Corporate tax revenues falling, putting higher burdens on individuals
Corporate tax revenues have been falling across OECD countries since the global economic crisis, putting greater pressure on individual taxpayers to ensure that governments meet financing requirements, according to new data from the OECD’s annual...
IMF Executive Board Concludes 2015 Article IV Consultation with Mali, Completes Fourth Review under the Extended Credit Facility Arrangement, and Approves US$5.5 Million Disbursement
On December 2, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation and completed the fourth review of Mali’s performance under an economic program supported by a three-year Extended Credit Facility...
Statement by OECD-IEA-ITF-NEA for COP21
The world looks to the Paris Conference of the Parties to deliver a new climate agreement that transforms our development pathway. Success at COP21 can drive and accelerate the transition to a cleaner, healthier and more secure future, locking-in...
IMF Executive Board Concludes 2015 Article IV Consultation with Kuwait
On November 25, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Kuwait.
The decline in oil prices has adversely affected Kuwait’s fiscal and current account balances and slowed...
World Bank Discusses the Impact of Economic Slowdown on Households in Tajikistan
The World Bank Wednesday presented the initial results of a high frequency survey, aimed at measuring the impact of the economic slowdown on households in Tajikistan. From May 2015, with the opening of the high season for many workers from Tajikistan...
IMF Executive Board Concludes 2015 Article IV Consultation with Sweden
On November 30, 2015 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Sweden.
Sweden’s economy is performing well, with real GDP growth of 3.4 percent per year in the first three quarters of...
Further reforms needed to tackle growing risk of pensioner poverty
Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than the and many may face a...
Growing African Cities Face Housing Challenge and Opportunity
Africa faces a major housing crisis due to rapid urbanization and a growing slum population. New, targeted approaches to affordable housing are necessary if countries want to take advantage of the demographic shift to make cities inclusive, spur...
World Bank Group Announces New Development Framework for Indonesia
The World Bank Group Board of Executive Directors endorsed a new five-year Country Partnership Framework for Indonesia, expected to deliver more than $10 billion in support for infrastructure development and social programs to reduce poverty.
Switzerland: Focus on lifting productivity to guarantee future prosperity
