Finance

GAO highlights 97 new recommendations to cut US federal government costs or boost revenues

The US Government Accountability Office (GAO) has highlighted 97 new recommendations to cut federal government costs – potentially delivering hundreds of billions of dollars in savings – or to boost […]

Future of the finance ministry: An evolving role in government

A global study of government finance leaders has revealed shared priorities and challenges in an era of unpredictable geopolitics and rapid digital transformation. The Future of the Finance Ministry study – […]

Trading outlook: an interview with Export Development Canada treasurer Chad Buffel

Export Development Canada recently broke new ground by issuing the country’s first tokenised bond. The government agency’s newly promoted treasurer, Chad Buffel, gives Ian Hall the inside track – and […]

‘This is how you do it!’: Bank of England modernisation project should inspire government, say MPs

A UK parliamentary committee has urged the government to “incorporate lessons” from the Bank of England’s (BoE) successful modernisation of a critical part of the UK’s payment infrastructure. The House […]

Government leaders define the future finance ministry in new global study

A global study of government finance leaders has revealed shared priorities and challenges in an era of unpredictable geopolitics and rapid digital transformation. The Future of the Finance Ministry study […]

NAO boss calls for ‘step change’ in financial management across UK public sector

The head of the UK’s National Audit Office (NAO) has called for a “step change” in the standing attached to the “often underplayed” role of financial management in enabling the […]

HM Treasury picks HSBC to provide platform for UK government’s first blockchain bond issuance

The UK government is to use HSBC as platform provider for its first digital bond issuance, it has announced. HM Treasury (HMT) has been gearing up for the issuance of […]

Trump signs stablecoin act into law in effort ‘to lead global digital currency revolution’

US president Donald Trump has signed a law to establish a federal regulatory regime for stablecoins in a move closely watched by public- and private-sector fintech and payments specialists worldwide. […]

Advancing homegrown AI: Five minutes with Mihai Cuza from Romania’s Ministry of Finance

In this interview, Mihai Cuza, public manager, ECOFIN and Financial Assistance General Directorate, Ministry of Finance, Romania, shares his ideas for civil service reform and outlines Romania’s pioneering AI research […]
A woman wearing summer dress stands in nature with arms spread out and mountains in distance

Australia’s ‘wellbeing budget’ inspired by New Zealand – with related targets to come

The Australian government unveiled what has been described as a ‘wellbeing budget’ on Tuesday, having taken inspiration from New Zealand’s approach to economic policy which aims to put the health […]