Finance & Economics | WPN World People News

The Canadian Taxpayers Federation (CTF) is reminding Canadians that with only a few days left to the April 30 income tax filing deadline, it may already be too late to try and read the federal Income Tax Act. That’s because it’s 3,302 pages long – that’s 1,101,499 words – and would take the average reader more than 61 hours to read. (Image comparing the first version of Canada's Income Tax Act with its modern version)

The Chartered Institute of Taxation (CIOT) has made a number of proposals for improving parliamentary scrutiny of the Finance Bill and other tax legislation.

The World Bank’s Board of Executive Directors, on April 25, approved a US$50 million Regional and Local Roads Connectivity Project to the Republic of Albania. The project supports improved access to several agricultural and tourism centers in Albania, and strengthened capacities of municipalities to manage their road assets.

The World Bank, on April 25, announced new support for Djibouti’s ongoing efforts to leverage digital technology to bring government closer to citizens and improve the impact, transparency and efficiency of its public administration.

The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place in Marrakech, Morocco, in October 2021, following a vote by the Boards of Governors of the two institutions.

Spain should boost support for the unemployed and expand vocational education and training as part of a series of reforms to promote better skills utilisation and drive job creation and growth, according to a new OECD report.

Yara Al Adib serves a guest at the launch of her catering company’s first kitchen in Antwerp, Belgium.

Oil prices are forecast to average $65 a barrel over 2018, up from an average of $53 a barrel in 2017, on strong demand from consumers and restraint by oil producers, while metals prices are expected to rise 9 percent this year, also on a pickup in demand and supply constraints, the World Bank said on Tuesday.

An International Monetary Fund (IMF) team, led by Jongsoon Shin, visited Tuvalu from April 12–April 19, 2018 to conduct the 2018 Article IV Consultation. The team exchanged views with senior officials of the Tuvalu government, public enterprises and private sector representatives, and development partners.