Tax Expenditures Country Report: Colombia
Liliana Heredia-Rodríguez,
Mauricio Salazar-Sáenz and
Gabriel Millán-Arias | 25 September 2025
Fiscal,
Discussion Notes | Tags:
Colombia,
GTED,
GTETI,
Tax Expenditures The Colombian tax system is complex, due in part to the numerous special exemptions, exclusions and deductions inherent in the regulatory framework. This complicates matters in terms of tax compliance, oversight and auditing.
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Monetary Policy Reloaded. Towards a New Growth Path in China
Isabelle Jiani Zheng | 19 September 2025
Monetary,
Blog | Tags:
Central Banks,
China,
Economic Growth,
Financial Inclusion In recent months, the People’s Bank of China (PBOC) unveiled a comprehensive series of monetary policy measures and guidance that combines general easing and targeted support mechanisms.
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Tax Expenditures Country Report: United Kingdom
Adrian Sinfield | 17 September 2025
Fiscal,
Discussion Notes | Tags:
GTED,
GTETI,
Tax Expenditures,
United Kingdom Tax expenditures in the United Kingdom result in a considerable release of fiscal resources by central government, little known and off-budget. The official estimated cost comes to 7.6 per cent of GDP in 2023-24, equivalent to a quarter of total tax revenue collected
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From Risk to Resilience. Closing the Climate Insurance Protection Gap
Jérôme Crugnola-Humbert | 8 September 2025
Monetary,
Policy Briefs | Tags:
Climate Risks,
Financial Stability,
Inequality,
Insurance When insurers stop covering climate risks, these risks are transferred onto individuals, businesses, and taxpayers. Insufficient insurance coverage not only undermines the financial system’s ability to absorb shocks but also has wider economic, fiscal, and social repercussions.
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A Macroprudential Approach to Compound Climate Risks
Paul Hiebert and
Pierre Monnin | 5 September 2025
Monetary,
Policy Briefs | Tags:
Climate Risks,
Financial Stability,
Macroprudential Policy,
Systemic Risks Macroprudential authorities can make an integral contribution to a more resilient financial system capable of withstanding the evolving challenges posed by climate change, economic shocks and their complex interplay.
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Addressing Novel Risks, Strengthening Finance, and Building Resilience in ASEAN+3
Julia Anna Bingler and
Aziz Durrani | 1 September 2025
Monetary,
Policy Briefs | Tags:
ASEAN+3,
Central Banks,
Climate Risks,
Financial Regulation,
Financial Supervision Welfare and economic growth in ASEAN+3 depend on the region’s ability to align economic priorities and the effective management of novel risks with the need to address structural challenges, associated transformations and the ability to harness future opportunities.
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