COVID-19 and Seizing the Opportunity for Reforming Tax Expenditures in Africa
Agustin Redonda and
Sanjeev Gupta | 27 July 2020
Fiscal,
Blog | Tags:
Covid-19,
Domestic Revenue Mobilization,
Tax Expenditures The resources needed for financing the Sustainable Development Goals (SDGs) are estimated at USD 2.5 – 3 trillion per year. According to the IMF, low-income countries (LIC) will need, on average, additional resources amounting to 15.4% of GDP to finance the SDGs in education, health,
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The Transition to a Sustainable Post-COVID Economy Requires an Urgent Shift in Central Bank Risk Management
Pierre Monnin | 10 July 2020
Monetary,
Blog | Tags:
Central Banks,
Climate Risk,
Covid-19,
Financial Regulation,
Monetary Policy Operations,
Precautionary principle The COVID-19 crisis is profoundly and durably transforming our economies. So will the transition to a low-carbon economy, which is necessary to contain the environmental crisis ahead of us. Shifting our economic system from its current state to a sustainable post-COVID version entails large and
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Supporting Households with Tax Expenditures in Times of COVID-19
Agustin Redonda | 3 July 2020
Blog,
Publications | Tags:
Covid-19,
Informality,
Sustainable Development,
Tax Expenditures The economic shock triggered by the current pandemic is unprecedented. The number of victims of COVID-19 has already hit half a million and continues to rise. At the same time, the impact on economic output is massive. According to recent OECD estimates, global economic activity
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