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Ogun assembly charges mdas on compliance with global accounting standards

By Jamiu Lawal Accounting Officers and other officials in charge of financial records in the various Ministries, Departments and Agencies (MDAs) in Ogun State have been challenged to ensure total compliance with the principles of accountability and transparency, through proper recording of financial expenses and revenue accruable to their agencies for the holistic implementation and…

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Paris Club exempts $14.1 bn of Sudan’s debts – minister

Sudan’s Finance Minister, Jibril Ibrahim announced late on Friday that his country had received relief from its $14.1 billion debts to Paris Club. “Sudan’s remaining debts, which stand at $9.5 billion, have been rescheduled until reaching the completion point in the Heavily Indebted Poor Countries (HIPC) Initiative. “This is with the suspension of debt service…

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