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3 May 16
Sri Lanka is set to benefit from $1.5bn from the International Monetary Fund to support the country’s economic reforms over the next three years.
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3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
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28 Apr 16
Local governments’ recourse to capital markets is on the rise, fuelled by growing issuances in China, Fitch Ratings has found.
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26 Apr 16
An unprecedented explosion in the working-age population in Asia Pacific risks dire consequences if not properly managed, the United Nations Development Programme has warned.
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26 Apr 16
PEFA has become the standard tool for measuring public financial management systems – but has it also become a misleading victim of its own success?
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26 Apr 16
Saudi Arabia has unveiled an ambitious plan to overhaul the country’s economy and end its “addiction to oil”.
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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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15 Apr 16
Tunisia has made further progress towards a $2.8bn support package from the International Monetary Fund, which now only needs approval from the fund’s executive board.
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13 Apr 16
Public sector and accountancy professionals have convened in the Caribbean in hopes of strengthening the region’s public financial management.
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7 Apr 16
The executive board of troubled Malaysian national development fund 1MDB have today offered their resignations following a damning report into the scandal from the country’s Public Accounts Committee...
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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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7 Apr 16
Somalia and Angola have both begun discussions with the International Monetary Fund for support as their economies struggle under the weight of tumbling oil prices and insecurity respectively.
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4 Apr 16
Portugal has missed its 2015 fiscal deficit target and looks set to remain under the European Union’s excessive deficit corrective measures as a result, the International Monetary Fund has said.
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31 Mar 16
The government of Sudan yesterday launched an online trading system for the country’s stock market, the Khartoum Stock Exchange, which it is hoped will strengthen the country’s financial governance...
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30 Mar 16
Growth across Asia and the Pacific is set to slow this year and next year as a result of a continued weak recovery globally and softer prospects for China, according to the Asian Development Bank.
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30 Mar 16
Iraq has moved closer to winning financial support from the International Monetary Fund as its government manages to progress towards economic and fiscal targets despite ongoing challenges.
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30 Mar 16
The United Nations and the Lincoln Institute of Land Policy have agreed to build a new, global municipal fiscal database that aims to improve sustainable urbanisation.
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29 Mar 16
Belarus has received a $10m World Bank loan to help it implement an ambitious public financial management modernisation programme.
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22 Mar 16
Local public services in Indonesia stand to be improved after a “bottom up” model to spot problems and enact solutions was successfully tested.
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18 Mar 16
Botswana’s public finances have slipped back into deficit for first time in three years according to the International Monetary Fund.
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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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15 Mar 16
Government spending in Indonesia is driving a modest pick-up in growth but a more solid recovery will depend on private sector investment, the World Bank has said.
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15 Mar 16
The International Monetary Fund has approved a new $1.5bn package for Kenya that can be drawn down by the country to support planned public financial management reforms.
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9 Mar 16
The Asian Development Bank has re-entered the US dollar bond market with the sale of a $3bn, five-year global benchmark bond.