Finance & Economics | WPN World People News

ECA President Klaus-Heiner Lehne said: “The audit compendium is a new product of the Contact Committee and highlights the good cooperation between the European Court of Auditors and the supreme audit institutions of the EU Member States. It raises awareness of their audit work on such an important cross-cutting topic of integrating young people in the economy and makes the
results of their work more widely available to citizens.”

The Canadian Taxpayers Federation is calling on the federal government to back off on its threatened carbon tax in the wake of a new University of Regina study detailing the damage a carbon tax would inflict on the Saskatchewan economy while failing to help the environment.

The Canadian Taxpayers Federation (CTF) released a freedom of information response from the City of Calgary that illustrates another way the city could save money – phasing out unnecessary bonus cheques when employees retire on Jun 27, 2018.

Tax professionals interested in attending the IRS Nationwide Tax Forum in National Harbor, Md., can save $115 by registering soon, according to the Internal Revenue Service.

On 27 June 2018, EU ambassadors agreed the Council's negotiating stance on the Commission's proposal to make cross-border payments in euros cheaper across the EU. They asked the presidency to start negotiations with the European Parliament as soon as the Parliament is ready to negotiate.

On June 27, 2018, the Executive Board of the International Monetary Fund (IMF) approved the completion of the second review of the three-year Extended Fund Facility (EFF) arrangement for Georgia.

On June 27, 2018, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of Mongolia’s performance under the program supported by a three-year extended arrangement under the Extended Fund Facility (EFF).

● Young people to join solidarity activities across the EU

● €375,6 million budget for 2018-2020

● MEPs added activities such as environmental protection and reception of migrants

The setting-up of a European Solidarity Corps, offering volunteering opportunities around the EU, has been agreed by Parliament and Council negotiators.

The EU's committee of permanent representatives (Coreper) on June 27, endorsed an agreement between the Council, represented by the Bulgarian presidency, and the European Parliament on a draft regulation aimed at improving controls on cash entering or leaving the Union.

The International Monetary Fund (IMF) has today published a Fiscal Transparency Evaluation report for Austria, on June 27. The report assesses Austria’s fiscal transparency practices against the standards set out in the IMF’s Fiscal Transparency Code and was carried out in February 2017 by the IMF’s Fiscal Affairs Department. The Government of Austria requested the evaluation.