Finance & Economics

Comoros: Inequalities Persist Despite Declining Poverty Levels

Living conditions in Comorian households have improved and poverty levels have fallen by over 10% since 2004 in rural and urban areas alike, shows the World Bank’s poverty assessment released on Jun 14.

IMF and Serbia Reach Staff-Level Agreement on a Policy Coordination Instrument

A staff team of the International Monetary Fund (IMF), led by James Roaf, visited Belgrade during June 11–13, 2018 to conclude discussions on the authorities’ economic reform program to be supported by the IMF with a 30-month Policy Coordination...

Stable growth momentum in the OECD area

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IMF Managing Director Christine Lagarde Welcomes Argentina Government’s Economic Policy Plans

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), on Jun 13, issued the following statement on the Argentina government’s Letter of Intent and Memorandum of Economic Policies requesting a US$50 billion

Parliament votes for €1 billion in aid to Ukraine

A €1 billion macro-financial loan to help Ukraine cover part of its external financing needs in 2018-2019 was approved by Parliament on Wednesday.

World Bank Group, OAS and Panama Promote Transparency to Mobilize Development Finance

The World Bank Group (WBG), the Organization of American States (OAS) and the Government of Panama unveiled an agreement to enhance transparency and accountability in Latin America and the Caribbean countries, aimed at fighting corruption and...

Support for businesses crucial to tackle VAT shortfall

Tax professionals have stressed the need for greater support from HMRC to help businesses get their VAT right and close the VAT gap.

Persistent tax evasion problem merits more HMRC focus not more legislation, says CIOT

The CIOT has argued in written evidence to the Treasury Sub-Committee’s Tax Avoidance and Tax Evasion Inquiry that HMRC should direct more resources to tackling illegal tax evasion activity given its persistence in Tax Gap figures, rather than simply...

IMF Executive Board Concludes 2017 Article IV Consultation with Tunisia

On March 23, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Tunisia.
Economic growth almost doubled to 1.9 percent in 2017, as confidence strengthened on the back of improved...

Better Cities in Latin America and the Caribbean are Essential for More Productivity and Growth

Cities can be enormous engines for growth and development in Latin America and the Caribbean (LAC), particularly when policies supporting higher productivity are in place, according to a new World Bank report.