Finance & Economics

Statement by the International Monetary Fund, Arab Fund for Economic and Social Development, and Arab Monetary Fund at the Conclusion of the Conference on Promoting Growth, Jobs, and Inclusiveness in the Arab World

The International Monetary Fund (IMF), the Arab Fund for Economic and Social Development (AFESD), and the Arab Monetary Fund (AMF), on January 30, made the following statement in Marrakesh at the end of the conference on “Opportunity for All: Promoting Growth, Jobs, and Inclusiveness in the Arab World,” which was co-hosted by the Government of Morocco, IMF, AFESD, and AMF

Ministry of Finance and the World Bank Sign Project to Improve Management of Public Finances

HE Eklil Hakimi, Minister of Finance and Shubham Chaudhuri, World Bank Country Director for Afghanistan in presence of HE Mohammad Ashraf Ghani, President of Afghanistan and High Economic Council members signed an agreement under which a $100 million grant will be provided for the Fiscal Performance Improvement Support Project (FSP) in ARG, on January 28.

Rule of law in Poland: Civil Liberties MEPs urge EU member states to act swiftly

EU governments should swiftly determine whether Poland risks seriously breaching EU values and if so, propose remedies, urged Civil Liberties MEPs on Monday.

IMF Executive Board Concludes 2017 Article IV Consultation with Malta

On January 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Malta, and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.

IRS Announces 2018 Tax Filing Season Opens with April 17 Deadline; 155 Million Tax Returns Projected, 70 Percent Expect Refunds

Marking the beginning of the nation’s tax season, the Internal Revenue Service said on Jan 29 that it successfully started accepting and processing 2017 federal individual income tax returns. More than 155 million returns are expected to be filed this year.

Major step forward in international tax co-operation as additional countries sign landmark agreement to strengthen tax treaties

Ministers and high-level officials from Barbados, Côte d’Ivoire, Jamaica, Malaysia, Panama and Tunisia have signed the BEPS Multilateral Convention bringing the total number of signatories to 78, on January 24. This Convention updates the existing network of bilateral tax treaties and reduces opportunities for tax avoidance by multinational enterprises.

More growth and jobs: EU invests €873 million in clean energy infrastructure

On January 25, EU Member States agreed on the Commission's proposal to invest €873 million in key European energy infrastructure projects.

Supporting ageing workforce key to tackling future US economic challenges

Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report.

IMF Staff Conclude 2018 Discussions with the West African Economic and Monetary Union on Common Policies for Member Countries

A staff team from the International Monetary Fund (IMF), headed by Mr. Dhaneshwar Ghura visited Ouagadougou, Abidjan, Lomé, and Dakar from January 11 to 24, 2018 for discussions with the institutions of the West African Economic and Monetary Union (WAEMU) on Common Policies for Member Countries of the Union.

IMF Staff Conclude 2018 Discussions with the West African Economic and Monetary Union on Common Policies for Member Countries

A staff team from the International Monetary Fund (IMF), headed by Mr. Dhaneshwar Ghura visited Ouagadougou, Abidjan, Lomé, and Dakar from January 11 to 24, 2018 for discussions with the institutions of the West African Economic and Monetary Union (WAEMU) on Common Policies for Member Countries of the Union.