Finance & Economics

Employment situation, OECD, third quarter 2020

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(1) The chart provides a more comparable view of movements in US employment statistics with movements in...

Better use of energy taxes could strengthen developing country finances while cutting pollution

Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies, according to a new OECD report.

German Economy Contracts by 5% in 2020

Germany’s Economy Minister Peter Altmaier said Thursday the nation’s economy shrank by 5% during 2020, less than predicted, and less than elsewhere in Europe, but still the worst contraction since the 2009 financial crisis.

IMF Executive Board Concludes 2020 Article IV Consultation with Morocco

On December 18, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Morocco.

The prompt response of the Moroccan authorities has helped contain the fallout from the pandemic. Nonetheless,...

IMF Executive Board Concludes 2020 Discussions on Common Euro Area Policies with Member Countries

On December 18, 2020, the Executive Board of the International Monetary Fund (IMF) concluded the 2020 discussions on common euro area policies with member countries.

World Bank Signs $500 Million Project to Develop Green, Resilient and Safe Highways in India

The Government of India and the World Bank signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh on December 22. The project will also enhance...

IMF Executive Board Concludes 2020 Article IV Consultation with Brazil

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Brazil.

COVID-19 has upended lives and livelihoods in Brazil, as it has in most countries around the world. Over 5.5 million Brazilians...

COVID-19 crisis accentuating the need to bridge digital divides

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COVID-19 crisis highlights widening regional disparities in healthcare and the economy

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Governments should strike a balance between encouraging philanthropy through tax support and ensuring effective public policy

Governments should continue providing support to the philanthropic sector while taking steps to safeguard tax systems and ensure that the activities of philanthropic organisations continue to align with the public interest, according to a new report...