IMF’s West AFRITAC Steering Committee recognizes the growing role of the Center in pushing for reforms in the region
The Steering Committee of the International Monetary Fund (IMF) Regional Technical Assistance Center for West Africa (West AFRITAC) highlighted the growing role of the Center in supporting members’ needs and reforms in the region. Members of the...
Overall Tax Cost and Compliance Burden Lower for Businesses around the World
Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by four hours last year...
Switzerland takes important step to boost international cooperation against tax evasion
Switzerland has become the 52nd jurisdiction to sign the Multilateral Competent Authority Agreement, which will allow it to go forward with plans to activate automatic exchange of financial account information in tax matters with other countries...
Solomon Islands’ Efforts to Combat Rural Poverty Get US$9 Million Boost from World Bank
The World Bank’s Board of Executive Directors approved US$9 million to support the second phase of the Solomon Islands Rural Development Program (RDP II), one of the Government’s main instruments to address rural poverty.
Plunging Crude Oil Prices Boon for Indian Economy
Plunging global crude oil prices are turning out to be a boon for India, a country which is heavily dependent on oil imports. Cheaper oil is boosting the government’s efforts to lift the economy from a deep slump.
EU job-search aid for former workers at Finnish shipyard and French abattoir
The EU should provide aid worth €2.35 million to help find or create new jobs for workers made redundant by shipbuilders STX Finland Oy and the GAD abattoir in France, the Budgets Committee recommended on Thursday. The European Globalisation...
World Bank Supports Mali Recovery and Governance Reform
The World Bank Group’s Board of Executive Directors approved a US$36 million development policy credit and a US$27 million development policy grant for the republic of Mali to help strengthen government accountability and transparency as well as...
IMF Launches the Special Data Dissemination Standard Plus
Ms. Christine Lagarde, Managing Director of the International Monetary Fund, welcomed the announcement by nine countries to formally commit to higher standards of economic and financial statistical data by adhering to the institution’s Special Data...
IMF Staff Concludes Visit to Haiti
A mission from the International Monetary Fund (IMF) led by Mr. Gabriel Di Bella visited Port-au-Prince, Haiti during November 3–7, 2014, to complete discussions for the eighth and final review under the 2010 Extended Credit Facility (ECF) arrangement...
Unpaid bills sink EU budget talks
Parliament wants to reduce the growing pile of unpaid bills, while Council’s proposal, revealed on the very last day of the budget talks, only aggravates the payment crisis, said Budgets Committee MEPs after conciliation talks between member states...
