Public Finance

UK government could lose £20m due to ‘aggressive’ tax avoidance scheme

The UK tax authority could lose out on £20m contributions because of a “highly aggressive” and “abusive” tax avoidance scheme uncovered by the BBC news agency. Anderson Group, one of […]

EU pledges €27bn for rural development projects

The European Commission has agreed to spend €27bn on 24 further Rural Development Programmes (RDPs), which are aimed at improving the competitiveness of the EU farming sector and strengthening the […]

Brazil’s finance minister says budget’s spending freeze ‘not enough’

Brazil’s finance minister Joaquim Levy urged lawmakers to back tax increases and cuts to social benefits, saying last week’s spending freeze alone isn’t enough to shore up fiscal accounts, Bloomberg […]

Helping governments strengthen public financial management systems around the world

Government finance professionals have endured much in recent years. The global financial crisis sent shockwaves through their profession, forcing them center stage as governments sought to first stimulate their economies […]

UK government expects to pay £26.6bn for clinical negligence claims against NHS

A patient safety group has sounded a warning after it emerged that the UK government expects to pay out £26.6bn for clinical negligence claims against the National Health Service (NHS), which […]

Germany to boost spending, after balancing its budget

After balancing its budget for the first time in almost half a century, Germany’s government plans to increase spending on infrastructure and foreign aid over the next five years, senior […]

India budget gets mixed reviews

Indian has announced its first full budget since Narendra Modi’s Bharatiya Janata Party party swept to power in May 2014. Finance minister Arun Jaitley, revealed a range of measures in his address to […]

India to give sweet incentive

India will give its cash-strapped sugar mills an incentive to produce and export raw sugar, Reuters has reported. A senior government official said the measure will help cut stocks after […]

Wayne Wouters, Government of Canada: Exclusive Interview

In an exclusive interview with Global Government Forum, retired head of the Canadian civil service Wayne Wouters sets out his biggest achievements and some of the challenges he faced in office Professional ice […]

Germany collects more taxes than ever before

Taxes collected by the German state reached a record high in 2014, and the trend is set to continue, the finance ministry predicts. Last year’s total tax revenue was €593bn […]