bank has become the first development bank to secure a risk transfer arrangement for its sovereign loan portfolio, increasing its lending capacity by half a billion dollars over...
4 Oct 16Auditors general from around the world will gather in Abu Dhabi for the congress of the International Organization of Supreme Audit Institutions in December. PF asked six of them to share their hopes...
23 Sep 16Almost €400m of European Union investment into ports and maritime infrastructure within the bloc since 2000 has been wasted, according to the European Court of Auditors.
20 Sep 16The cost of decommissioning Soviet-era nuclear power plants in Lithuania, Bulgaria and Slovakia could balloon to €11.4bn ($12.7bn), the European Court of Auditors has warned.
2 Sep 16The €782m of EU aid intended to strengthen public administration in Moldova has had minimal effects, the European Court of Auditors has concluded.
12 Aug 16Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.
9 Aug 16The UK’s aid watchdog has warned that some aid funds going to conflict-affected areas may be being diverted from their intended purpose and said “urgent attention” is needed to...
24 May 16The European Union’s €28bn effort to shift freight from road to rail has failed, with the amount of freight carried by train actually decreasing since 2011, according to the European Court of...
16 May 16Tanzania has slashed 10,000 “ghost workers” from its public sector payroll, saving government coffers more than $2m a month.
22 Apr 16A new local government institute is to help build the public financial management capacity of local authorities in Rwanda.
29 Mar 16Auditors in the United States have raised concerns about the Internal Revenue Service’s handling of financial and taxpayer data, warning that both the confidentiality and integrity of sensitive...
21 Mar 16Mortimer Dittenhofer, a global authority on public sector audit standards and one of the co-founders of the International Consortium on Government Financial Management (ICGFM), died on 4 March at the...
17 Mar 16The European Union’s migration spending in “neighbourhood” countries has been uncoordinated, thinly spread and "struggling to demonstrate its effectiveness”, the European Court of Auditors has found...
3 Mar 16Australia could see its annual disaster bill almost quadruple by 2050, to an average of AU$33bn, as population density and the severity and frequency of disasters increases.
3 Mar 16Inconsistent and inadequate data and tools are hampering the European Union’s ability to counter intra-community VAT fraud, which costs the bloc at least €60bn every year, auditors have warned.
1 Mar 16The Nigerian finance ministry has announced savings of 2.29bn naira ($11.5m) after an audit revealed almost 24,000 non-existent workers on the government’s payroll.
