EU and New Zealand launch trade negotiations
Today, in the capital of New Zealand, Wellington, Commissioner for Trade Cecilia Malmström and New Zealand's Minister for Trade David Parker officially launched talks for a comprehensive and ambitious trade agreement.
IMF Staff Concludes Visit to Haiti
A mission of the International Monetary Fund (IMF), led by Mr. Chris Walker, visited the northern region of Haiti (Cap Haitien, Milot, Caracol, Ouanaminthe) and Port-au-Prince from June 3 to 15, 2018 to conduct the 2018 Article IV consultation and to...
Trade in fake Italian goods costs economy billions of euros
Global trade in fake Italian goods such as luxury handbags, watches, foodstuffs and car parts is taking a bite out of Italy’s economy equivalent to around 1-2% of GDP in terms of lost sales, according to a new OECD report.
IMF Executive Board Concludes 2018 Article IV Consultation with St. Lucia
GDP growth reached 3 percent in 2017, sustained by robust activity in several sectors. Favorable external conditions, coupled with hotel expansions and the addition of new flights, generated a strong recovery in tourism, with stay-over arrivals rising...
Deeper reforms in Korea will ensure more inclusive and sustainable growth
Report: Persistent Conflict and Instability Hamper the Recovery of the Central African Republic
According to the first issue of the Central African Republic (CAR) on June 19 Economic Update published by the World Bank, the deterioration in security conditions and the humanitarian situation is dampening hopes for a robust economic recovery in...
Ugandan Agriculture Must Commercialize to Drive Economic Growth and Reduce Poverty
The Government of Uganda and the World Bank, on June 19, launched “Closing the potential performance divide in Ugandan agriculture” report that provides an unprecedented review of the structural context of Ugandan agriculture, its main actors, and the...
Accounts based capital allowances proposed
The Chartered Institute of Taxation has commented on the OTS’ publication of its Accounting depreciation or capital allowances? Simplifying tax relief for tangible fixed assets report.
IMF Executive Board Concludes 2018 Article IV Consultation, Completes Third Reviews under Extended Credit Facility and Extended Fund Facility Arrangements, and Approves US$136.6 Million Disbursement with Côte d'Ivoire
On June 18, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation and completed the third reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for the...
Further reforms needed for a stronger and more integrated Europe
The European economy is growing robustly, helped by accommodative monetary policy, mildly expansionary fiscal policy and the global acceleration. The current economic expansion should be used to speed up implementation of reforms to the euro area...