Archive: October 2024

The Role of Tax Expenditures in Fiscal Policy Making: Challenges and Opportunities for Brazil and Beyond

13 November 2024 | Hybrid | Rio de Janeiro | 10-12h BRT (GMT-3))
Fiscal | Tags: Brazil, Tax Expenditures
The Fundação Getúlio Vargas (FGV) and the Council on Economic Policies (CEP), with support from Samambaia Filantropias, are co-hosting a hybrid event to present and discuss two new publications on tax expenditure policy and reform. ... continue reading

First Virtual Meeting of the Community of Practice on Tax Expenditures: Indonesia and Liberia

24 October 2024 | 13.00-14.30 CET | Online
Fiscal, Workshops | Tags: GTETI, Tax Expenditures, Transparency
The first virtual meeting of the Community of Practice on Tax Expenditures provided a high-level overview of tax expenditures governance, featuring two compelling presentations from Liberia and Indonesia.  ... continue reading

Financial Resilience in an Age of Environmental Change: Central Banks and Financial Regulators Feel the Heat

| 16 October 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Financial Governance, Financial Supervision, Green Finance, Systemic Risks
In an era of chronic and acute disruptions, durable price and financial stability will require not just accounting for financial hazards, but also engaging in promoting a structural transition. With time running out and the world approaching critical ecological thresholds, central banks and financial regulators ... continue reading

Principles for Addressing Climate Systemic Risks With Capital Buffers

and | 10 October 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Financial Stability, Financial Supervision, Macroprudential Policy, Systemic Risks
Some supervisors have started exploring and assessing the different macroprudential instruments available to address climate systemic risks. Systemic capital buffers emerge as one promising option among the different instruments in their toolkits. ... continue reading

Kenya’s Tax Expenditure Reports: A Comprehensive Review

| 9 October 2024
Fiscal, Blog | Tags: Kenya, Tax Expenditures
In Kenya, the main objectives of tax expenditures are to spur economic growth, increase investment, create employment and lower the cost of living. Other than these objectives being defined too broadly to support meaningful evaluation of tax expenditures, the government does not link the reported ... continue reading