Finance & Economics

OECD sees global economy strengthening, but says further policy action needed to catalyse the private sector for stronger and more inclusive growth

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Indonesia Can Improve Opportunities for and Protection of Its Migrants Working Abroad

Reforming Indonesia’s labor migration system can help access better paid jobs and improve protections for Indonesians working abroad, says a new World Bank report released on November 28.

New Energy Efficiency Plans To Unlock Kazakhstan’s Energy Potential

Kazakhstan is set to develop urban Energy Efficiency Plans for its two largest cities – Astana and Almaty. A new study, conducted jointly by city municipalities and the World Bank, outlines key improvements to be made in the energy sector of the two...

Promoting Taxpayer’s Rights Worldwide

Benjamin Franklin said that there were only two things certain in life: death and taxes. Taxation is an important aspect of life for people, especially for me because I am a certified public accountant. For citizens in many parts of the world, the...

Philippines: Strengthen Behavioral Skills of Workforce to Compete in Global Economy

A person’s ability to read, learn, think, remember and pay attention – “cognitive skills” – are important for moving ahead in life. But good “socioemotional” or “behavioral skills” like grit, openness, extraversion, agreeableness, emotional stability...

Social security contributions and consumption taxes give way to personal income taxes, as corporate income taxes fail to recover

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IMF Staff Completes 2017 Article IV Mission to Barbados

An International Monetary Fund (IMF) team led by Judith Gold, visited Barbados during November 7-21 to conduct the 2017 Article IV Consultation discussions.

Kiribati Continues to Pave Way for Stronger Economy

The World Bank’s Board of Executive Directors approved US$5 million for Kiribati’s Fourth Economic Reform Development Policy Operation, which will build on progress made to strengthen public finances and boost inclusive economic growth, on November 22...

IMF Executive Board Discussed Use of Third-Party Indicators in Fund Reports

On November 10, 2017, the Executive Board of the International Monetary Fund (IMF) discussed a staff paper on “Use of Third-Party Indicators in Fund Reports.”

Malawi – Reinforcing Economic Growth through Inclusive Land Development

Malawi’s government has an opportunity to focus on key structural issues critical to sustained economic growth, by building on macroeconomic foundations laid down over the last year, according to the Malawi Economic Monitor (MEM) released on November...