Finance & Economics

IMF Staff Reaches Staff-level Agreement on an Extended Credit Facility Arrangement and Completes 2018 Article IV Discussions with Malawi

An International Monetary Fund (IMF) team led by Pritha Mitra, Mission Chief for Malawi, visited Lilongwe from January 31-February 14, 2018 to conduct the 2018 Article IV Consultation and hold discussions with the Malawian authorities on a program...

Uncertainty Remains Following White House Meeting with Congressional Lawmakers on Trade

The following is a statement from Bryan Riley, director of the National Taxpayers Union’s Free Trade Initiative:
"I am hopeful that today’s meeting with lawmakers regarding the national security implications of steel and aluminum imports will...

Study: Tens of Billions of Dollars at Stake with CBO’s Fuzzy Math on Healthcare Programs

A new study out from the National Taxpayers Union Foundation concludes that the Congressional Budget Office, Congress’ independent budget scorekeeper, has been mis-portraying the cost savings of projects launched by the Center for Medicare and...

Taxpayers Take Note: Another Loss for the Postal Service

Groundhog Day took place a week ago and portended six more weeks of winter, but for taxpayers, the U.S. Postal Service’s (USPS) balance sheets released on Feb 09 brought even chillier news. USPS announced another lackluster financial quarter, which...

Calgary’s council pension eclipses Edmonton’s

The Canadian Taxpayers Federation (CTF) released a freedom of information document on Feb 09, 2018 that shows the City of Calgary’s city council pension costs were approximately five times that of Edmonton’s council retirement benefits from 2007-2016...

Key IRS Identity Theft Indicators Continue Dramatic Decline in 2017; Security Summit Marks 2017 Progress Against Identity Theft

The Internal Revenue Service announced steep declines in tax-related identity theft in 2017, attributing the success to the Security Summit initiatives that help safeguard the nation’s taxpayers on Feb 08.

Manitoba government should not gamble taxpayers’ money on venture capital funds

The Canadian Taxpayers Federation (CTF) is calling on the Manitoba government to focus on broad-based tax relief rather than gambling taxpayers’ money on a venture capital fund. The province issued a release announcing its search for fund managers on...

Call for unifier to help Government departments meet Taylor goals

The LITRG has highlighted the huge amount of work to be done in order to implement the recommendations and deliver the plan set out by the Government in its response to the Matthew Taylor review ‘Good Work’. This will require Government departments to...

ADB, World Bank, Australia-Supported High-Speed Broadband Goes Live in Samoa

The Asian Development Bank (ADB), the World Bank Group, and the Government of Australia joined the Government of Samoa to celebrate the arrival of high-speed internet in the country at a ceremony at the TATTE Convention Centre today.

US Stocks Fall on Concern of Rising Rates, Inflation

U.S. stocks tumbled again Thursday as investors continued to fret about the possibility of rising inflation and higher interest rates.