Spain has strong measures to combat money laundering and terrorist financing but improvements needed, says FATF
Spain has created a strong system to combat money laundering and terrorist financing, but improvements are needed in certain key areas, according to a new report by the Financial Action Task Force.
Fiscal Decentralization and Local Governance in Burundi
A new World Bank report launched presents a comprehensive review of the efforts made for over a decade to reinforce social cohesion and give more power to local authorities, or “communes” in Burundi through an ambitious decentralization program...
Mozambique Gets US$110 Million from World Bank to Improve Business Environment, Public Financial Management, and Social Protection
The World Bank Board of Executive Directors approved US$110 million to support the Government of Mozambique’s State Budget and its poverty reduction plan (PARP). This International Development Association (IDA) funding is provided under the tenth...
Jobs and Migration Help Address South Asia Inequality
Jobs and migration are supporting substantial upward mobility across and within generations in a South Asia that is a land of extremes of side-by-side extravagant wealth and appalling poverty, a World Bank report said.
Fiscal Decentralization and Local Governance in Burundi
A new World Bank report launched presents a comprehensive review of the efforts made for over a decade to reinforce social cohesion and give more power to local authorities, or “communes” in Burundi through an ambitious decentralization program...
Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Visit to Peru
“I was very pleased to return to Peru as it prepares to host the IMF and World Bank Annual Meetings less than a year from now. I would like to express my great appreciation to President Ollanta Humala and the First Lady, Nadine Heredia, Finance...
Poll Shows Putin Remains Popular In Russia
A leading Russian pollster says President Vladimir Putin continues to have strong political support in the country despite a worsening economic situation.
Assessing tax levels and the tax mix in OECD countries: Revenue Statistics 2014 and Consumption Tax Trends 2014 .
Tax burdens and revenue collection across the OECD countries are reaching record levels not seen since before the global financial crisis. Nevertheless, the tax mix continues varying widely across the advanced economies.
Vietnam Sees Early Signs of Economic Recovery
Early signs show that Vietnam’s economic recovery is on track, says the World Bank’s Taking Stock report, released. Vietnam’s economic growth is expected to improve from 5.4 percent in 2013 to 5.6 percent in 2014.
IMF Management Concludes the Second Review under the Staff-Monitored Program for Sudan
On November 19, the Management of the International Monetary Fund completed the second review under the Staff-Monitored Program (SMP) with Sudan.
