Finance & Economics | WPN World People News

Albania will improve gender equality in access to economic opportunities with support from a USD10 million loan approved by the World Bank’s Board of Executive Directors, on November 14. This financing will support the government’s efforts to improve gender equality through the recognition of ownership of immovable property, creating opportunities for women to access income-generating activities, and strengthening gender-informed policy making.

Trust in governments has recovered to pre-crisis levels and satisfaction with public services has improved, as public sector reforms aimed at making governments more open, accountable and engaged start to bear fruit, according to a new OECD report.

The Howard Jarvis Taxpayers Association, the most influential taxpayer advocacy group in California, on November 15 launched a statewide radio ad campaign reminding Californians of the importance of Proposition 13 and the urgent need to fight new efforts to dismantle it.

The World Bank Board of Executive Directors on November 13, approved a US$40 million loan for Jamaica to boost income opportunities and job creation in rural areas through the second phase of the Rural Economic Development Initiative (REDI II).

On November 13, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Greece.

To meet the needs of its growing economy and to boost export growth, Bangladesh needs to improve its transport and logistics systems, says a new World Bank report launched on November 13.

Tenants are being quizzed on the tax status of their landlords by HMRC.1 An HMRC fact finding letter goes on to suggest tenants may have to take tax off their own rental payments to ensure the correct tax is paid if their landlord is not resident in the UK and is not registered under the UK’s Non-resident Landlord Scheme (NRL) – or face a fine.2 The CIOT is urging any confused or concerned tenant not to ignore the letter and to seek advice if they need it.

With health care open season now under way at many workplaces, the US Internal Revenue Service on Nov. 15 reminded workers they may be eligible to use tax-free dollars to pay medical expenses not covered by other health plans.

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After making every effort to reach a compromise on an adequate EU budget for 2020 during long hours on Nov. 15, Parliament and Council have suspended the talks without agreement.

The OECD Working Group on Bribery urges Brazil, one of the founding Parties to the Anti-Bribery Convention since 1997, to preserve the full capacity and independence of law enforcement authorities to investigate and prosecute foreign bribery and corruption. Despite being recognised by the Working Group for its significant anti-corruption enforcement efforts following its previous evaluation in 2014, there are now concerns that Brazil, due to recent action taken by the legislative and judiciary branches, risks backsliding on progress achieved, that could seriously jeopardise Brazil’s ability to meet its obligations under the Anti-Bribery Convention.