b

Switzerland General Government Budget Value

Switzerland recorded a government budget surplus of 8097 CHF Million in 2019. Government Budget Value in Switzerland averaged -400.15 CHF Million from 1980 until 2019, reaching an all time high of 11811 CHF Million in 2000 and a record low of -18357 CHF Million in 1993. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Switzerland Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

Italy Government Budget Value

Italy recorded a government budget deficit of 4.51 EUR Billion in February of 2020. Government Budget Value in Italy averaged -4.39 EUR Billion from 1980 until 2020, reaching an all time high of 27.41 EUR Billion in December of 2018 and a record low of -43.39 EUR Billion in October of 2009. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Italy Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




b

Canada Government Budget Value

Canada recorded a government budget surplus of 3577 CAD Million in February of 2020. Government Budget Value in Canada averaged -991.48 CAD Million from 1985 until 2020, reaching an all time high of 5770 CAD Million in February of 2005 and a record low of -14900 CAD Million in March of 2019. The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Canada Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

United Kingdom Public Sector Net Cash Requirement

The United Kingdom recorded a government budget surplus of 240 GBP Million in March of 2020. Government Budget Value in the United Kingdom averaged -1683.51 GBP Million from 1984 until 2020, reaching an all time high of 19413 GBP Million in January of 2020 and a record low of -16111 GBP Million in April of 2013. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - United Kingdom Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

Burundi Government Budget Value

Burundi recorded a government budget surplus of 10087.77 BIF Million in December of 2019. Government Budget Value in Burundi averaged -12023.23 BIF Million from 2005 until 2019, reaching an all time high of 78737.21 BIF Million in December of 2010 and a record low of -72443.34 BIF Million in February of 2015. This page provides - Burundi Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

Turkey Government Budget Value

Turkey recorded a government budget deficit of 41951225 TRY Thousand in March of 2020. Government Budget Value in Turkey averaged -3939005.32 TRY Thousand from 1985 until 2020, reaching an all time high of 20773054 TRY Thousand in January of 2020 and a record low of -41951225 TRY Thousand in March of 2020. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. Until 2005, data are cumulative. This page provides - Turkey Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

Australia Government Budget Value

Australia recorded a government budget deficit of 9814 AUD Million in March of 2020. Government Budget Value in Australia averaged -604.10 AUD Million from 1973 until 2020, reaching an all time high of 14307 AUD Million in April of 2007 and a record low of -23705 AUD Million in June of 2012. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Australia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

China Government Budget Value

China recorded a government budget deficit of 417.70 CNY Billion in March of 2020. Government Budget Value in China averaged -192.52 CNY Billion from 1990 until 2020, reaching an all time high of 5885.80 CNY Billion in January of 2012 and a record low of -15554.19 CNY Billion in December of 2013. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - China Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

South Africa Government Budget Value

South Africa recorded a government budget deficit of 2581 ZAR Million in March of 2020. Government Budget Value in South Africa averaged -3119.13 ZAR Million from 1960 until 2020, reaching an all time high of 37586 ZAR Million in June of 2019 and a record low of -107881 ZAR Million in July of 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - South Africa Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.




b

France Government Budget Value

France recorded a government budget deficit of 52.50 EUR Billion in March of 2020. Government Budget Value in France averaged -49.87 EUR Billion from 1994 until 2020, reaching an all time high of -4.21 EUR Billion in January of 2000 and a record low of -148.80 EUR Billion in December of 2010. The government budget balance is the difference between government revenues and expenses, including the treasure special component. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - France Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




b

The OECD acknowledges progress made, and says Mexico should further prioritise fighting foreign bribery

Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.




b

Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




b

In support of its active enforcement efforts, Italy should urgently extend timeframe for prosecuting foreign bribery

The Phase 3 Report on Italy by the OECD Working Group on Bribery evaluates and makes recommendations on Italy's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




b

OECD recognises Switzerland’s commitment to the fight against foreign bribery and recommends further improvements

