Finance & Economics

New poll discovers more than four-fifths of Scots lack an understanding of devolved taxes

AA new report by Scotland’s leading tax and accountancy bodies is on Friday 12 October recommending that more is done to improve public understanding and awareness of Scotland’s devolved tax powers.

Shut down or sell the Yarmouth ferry

The Canadian Taxpayers Federation (CTF) is calling on the Nova Scotia government to shut down or sell off the Yarmouth ferry following a news report showing the ferry service is set to move the terminal to Bar Harbor, Maine, putting Nova Scotia...

Campaigners press government for action on pension tax relief

The Low Incomes Tax Reform Group (LITRG) is calling on the Government to use the forthcoming Budget and Finance Bill to act on an inconsistency in tax rules which means that more than a million people on low incomes could be losing out on tax relief...

Ukraine: Economic Growth Depends on Reforms and Financing

Ukraine’s economy grew by 3.5 percent in the first half of 2018, supported by an early agriculture harvest and strong consumption growth from higher wages, pensions, and remittances, according to the World Bank’s latest Ukraine Economic Update....

Public Investment Boosts Growth in Western Balkans, Says World Bank

Growth for the Western Balkan region is estimated to strengthen to 3.5 percent for 2018, according to the latest Western Balkans Regular Economic Report, Higher but Fragile Growth. Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro,...

Philippine Economy to Remain Strong Despite Rising Global Uncertainty

Amidst rising global uncertainty and inflationary pressures, the Philippine economy is poised to remain strong and is projected to grow at 6.5 percent in 2018, 6.7 percent in 2019, and 6.6 percent in 2020, according to the Philippines Economic Update...

IMF Staff Completes Review Mission to Serbia

An International Monetary Fund (IMF) mission, led by James Roaf, visited Belgrade during September 24 – October 4, 2018, to hold discussions on the first review under Serbia’s Policy Coordination Instrument (PCI).

IMF Staff Concludes Visit to Pakistan

A staff team from the International Monetary Fund (IMF), led by Harald Finger, visited Islamabad from September 27-October 4, 2018 to discuss Pakistan’s economic situation and exchange views on necessary policies for economic stabilization and...

International Trade Secretary in South Korea discussing how to boost our bilateral trade after Brexit

International Trade Secretary, Dr Liam Fox is in South Korea this week to turbo charge talks on our future trading relationship after the UK leaves the EU - with or without a deal. As the 5th and 11th biggest economies in the world, he will also...

Tax Inspectors Without Borders making significant progress towards strengthening developing countries' ability to effectively tax multinational enterprises

An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a...