Finance & Economics

High Growth in Cambodia Expected to Continue: World Bank

Economic growth in Cambodia remains robust and is projected to accelerate slightly to 6.9 percent in 2018, compared with 6.8 percent in 2017, buoyed by a rebound in textile and apparel exports as well as tourism and agriculture, says a new World Bank...

The World Bank to Support Implementation of a New National E-Tolling System in Bulgaria

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The World Bank Country Manager for Bulgaria, Czech Republic and Slovakia, Tony Thompson, and Dipl. Eng...

IMF Staff Concludes Visit to The Gambia

An International Monetary Fund (IMF) staff team, led by Jaroslaw Wieczorek, visited Banjul from May 3–9, 2018. The team assessed implementation of The Gambia’s Staff-Monitored Program (SMP) with the International Monetary Fund (IMF) from end-September...

Economic Mobility in Developing Countries Has Stalled for the Last 30 Years: WBG Report

Generations of poor people in developing countries are trapped in a cycle of poverty determined by their circumstance at birth and unable to ascend the economic ladder due to inequality of opportunity, says the World Bank Group’s ‘Fair Progress?...

IMF Reaches Staff Level Agreement on the Fourth Review under the Extended Credit Facility for the Central African Republic

An International Monetary Fund (IMF) team led by Mr. Samir Jahjah held program discussions with the Central African Republic authorities on the fourth review of the program supported by an Extended Credit Facility (ECF). Discussions took place during...

Early progress in transforming courts and tribunals

HM Courts & Tribunals Service (HMCTS) faces a daunting challenge in delivering the scale of technological and cultural change necessary to modernise the justice system and achieve required savings, and is behind where it expected to be at this...

Seasonal, Part-year Workers Urged to Check Tax Withholding Amount

The Internal Revenue Service encouraged taxpayers who work seasonal jobs or are employed part of the year to visit the Withholding Calculator and perform a “paycheck checkup” on May 09.

IMF Sets Out Policy Steps to Reduce Vulnerabilities and Raise Sub-Saharan Africa’s Medium-Term Growth

Growth in sub-Saharan Africa is projected to pick up modestly from 2⅔ percent in 2017 to 3½ percent in 2018, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa report. Behind these headline figures, there is wide diversity in...

New IRS online tool offers expanded access to information on tax-exempt organizations; newly-filed data available to public for first time

The Internal Revenue Service introduced a new online tool on IRS.gov designed to provide faster, easier access to publicly available information about exempt organizations on May 07, 2018.

Canadian Taxpayers Federation joining legal fights to stop the carbon tax and build the pipeline

The Canadian Taxpayers Federation (CTF) will seek standing as an intervener in the Saskatchewan government’s court fight against the carbon tax. The CTF will also seek intervener status to oppose the British Columbia government’s effort to block...