Finance & Economics

International community has achieved unprecedented success fighting offshore tax evasion

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris will bring together more than 500 delegates from 131 member jurisdictions for renewed...

IRS updates per diem guidance for business travelers and their employers

The Internal Revenue Service on November 26 issued guidance for business travelers, updated to include changes resulting from the Tax Cuts and Jobs Act (TCJA).

GDP Growth - Third quarter of 2019, OECD

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Note: Growth rates presented in this chart are based on data with more than one decimal.

Children paying a high price for inequality

Rising income inequalities in OECD countries over the past two decades have hit vulnerable children hard, making it less likely they will fulfill their economic and social potential later in life, according to a new OECD report.

UN chief calls for ‘green and clean’ development in message for Africa Industrialization Day

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As part of a UNDP-led green renovation project, technicians install solar panels at a police...

World Bank Group Celebrates 20 Years of Partnership in Kosovo

The World Bank Group celebrated 20th anniversary of its engagement in Kosovo, which dates back to 1999, when the World Bank Group joined international efforts to support Kosovo’s reconstruction and recovery and opened a field office in the country....

Regional Conference on Air Quality Management in the Western Balkans – Issues, Solutions, and Financing

Government representatives from North Macedonia, Kosovo, Bosnia and Herzegovina (BiH) and Serbia met in Skopje for a regional conference on Air Quality Management - Issues, Solutions, and Financing Approaches, on November21. Jointly hosted by the...

Economic Outlook: Weak trade and investment threaten long-term growth

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World Bank and Credit Suisse Partner to Focus Attention on Sustainable Use of Oceans and Coastal Areas – the “Blue Economy”

The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) issued a USD 28.6 million 5-year Sustainable Development Bond as part of ongoing efforts to raise awareness for the vital role fresh and saltwater resources...

UN chief calls for ‘green and clean’ development in message for Africa Industrialization Day

image1170x530cropped_483_0_0.jpg
As part of a UNDP-led green renovation project, technicians install solar panels at a police...