The Phase 3 Report on Switzerland by the OECD Working Group on Bribery evaluates and makes recommendations on Switzerland 's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.




b

Identification and Quantification of the Proceeds of Bribery: A joint OECD-StAR analysis

Bribery of public officials is harmful to good governance, economic development and competitive conditions. Confiscation and recovery of the proceeds derived from foreign bribery are key elements in the international framework to fight corruption of public officials.




b

Credit crunch squeezing entrepreneurs and small businesses more than big firms

Small and medium-sized businesses (SMEs) requesting loans between 2007 and 2010 faced higher interest rates than for large companies. Loan conditions for SMEs included shortened maturities and increased demands for collateral, suggesting that banks considered smaller firms to be a higher risk.




b

Boosting integrity, fighting corruption

This brochure describes the multiple domains where the OECD is engaged in fighting corruption and boosting integrity. It relates how the CleanGovBiz initiative is drawing together for the first time these anti-corruption tools under a single umbrella.




b

Colombia and Mexico sign international tax, human rights and clean business standards

Colombia and Mexico are a step closer to beneffiting from cross border tax co-operation and information sharing. Colombia has signed, and Mexico has deposited its instrument of ratification for the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.




b

G20 countries should rely on open markets to reboot global growth

G20 governments should prevent further deterioration in their collective trade and investment policy stance and focus on promoting open markets to re-boot growth in the world economy, according to the OECD, WTO and UNCTAD.




b

Middle East and North Africa : Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report.




b

High-level seminar on capital flow management and liberalisation: the role of international co-operation

This seminar aimed to advance shared understandings on policies to make the most of cross-border capital flows in support of growth and development and on the value of international co-operation, including the OECD Codes of Liberalisation, in the current context of serious global financial turbulence.




b

Consultation on collective action in the fight against foreign bribery

This Working Group on Bribery consultation with the private sector and civil society focused on collective action in the fight against foreign bribery.




b

Latin America and Caribbean: Conference on international value chains

This meeting aimed to identify practical policy options for Latin American governments in the formulation of their investment promotion strategies with a specific focus on international value chains.




b

OECD and National Human Rights Institutions join forces to promote respect of human rights by multinational companies

07/11/12 - the OECD and the International Coordinating Committee of National Human Rights Institutions concluded a Memorandum of Understanding to promote respect by multinational enterprises of the new human rights chapter of the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles for Business and Human Rights upon which the OECD Guidelines are based.




b

Urgent action needed on jobs and governance in the Middle East and North Africa (MENA)

In response to increasing pressure to deliver on growth, jobs and better governance, policy makers from MENA and OECD reiterated their support for measures to strengthen the business climate and governance in the region.




b

Typology on Mutual Legal Assistance in Foreign Bribery Cases

This study focuses on the challenges that arise in providing and obtaining mutual legal assistance (MLA) in foreign bribery cases. Because these cases take place across borders, effective MLA between countries is crucial for the successful investigation, prosecution and sanctioning of this crime.




b

Colombia joins OECD Anti-Bribery Convention

Colombia will become the 40th Party to the OECD Anti-Bribery Convention on 19 January 2013.




b

Making Sure That Bribes Don’t Pay

To mark the 15th anniversary of the signature of the OECD Anti-Bribery Convention, Mark Pieth and Huguette Labelle call on Parties to the OECD's Anti-Bribery Convention to step up enforcement of their anti-bribery laws.




b

Gesetze gegen Auslandsbestechung in Österreich unzureichend umgesetzt – OECD setzt auf baldige Verbesserung

Die OECD-Arbeitsgruppe gegen Bestechung bedauert, dass in Österreich bisher noch kein Urteil wegen der Bestechung von ausländischen Amtsträgern ergangen ist, obwohl seit der Ratifizierung des entsprechenden OECD-Übereinkommens vor 13 Jahren eine Reihe von Vorwürfen vorlag.




b

Austria’s enforcement of foreign bribery laws far too weak, but could pick up soon says OECD

