IMF Executive Board Completes the Fifth Review under the Extended Credit Facility Arrangement, Approves US$0.9 Million Disbursement, and Concludes the 2018 Article IV Consultation with the Democratic Republic of São Tomé and Príncipe
The Executive Board of the International Monetary Fund (IMF), on July 23, completed the fifth review of the arrangement under the Extended Credit Facility (ECF) for São Tomé and Príncipe. The Board’s decision enables the immediate disbursement of SDR...
OECD joins with Argentina to fight financial crime
OECD Secretary-General Angel Gurría and Argentina’s Minister of Treasury Nicolás Dujovne, on July 22, presided over the signing of a Memorandum of Understanding to establish a centre of the OECD Academy for Tax and Financial Crime Investigation in...
World Bank Group Announces Settlement with NEC Corporation
The World Bank on July 20, announced a settlement with Tokyo-based NEC Corporation (NEC), an information technology services company that engaged in collusive practices when bidding for a contract under the Hanoi Urban Transport Development Project in...
World Bank Supports Croatian Government in the Implementation of Project Slavonia, Baranja and Srijem
The Minister of Regional Development and European Union (EU) Funds, Gabrijela Žalac, and the World Bank Country Manager for Croatia and Slovenia, Elisabetta Capannelli, on July 20, signed a technical assistance agreement to support the Croatian...
The packaging recycling obligations
The UK’s approach to calculating packaging recycling rates is not sufficiently robust, and government appears not to have faced up to underlying recycling issues, says in the report by the National Audit Office (NAO) on Jul 23, 2018.
Tax tips if you are working this summer
The Low Incomes Tax Reform Group (LITRG) is giving some tax tips for young people who are looking for a summer holiday job, now that university lectures have finished and school’s (nearly) out.
Government’s response to Work and Pensions Committee’s recommendations ‘extremely disappointing’, say campaigners
The Low Incomes Tax Reform Group (LITRG) has expressed disappointment at the Government’s response to the recommendations made by the Work and Pensions Committee’s ‘Universal Credit: supporting self-employment’ report.
Making Tax Credits for Charitable Contributions Available to all Vermont Taxpayers
Changes to Vermont’s tax code will now benefit all Vermont taxpayers making charitable contributions in 2018.
Nearly 4.3 Million to Benefit from Indonesia’s Sustainable Land Management
As many as 4.3 million individual and communal, public and private, land users will benefit from a new US$200 million program to support the Government of Indonesia’s robust agrarian reform. The World Bank’s Board of Executive Directors, has approved...
IMF Executive Board Concludes 2018 Article IV Consultation on Euro Area Policies
On July 16, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation on euro area policies with member countries. This year, the consultation also included a discussion of the findings of the Financial...