Finance & Economics

Developing countries to play greater role in OECD/G20 efforts to curb corporate tax avoidance

The OECD released its new Strategy for Deepening Developing Country Engagement in the Base Erosion and Profit Shifting (BEPS) Project, which will strengthen their involvement in the decision-making processes and bring them to the heart of the...

IMF Executive Board Concludes 2014 Article IV Consultation with Mexico

On November, 7, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mexico.

Composite leading indicators point to continued weak growth in Europe and to stable growth in most other major economies

Stable growth momentum in the OECD area
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IMF Executive Board Concludes 2014 Article IV Consultation with the Republic of Fiji

With elections in September 2014, Fiji took a decisive stride toward returning to democratic government for the first time since 2006. The elections are expected to solidify the recent improvements in relationships with traditional development...

MEPs call for tax harmonisation and transparency on national tax rulings in 'Lux leaks' debate

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Commission President Jean-Claude Juncker faced political group leaders in a debate on the "...

Statement at the Conclusion of an IMF Staff Visit to the Republic of Croatia

A staff team from the International Monetary Fund (IMF) visited Zagreb during November 4–10, 2014 to review economic developments, focusing primarily on fiscal policy. The mission met with Deputy Prime Minister Branko Grčić, Minister of Finance Boris...

Check EU spending results, not just payment errors, says Parliament

The EU should check what EU funds spent in member states achieve, and not just that they are spent according to the rules, said MEPs debating the European Court of Auditors (ECA) annual report on EU spending in 2013 in plenary session on Wednesday.

World Bank program to help increase investment in large-scale sustainable energy projects in Southern Africa

The World Bank’s Board of Executive Directors approved a US$20 million International Development Association (IDA) grant to help generate investment in large-scale sustainable energy projects in Southern Africa.

IMF Staff Concludes Review Mission to Malawi

A team from the International Monetary Fund (IMF), led by Mr. Oral Williams, visited Lilongwe from October 29−November 12, 2014 to conduct discussions for the fifth and sixth reviews under Malawi’s Extended Credit Facility (ECF) arrangement.

IMF Staff Concludes 2014 Article IV Mission to Madagascar

An International Monetary Fund (IMF) mission led by George Tsibouris, visited Madagascar during October 29−November 11, 2014 for the first Article IV consultation (since 2007), and to initiate discussions of a medium-term reform program that could be...