Finance & Economics | WPN World People News

HM Courts & Tribunals Service (HMCTS) faces a daunting challenge in delivering the scale of technological and cultural change necessary to modernise the justice system and achieve required savings, and is behind where it expected to be at this stage of its ambitious reform programme, says in the report by the National Audit Office (NAO) on May 09, 2018.

The Internal Revenue Service encouraged taxpayers who work seasonal jobs or are employed part of the year to visit the Withholding Calculator and perform a “paycheck checkup” on May 09.

Growth in sub-Saharan Africa is projected to pick up modestly from 2⅔ percent in 2017 to 3½ percent in 2018, the IMF said in its latest Regional Economic Outlook for sub-Saharan Africa report. Behind these headline figures, there is wide diversity in growth outcomes and prospects across countries in the region. Several economies (such as Côte d’Ivoire, Ethiopia, Ghana, Senegal) are expected to maintain robust growth at about 6 percent or faster.

The Internal Revenue Service introduced a new online tool on IRS.gov designed to provide faster, easier access to publicly available information about exempt organizations on May 07, 2018.

The Canadian Taxpayers Federation (CTF) will seek standing as an intervener in the Saskatchewan government’s court fight against the carbon tax. The CTF will also seek intervener status to oppose the British Columbia government’s effort to block pipelines in the courts.

With 5.0% growth in 2017, and a projection of 4.5% for 2018, Georgia should take full advantage of new digital technologies to innovate and improve its services, says a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update.

With economic growth in Europe and Central Asia having peaked, following 2.7% growth in 2017 and a projection of 2.3% for 2018, countries in the region should take advantage of new digital technologies to innovate and improve their services, says a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update.

An International Monetary Fund (IMF) staff team led by Ms. Dalia Hakura visited Burkina Faso during May 2-4, 2018, to discuss recent economic developments and begin monitoring implementation of the authorities’ program which is supported by the Extended Credit Facility (ECF) arrangement that was approved by the IMF Executive Board on March 14, 2018

The ‘Rethinking Lagging Regions’ report, which examines convergence and disparity within the EU, highlights the danger of “low-growth traps”. Persistent inequalities at the regional level undermines opportunities for residents, contributing to higher poverty and large-scale emigration, particularly of young people. For example, some regions in southern Europe experienced zero growth in GDP per capita compared to the EU average of 2.1 percent annually between 2005 and 2015.