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27 Sep 16
Saudi Arabia has announced sudden cuts to pay and perks for government employees as the oil-dependent kingdom struggles to balance the books and adjust to low commodity prices.
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26 Sep 16
Greece’s creditors need to offer more substantial relief options to tackle the country’s €248bn ($279bn) debt mountain, the International Monetary Fund has said.
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26 Sep 16
Nigeria has hunted down 700,000 tax-cheating firms and expects to identify 10 million non-tax paying individuals and make them pay up by December, the country’s tax chief has said.
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26 Sep 16
Sustainable cities are about more than cutting carbon emissions – they involve thinking about how people live, travel and interact with the natural world. Ahead of the UN’s Habitat III summit, PF...
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23 Sep 16
Anti-austerity policy reversals in Portugal are starting to rewind the country’s fragile economic recovery, according to the International Monetary Fund.
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23 Sep 16
The inclusion of the yuan in the International Monetary Fund’s special currency basket is an “important milestone” in China’s financial integration, fund officials said yesterday.
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23 Sep 16
The historic global climate deal brokered in Paris in 2015 is likely to come into force by the end of the year, United Nations secretary-general Ban Ki-Moon has said.
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23 Sep 16
The European Commission is to publish a draft law setting out EU-wide rules on how companies calculate their tax dues, according to the bloc’s most senior tax official.
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22 Sep 16
The United Nations has warned of growing fears of a fresh sovereign debt crisis as poorer states that borrowed heavily in good economic times struggle to weather lower levels of growth.
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22 Sep 16
Politicians, royalty and convicted criminals are among those named as directors of 175,000 secretive companies registered in the Bahamas, according to another cache of leaked documents published...
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22 Sep 16
Iraq’s parliament has voted to sack the country’s finance minister after he was questioned over corruption allegations last month.
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21 Sep 16
The world economy is set to remain in a “low growth trap”, the OECD has warned in its interim Economic Outlook.
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21 Sep 16
Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
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20 Sep 16
Indonesia is launching a criminal case against Google's parent company Alphabet with hopes of obtaining five years’ worth of back taxes, a senior government tax official has told Reuters.
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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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20 Sep 16
The OECD’s straight-talking chief economist tells PF why proactive policies matter more than ever in an uncertain, post-Brexit world
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20 Sep 16
The BRICS group is thriving despite some recent economic turbulence. It offers members a shared policy platform and cross-continental connections
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20 Sep 16
The European Commission has opened an in-depth investigation into Luxembourg’s tax treatment of the GDF Suez group, over concerns it may have given the company an unfair advantage and breached EU...
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19 Sep 16
Corruption must be tackled in order to bridge the “trust divide” between the public and the world’s institutions, International Monetary Fund managing director Christine Lagarde has said.
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19 Sep 16
China could be heading toward a banking crisis as a huge credit binge puts the world’s second largest economy under pressure, a global financial watchdog has warned.
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19 Sep 16
The G20 did not make strong enough commitments towards rebuilding public trust and integrity in government and public sector institutions, IFAC chief executive Fayez Choudhury has told PF.
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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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15 Sep 16
Improved public management has helped keep Tanzania on track to hit 7.2% growth in 2016, according to the governor of the country’s central bank.
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14 Sep 16
The UK and China are to work together to grow the global green bond market after a commitment to scaling up green finance was included in the G20 communiqué for the first time this year.
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13 Sep 16
International Monetary Fund managing director Christine Lagarde has called on governments to make globalisation more inclusive.