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NEWS AND COMMENT

18 MARCH 2016
 
EU migration spending unfocused and spread too thin, ECA finds
EU migration spending unfocused and spread too thin, ECA finds
 

The European Union’s migration spending in “neighbourhood” countries has been uncoordinated, thinly spread and "struggling to demonstrate its effectiveness”, the European Court of Auditors has found.

 
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Strong PFM essential to anti-corruption efforts, says IFAC president
 

Strong PFM essential to anti-corruption efforts, says IFAC president

 
Effective public sector financial management is vital to the global fight against bribery and corruption, the president of the International Federation of Accountants Olivia Kirtley has stressed.
 
NEWS
 
Ukraine: European Commission backs visa-free travel after anti-corruption moves
Ukraine: European Commission backs visa-free travel after anti-corruption moves
 
The European Commission is to propose visa-free travel for Ukrainians to the EU in April after the country passed a public sector anti-corruption bill integral to negotiations to open up access.
 
NEWS
 
Chinese slowdown could set back other Asian economies, ADB warns
Chinese slowdown could set back other Asian economies, ADB warns
 
Bold action will be needed from policymakers across developing Asia to counteract China’s slowdown, which could knock a third of a percentage point off growth in the rest of the region for the next two years, the Asian Development Bank has warned.
 
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Latin American tax revenues “more than one-third below OECD average” 
Latin American tax revenues “more than one-third below OECD average”
 
Tax revenues in Latin American and Caribbean countries are still well below the OECD average, despite a slight rise in 2014, an analysis has found.
 
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Charities including Oxfam expose French banks’ profit shifting
 
Charities including Oxfam expose French banks’ profit shifting
 

The “shameless” practice of shifting profits to tax havens is rife among France’s ‘big five’ banks, a report published today by Oxfam and two French charities has found.

 
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World Bank urges Nigeria to focus on skills and productive jobs
 
World Bank urges Nigeria to focus on skills and productive jobs
 
Nigeria needs to create 40-50 million more productive and higher-income jobs by 2030 to support its booming population, poverty reduction and inclusive growth, the World Bank has found.
 
NEWS
 
UNICEF calls for $21m response for Zimbabwe’s hunger crisis
 
UNICEF calls for $21m response to Zimbabwe’s hunger crisis
 

Zimbabwe is facing its worst malnutrition rates in 15 years with the number of hungry families doubling in the last eight months, UNICEF has warned, calling for $21m of funds to respond.

 
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