Program: Fiscal

VAT and Social Equity: The Case of Period Products

| 18 May 2026
Fiscal, Blog | Tags: Gender, Inequality, Tax Expenditures, VAT
Value added tax (VAT) is one of the most important revenue sources for the 21st-century tax and welfare state. This holds true for OECD Member Countries as well as EU Member States, and more so for low-income countries. ... continue reading

Why Tax Expenditure Reporting Is a Missing Link in Financing for Development

, , , , and | 21 April 2026
Fiscal, Blog | Tags: Domestic Revenue Mobilization, GTED, Tax Expenditures
With aid budgets shrinking and debt vulnerabilities mounting, the $4 trillion governments forgo annually through exemptions, credits, and preferential rates demands greater transparency and accountability. ... continue reading

8th Virtual Meeting of the Community of Practice on Tax Expenditures: Assessments and Reform

16 April 2026 | 14.00-15.30 CEST | Online
Fiscal, Workshops | Tags: Brazil, Domestic Revenue Mobilization, Tax Expenditures, Uruguay, VAT
The 8th virtual CoP meeting put a spotlight on assessments and reform experiences related to tax expenditures, particularly in Brazil and Uruguay. ... continue reading

Japan Shifts to a New Fiscal Anchor

| 15 April 2026
Fiscal, Blog | Tags: Debt, Fiscal Rules, Japan
Japan is redefining the framework that anchors its public finances. Following the belated approval of the 2026 financial year budget, attention will turn to the Sanae Takaichi administration’s shift from a single-year primary balance target towards a medium-term approach centred on stabilising the debt-to-gross domestic product ratio. ... continue reading

How Can Ministries of Finance Support the Low-Carbon Transition Through Coherent ‘Policy Packages’?

| 13 April 2026
Fiscal, Monetary, Blog | Tags: Carbon Pricing, Energy, Industrial Policy, Policy Coherence, Tax Expenditures
The transition towards greener and more resilient economies is one of the defining economic opportunities of our time. From growth and innovation to enhanced competitiveness and long-term savings, the potential gains are substantial. ... continue reading

Insurance Protection for Climate-Resilient Progress

| 27 March 2026
Fiscal, Monetary, Commentary | Tags: Climate Risks, Insurance, Vietnam
This op-ed was first published in the Vietnam Investment Review. The World Bank has estimated that about $300 billion of the country’s commercial and industrial assets are vulnerable to climate-related disasters. Patrick Lenain, senior associate at the Council on Economic Policies, looks at the gaps ... continue reading

How Ministries of Finance can Support Coherent Climate Policy Packages | Panel Discussion & Launch

10 March 2026 | 15.00 CET | Online
Fiscal, Panel | Tags: Carbon Pricing, Decarbonization, Energy, Industrial Policy, Innovation, Policy Coherence, Tax Expenditures
This webinar, hosted by the Coalition of Finance Ministers for Climate Action, presented key findings from a new report on how finance ministries can design and support coherent climate policy packages. ... continue reading

Governing Tax Expenditures: Lessons from Four Advanced and Emerging Market Economies

, and | 2 March 2026
Fiscal, Blog | Tags: Brazil, Domestic Revenue Mobilization, France, India, Tax Expenditures, United Kingdom
This blog builds on four Tax Expenditures Country Reports published within the series hosted by CEP and IDOS, and shows how Brazil, France, India, and the United Kingdom govern tax expenditures across three critical dimensions: benchmark definition, reporting, and evaluation. ... continue reading

7th Virtual Meeting of the Community of Practice on Tax Expenditures: Tax Gap Analysis with TE Data

26 February 2026 | 15.00-16.30 CET | Online
Fiscal, Workshops | Tags: Domestic Revenue Mobilization, GTED, Tax Expenditures
The latest meeting of the Community of Practice on Tax Expenditures (CoP), organised in cooperation with the ATI Community of Interest on Tax Gap, focused on tax gap analysis with particular emphasis on the use of TE data. ... continue reading

How Ministries of Finance can Support Coherent Climate Policy Packages

| 26 February 2026
Fiscal, Discussion Notes | Tags: Carbon Pricing, Decarbonization, Energy, Industrial Policy, Innovation, Policy Coherence, Tax Expenditures
The success of the low-carbon transition will depend less on isolated climate measures than on the ability of governments to design and sustain coherent policy packages that align fiscal, energy, and industrial objectives. ... continue reading