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.




b

Netherlands must significantly step up its foreign bribery enforcement, says OECD

The Netherlands is failing to vigorously pursue foreign bribery allegations and must do more to enforce its foreign bribery laws. Fourteen out of 22 foreign bribery allegations have not triggered the opening of an investigation, calling into question the Netherlands’ ability and proactivity in investigating and prosecuting this crime.




b

OECD seriously concerned by absence of foreign bribery convictions in Spain

Spain’s enforcement of its foreign bribery laws has been extremely low, with not a single prosecution out of only seven investigations in 13 years since joining the OECD Anti-Bribery Convention. Spain must vigorously pursue foreign bribery allegations and strengthen its legal framework for fighting bribery by addressing gaps in its Penal Code, says a new OECD report.




b

Denmark must investigate foreign bribery more proactively

Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.




b

Regrettably low awareness in the private sector is an obstacle to the fight against foreign bribery in the Czech Republic

The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.




b

Panel at the 2013 World Bank/IMF Civil Society Policy Forum

Government, business, trade and civil society representatives came together at this panel session to discuss the first year of implementation following the 2011 Update of the Guidelines.




b

Third Annual High-Level Anti-Corruption Conference for G20 Governments and Business

Co-organised by the G20 Russian Presidency and the OECD, with UNODC support, this conference focused on promoting transparency and integrity in organising sport and other major events and cutting-edge measures for governments and business to combat corruption.




b

Investing in a sustainable future

Investment strategies almost never consider external costs to the environment when calculating potential returns. But incorporating environmental risk and sustainability into investor mindsets is possible– and urgent.




b

India-OECD seminar on fighting bribery in business transactions

Co-organised by the Confederation of Indian Industry (CII) and the OECD in New Delhi, discussions at this seminar focused on corruption challenges facing Indian companies today and what can be done to overcome these challenges.




b

Poland needs strategy to meet growing risk of foreign bribery

The current Polish framework for fighting foreign bribery is still inadequate to fully meet foreign bribery risks resulting from Poland’s growing economy, says a new OECD report.




b

Portugal needs proactive enforcement to tackle severe foreign bribery risks, says OECD

Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.




b

OECD Working Group on Bribery Elects New Chair

The OECD Working Group on Bribery has designated Slovenian national Drago Kos to serve as the Group’s new Chair.




b

Global Value Chains offer major opportunity for growth and progress in advanced and developing economies, according to OECD-WTO-UNCTAD report to G20

Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).




b

Costa Rica signs OECD agreement to boost investment

Costa Rica today became the 45th country to adhere to an OECD international investment instrument, designed to help the country attract more and better foreign investment and promote responsible business conduct.




b

Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD

Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded.




b

Despite certain progress, the OECD remains concerned with Russia’s compliance with key provisions of the OECD Anti-Bribery Convention

Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.




b

New Zealand not immune from foreign bribery, says OECD

New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.




b

Costa Rica adheres to OECD instruments during visit by OECD Secretary-General

Costa Rica adhered today to OECD legal instruments on Internet governance and international business conduct, demonstrating its willingness to align its policies to best practices in these areas and work together with the Organisation.




b

Myanmar pledges further investment climate reforms; welcomes OECD efforts to promote responsible investment

Deputy Minister of National Planning and Economic Development, Dr. Khin San Yee, presented her country’s ambitious efforts to improve the investment climate at meetings of the OECD Investment Committee and Advisory Group on Investment and Development from 15-17 October 2013 in Paris.




b

FDI in Figures, October 2013

Global investment activity fell by nearly a third in the second quarter of 2013, after two consecutive quarters of increases, according to preliminary estimates in the October 2013 issue of FDI in Figures.




b

Georgia should strengthen civil service and independent judiciary to build on anti-corruption progress

Georgia has achieved significant progress in reducing corruption over the past decade. To build on this progress, the Government should focus on strengthening its professional civil service and ensure independence of the judiciary, according to a new OECD report.