IMF Report Looks at Economic Developments in Germany
On 19 January 2021 the IMF issued a report following the conclusion of its consultations with Germany under Article IV of the IMF’s articles of agreement. As a result of the COVID-19 pandemic and the domestic containment measures Germany’s
See MorePlatform for Collaboration on Tax: Toolkit on Implementing Transfer Pricing Documentation Requirements
On 19 January 2021 the Platform for Collaboration on Tax (PCT) published the “Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Requirements”. The PCT was set up by
See MoreIMF: Report following 2020 Article IV Mission to Nigeria
On 11 December 2020 the IMF published a report following consultations with Nigeria in relation to Article IV of the IMF’s articles of association. The COVID-19 pandemic has hit Nigeria’s economy which was already experiencing problems with
See MoreOECD and IMF: Report on Analysis of Tax Expenditures in Chile
A report was issued on 23 November 2020 following a mission conducted by staff from the IMF and the OECD from April to October 2020. The main purpose was to provide technical support in relation to the methodology for reviewing Chile's tax
See MoreIMF: Report Analyses the Economic Situation in Georgia
On 10 November 2020 the IMF and Georgia completed a staff-level agreement for the completion of the Seventh Review under the Extended Fund Facility. The IMF team expects GDP growth to rebound to 4.3% in 2021 as the effects of the pandemic
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IMF: Report on the Economic Situation in Georgia
On 10 November 2020 the IMF and Georgia completed a staff-level agreement for the completion of the Seventh Review under the Extended Fund Facility. The economic shock from the pandemic is projected to cause a contraction of the economy of
See MoreIMF: Concluding Statement Following a Review of the UK Economy
On 29 October 2020 the IMF published a report on the UK economy following the conclusion of the 2020 Article IV consultations. In the UK the pandemic has been more severe than in most other European countries, impacting an economy already
See MoreIMF: Report on Economic Measures in France
On 2 November 2020 the IMF published a report following a virtual visit to France as part of the 2020 Article IV consultations. France has introduced flexible emergency support packages to provide additional stimulus from 2021 onward. An
See MoreIMF: Economic Policy Mix to Combat Climate Change
A blog post published by IMF Staff on 7 October 2020 noted that economic policy tools can facilitate the achievement of net zero carbon emissions by the year 2050 despite the effects of the COVID-19 crisis. The arguments put forward in the blog
See MoreIMF: Securing China’s Post-Pandemic Recovery
On 24 September 2020 a blog post by the IMF’s First Deputy Managing Director Forum on National Affairs looked at reforms needed to ensure China’s recovery from the economic problems caused by the pandemic. Global Economic Outlook The blog
See MoreIMF staff report on Angola
On 21 September 2020 the IMF published a staff report on Angola in connection with the third review under an extended arrangement under the IMF’s extended fund facility. Angola’s economy has been hit in 2020 by the economic and health crisis
See MoreIMF: Government Support for Migrant Workers and Remittances
An IMF blog post publicised on 11 September 2020 notes that the COVID-19 crisis has had a disproportionate impact on migrant workers. Although the flow of remittances by migrant workers back to their home countries has been resilient through the
See MoreIMF: Effect of the COVID-19 Crisis on Lower Income Developed Countries
An IMF blog post, dated 27 August 2020, notes that the low income developing countries (LIDCs) are in a difficult position to combat the COVID-19 crisis. They have already been hard hit by external shocks and the lockdown measures are causing their
See MoreIMF: Aging Economies May Benefit Less from Fiscal Stimulus
An IMF blog posted to its website on 7 August 2020 suggests that economies with a higher proportion of older people may gain less momentum from a fiscal stimulus compared to countries with a younger demographic. The blog is based on research from
See MoreIMF: Global Imbalances and the COVID-19 Crisis
On 4 August 2020 the IMF released the 2020 External Sector Report on global imbalances and the COVID-19 crisis. Trade Forecasts The COVID-19 crisis has led to a decline in global trade, a decrease in commodity prices and more challenging
See MorePlatform for Collaboration on Tax Publishes Progress Report for 2020
On 10 July 2020 the Platform for Collaboration on Tax (PCT) published on its website the Progress Report 2020 outlining the tax cooperation between leading international organisations on supporting domestic resource mobilisation and combating the
See MorePlatform for Collaboration on Tax: Draft Toolkit on Tax Treaty Negotiations
The Platform for Collaboration on Tax (PCT) has issued a draft toolkit on tax treaty negotiations. The period for feedback from interested parties is 29 June 2020 to 10 September 2020. The PCT was set up by the OECD, IMF, World Bank and UN to
See MorePlatform for Collaboration on Tax Launches Website
A new website has been launched by the Platform for Collaboration on Tax (PCT). The PCT is a joint initiative of the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations (UN), and
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