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Public Finance International
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News and comment on global public financial management
News and comment on global public financial management

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PFM improvement in developing countries “must adjust to local circumstances”
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Governments “must hold themselves to high PFM standards” - Governments around the world need to hold themselves to the same high standards as they expect from the private sector, the president of the International Federation of Accountants has said.
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EU urged to streamline and simplify procurement red tape - Public procurement by the European Union is mired in red tape and efforts should be made to help businesses identify contracting opportunities and submit tenders, auditors have said.
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Financial crash ‘cost Italy 20 years of growth’ - Italy’s economy may not recover from the 2008 financial crash until the mid-2020s, suggesting two decades’ worth of growth will be lost, the International Monetary Fund has said.
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Israel approves controversial NGO ‘transparency bill’ - A controversial bill forcing NGOs in Israel to disclose details of their overseas funding was passed in to law yesterday despite international condemnation.
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Venezuela government to seize factory after US firm pulls out
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IMF approves $364m rapid finance to Ecuador - The IMF has fast-tracked a loan of $364m for Ecuador to help it rebound from the devastating earthquake that struck the country earlier this year.
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Sierra Leone creeps toward recovery from economic double-blow
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Violence erupts in South Sudanese capital - More than 300 people have reportedly been killed in the South Sudanese capital Juba after violence flared between government and rebel forces.
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Don’t delay on Sustainable Development Goals, say ODI - Delaying action on the Sustainable Development Goals will put achieving them ever further out of reach, the UK’s Overseas Development Institute has warned.
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