Ian Ball, the former chief executive of the International Federation of Accountants, has been appointed chair of CIPFA International, working with the institute on its global growth and development.
Those who take the risks reap the rewards. Or do they? The truth is that from Silicon Valley to Singapore, innovation relies heavily on state funding. It’s time for the private sector to give...
The payment of direct aid to South Africa is set to end in 2015, International Development Secretary Justine Greening announced today. She said the two nations would embark on a new relationship...
The June Spending Review is going to slice Whitehall’s funding cake so thinly that departments will be left fighting over the crumbs. So how are public services meant to cope, asks Tony Travers
The UK government is to automatically share tax information with France, Germany, Italy and Spain in a multinational effort to identify and deter tax avoiders.
The new chief executive takes charge of the International Federation of Accountants at a critical time for public sector finance. He talks to Public Finance about the state of government accounting...
European governments are piling on the fiscal pain in unsuccessful attempts to claw their way out of financial crisis. Could they learn from the quick-fix austerity approaches of the Baltic states...
Why is the government copying public service models from far, far away — particularly in New Zealand? It’s a riddle wrapped in an enigma. Judy Hirst investigates
The Independent Commission for Aid Impact has been winning plaudits for its work scrutinising the UK’s spending on overseas development. It could lead to a more positive evaluation of the aid budget
Moody’s has downgraded Italy’s credit status and warned that that the rating could be cut again within months unless it continues to implement structural reforms and fiscal consolidation.
Turkey should maintain its overall public spending restraint and even consider tightening its fiscal policy more if necessary, the Organisation for Economic Co-operation and Development said today.
Spain’s latest €65bn package of spending cuts and tax increases is essential to address the growing cost of servicing the country’s debt, prime minister Mariano Rajoy said yesterday.
Italy’s recently announced spending cuts are a step in the right direction but the country must do more to reduce its high level of public debt, the International Monetary Fund said yesterday.
The unemployment rate in the world’s leading economies will continue to average over 7% until at least the end of 2013, the Organisation for Economic Co-operation and Development said today.
Eurozone finance ministers have approved a proposal to give Spain an extra year to reduce its budget deficit below 3%, as well as agreeing the terms of a bailout for the country’s ailing banks.
The fundamentals of the eurozone are sound and the commitment of its members to making economic reforms is increasing, according to the president of the European Central Bank, Mario Draghi.
Russia will balance its budget by 2015 but must do more to reduce its reliance on oil and gas revenues, the country’s prime minister, Dmitry Medvedev, said on Friday.
The global economic outlook has become ‘more worrisome’ over the past few months and growth prospects have worsened, Christine Lagarde, the chief executive of the International Monetary Fund, said...
Barclays is unlikely to have acted alone in its manipulation of the London Interbank Offered Rate and there is ‘a lot more to come’, according to the former deputy governor of the Bank of England,...
The World Bank is ‘well positioned’ to meet future demands although it lent 8% less in 2011/12 than the previous year, according to former president Robert Zoellick.
Eurozone leaders last night agreed to use the single currency bloc’s bailout funds to recapitalise struggling banks directly instead of channelling the money through governments.
Overall health spending in the world’s leading economies stagnated in 2010 and early indications suggest little or no growth in 2011, the Organisation for Economic Co-operation and Development said...
The International Monetary Fund, the World Bank International Development Association and other external creditors yesterday agreed a $4.4bn debt write-off for Ivory Coast after the West African...
