Public Finance

OECD unveils measures against corporate tax avoidance

G20 finance ministers will discuss a set of measures to crack down on corporate tax avoidance globally at their meeting on Thursday. Gaps in current international tax rules can make […]

Q&A: Dr. Ludger Schuknecht, Ministry of Finance, Germany

Dr. Ludger Schuknecht is chief economist and director-general for strategy, international financial monetary policy at Germany’s Ministry of Finance.   Please describe your role. What is the focus of your […]

Open Budget survey launches tomorrow

The new Open Budget Survey will be launched tomorrow, offering comparative data on budget transparency, accountability and oversight in 100 governments around the world. Published every two to three years, […]

Senior officials swap posts in Indian finance ministry ahead of budget prep

Senior civil servants in the Indian finance ministry have swapped portfolios ahead of work starting on the budget for 2016-17, it has been reported. Shaktikanta Das, who was in charge […]

UK Government To Present ‘United’ Spending Front, Says Treasury Perm Sec

The British government will be “more united than ever before” when setting out its broad fiscal plan for the next four years, the top civil servant at its Treasury has […]

Greek MPs Back Eurozone Deal Laws Amidst Protests

Greek MPs have approved tough economic measures required to enable an €86bn Eurozone bailout deal to go ahead. The legislation includes the abolition of the VAT discount of 30% for Greek islands, […]

Ian Watt to help Australian government on money matters

Australia’s former top civil servant has been asked to help the federal government improve some of its grant allocation. Ian Watt, former secretary to the prime minister’s office and Cabinet, will look at […]

Indonesia scraps luxury tax in bid to boost sluggish growth

The government of Indonesia has scrapped luxury taxes on most affected goods in an attempt to boost consumption and revive economic growth in the country. Finance minister Bambang Brodjonegoro announced […]

UK Treasury: Future governments must run budget surplus

The UK wants to pass a law forcing future governments to maintain a budget surplus as long as the economy is in “normal times”. Currently, the government is committed to […]

El Salvador signs multilateral convention to fight tax evasion

El Salvador has become the latest country joining international efforts to fight offshore tax evasion. The Central American nation yesterday signed the Multilateral Convention on Mutual Administrative Assistance in Tax […]