Archive: April 2022

How Much Revenue Does Kosovo Forgo Through Tax Expenditures? We don’t know!

| 21 April 2022
Fiscal, Blog | Tags: Tax Expenditures, Transparency
The traditional way of thinking about how states finance projects is as follows: first, governments collect revenue (through taxes, borrowing, payments, and fines) and then this revenue is spent through the budget process. However, governments may choose to support various economic sectors, activities, or groups of ... continue reading

Is It Time to Rationalize Tax Expenditures?

, , and | 19 April 2022
Fiscal, Blog | Tags: Tax Expenditures, Tax Reform
As developing countries recover from the pandemic, they will need to bring their public finances to a more sustainable position, by streamlining public spending and strengthening the revenue base. The need to mobilize additional resources has been exacerbated by the recent economic turmoil triggered by ... continue reading

G7 Countries Must Urgently Phase Out Fossil Fuel Subsidies

, and | 8 April 2022
Fiscal, Policy Briefs | Tags: Climate Change, Fossil Fuel Subsidies
The world’s governments have pledged to fight climate change, yet many still subsidize fossil fuels, the combustion of which increases GHG emissions. Phasing out these subsidies is thus vital to combating climate change. What this Policy Brief proposes is that G7 Governments reaffirm their commitment ... continue reading