IMF Executive Board Concludes the Article IV Consultation with the Union of the Comoros
On June 13th, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with The Union of the Comoros.
Action needed to tackle stalled social mobility
As income inequality has increased since the 1990s, social mobility has stalled, meaning that fewer people at the bottom have moved up while the richest have largely kept their fortunes. This has severe social, economic and political consequences,...
New US$130 Million Support for Ongoing Empowerment of Local Communities in Tunisia
The World Bank, on June 18, announced US$130 million in additional support for decentralization in Tunisia, which is putting local governments in charge of addressing the development needs of their communities. The ongoing Urban Development and Local...
Sweden well ahead in digital transformation yet has more to do
Sweden’s efforts to embrace the shift to digital have been a key driver of economic growth in recent years, yet more needs to be done to get remote areas of the country online, bring digital technology to small firms, upgrade skills and meet security...
Switzerland IMF Executive Board Concludes 2018 Article IV Consultation
On June 11, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Switzerland.
The economy has adjusted to the large cumulative exchange rate appreciation that took place since the global...
Doug Ford keeping carbon-tax promise to Canadian Taxpayers Federation
Premier-designate Doug Ford announced he is keeping his promise to taxpayers by making the first act of his new cabinet to cancel cap-and-trade and challenging the federal carbon tax on Jun 15, 2018.
Tax reform allows people with disabilities to put more money into ABLE accounts, expands eligibility for Saver’s Credit
People with disabilities can now put more money into their tax-favored Achieving a Better Life Experience (ABLE) accounts and may, for the first time, qualify for the Saver’s Credit for low- and moderate-income workers, according to the Internal...
Much more than a ‘lifeline’ for millions of households, remittances can spur global growth, says UN agency
It is estimated that family remittances – the money sent back by migrant workers to their...
Vietnam’s economic prospects improve further, with GDP projected to expand by 6.8 percent in 2018
Vietnam's economic growth momentum remains robust and is accompanied by broad macroeconomic stability. According to Taking Stock, the World Bank’s latest economic update for Vietnam, recent growth was driven by a cyclical increase in global demand as...
IMF Executive Board Reviews the Fund's Income Position for Financial Years 2018 and 2019–20
