IMF press briefing on US economy looks at tax and trade issues
On 25 February 2026 the IMF held a press briefing to discuss the issues raised by the article IV report on the US economy. The IMF emphasised that the US economy will continue to grow strongly in 2026 and 2027. US private sector entrepreneurs and
See MoreIMF Report on US Recommends Tax and Duty Changes
On 25 February 2026 the IMF issued a report following consultations with the US under Article IV of the IMF’s articles of agreement. The IMF notes that the US economy performed well in 2025 and economic growth reached 2.2% by the end of 2025.
See MoreIMF Country Focus Examines Canada’s Internal Barriers to Trade
On 27 January 2026 an IMF Country Focus looked at opportunities for Canada to increase growth by removing internal barriers to trade. The Country Focus with the title Canada Can Grow Faster by Unlocking Its Own Market, written by F Diez and Y. Yang,
See MoreIMF Report on Canada Recommends Tax Changes
On 21 January 2026 the IMF issued a report following consultations with Canada under Article IV of the IMF’s articles of agreement. The report notes that Canada is adjusting the significant trade shock caused by US tariff increases and the limited
See MoreIMF Working Paper: Benefits of Setting Up a Large Taxpayer Office
On 20 February 2026 an IMF working paper was published with the title Who Pays When Tax Administration Improves? Revenue, Compliance, and Behavioural Responses to Georgia’s Large Taxpayer Office. The authors, J. Atsebi, M. Chikviladze, M. Das, E.
See MoreIMF Recommends Tax and Spending Reforms for Germany
On 12 February 2026 the IMF issued a report following consultations with Germany under Article IV of the IMF’s articles of agreement. The economic shocks in recent years and weak underlying productivity growth contributed to two years of negative
See MoreIMF Report Recommends Tax and Spending Reforms for Australia
On 15 February 2026 the IMF issued a report following consultations with Australia under Article IV of the IMF’s articles of agreement. Economic growth increased to 2.1%, year on year, in the third quarter of 2025, as private demand recovered,
See MoreIMF Report Looks at the Fiscal Policy of Japan
On 17 February 2026 the IMF issued a report following consultations with Japan under Article IV of the IMF’s articles of agreement. The report notes that Japan’s economic growth has been resilient following the global economic shocks, but this
See MoreIMF Recommends Tax and Social Security Reforms in China
On 18 February 2026 an IMF Country Focus was published, generally based on the report issued by the IMF following consultations with China under Article IV of the IMF’s articles of agreement. China’s economy has remained resilient through
See MoreIMF: Boosting Trade and Economic Integration Across Europe and Africa
On 4 February 2026 the IMF published a departmental paper with the title North Africa: Connecting Continents, Creating Opportunities, prepared by the IMF’s Middle East and Central Asia department. The publication of the departmental paper was
See MoreIMF: How Partnership Underpins Revenue Mobilisation
The IMF/World Bank annual meetings were held from 13 to 18 October 2025. On 15 October 2025 a capacity development talk with the title How Partnership Underpins Revenue Mobilisation looked at how the IMF had supported capacity development in
See MoreIMF: Taxing for Take-Off
At the IMF annual meetings from 13 to 18 October 2025, an Analytical Corner introduced by Matthieu Bellon and Ross Warwick with the title State Capacity, Growth and Institutions: Taxing for Take-Off looked at the minimum level of revenue that is
See MoreIMF: Revolutionizing Public Finance Operations through Digitalization
During the IMF/World Bank annual meetings in October 2025, a panel discussion was held on 17 October 2025 on digitalisation. The panel included representatives of the administrations of Finland, Brazil and Madagascar who outlined their efforts to
See MoreIMF releases working paper on efficiency aspects of VAT
The working paper examines the efficiency of the Value Added Tax (VAT), focusing on its role as a revenue-raising tool and its use to achieve non-revenue objectives. The Fiscal Affairs Department of the International Monetary Fund (IMF)
See MoreCARICOM to update tax treaty to meet global standards
The Caribbean Community (CARICOM) announced on 31 March 2025 that it is updating its tax treaty to align it with international standards and rules. "The CARICOM Council for Finance and Planning (COFAP) recognises the importance of tax cooperation
See MoreIMF: Revenue and Spending Measures for Developing Countries to Reduce Debt Levels
An IMF Public Finance Management (PFM) Blog, written by Talal Rafi (a Director at EY Sri Lanka) and published on 27 January 2025, looked at the measures developing countries can take to reduce public debt levels. The author notes that more than 3
See MoreIMF Report Makes Tax Policy Recommendations for Japan
On 7 February 2025 the IMF published a report following discussions with Japan under Article IV of the IMF’s articles of agreement. The report notes that Japan’s economy contracted in the first half of 2024 as a result of temporary supply
See MoreIMF Working Paper: Is Tax Policy Supporting a Costly Industrial Policy in Mozambique
An IMF working paper written by Santos Bila, Utkarsh Kumar and Alexis Meyer-Cirkel with the title Is Tax Policy Costly Industrial Policy in Mozambique? Finds that tax advantages do not compensate for shortcomings in economic conditions. The
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