The Role of Parliamentarians in the Management of Tax Expenditures in ECOWAS Member States
Jules Tapsoba | 22 November 2024
Fiscal,
Blog | Tags:
Africa,
ECOWAS,
Parliaments,
Tax Expenditures
Since 2018, the Economic Community of West African States (ECOWAS) has introduced reforms to harmonise and improve the management of taxes and duties for the benefit of the Commission and its Member States.
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Le Rôle des Parlementaires dans la Gestion des Dépenses Fiscales dans la Zone CEDEAO
Jules Tapsoba | 22 November 2024
Fiscal,
Blog | Tags:
Africa,
ECOWAS,
Parliaments,
Tax Expenditures
La Communauté Économique des États de l’Afrique de l’Ouest (CEDEAO) a engagé depuis 2018 des réformes pour l’harmonisation et l’amélioration de la gestion des impôts et taxes au profit de la Commission et de ses États Membres.
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Beyond the Budget: A Global Perspective on Social Spending Through Tax Expenditures
Flurim Aliu and
Agustin Redonda | 20 November 2024
Fiscal,
Research Papers | Tags:
Inequality,
Social Protection,
Tax Expenditures,
VAT
This study underlines the necessity for meticulous evaluation and efficient design of TEs to better align TE regimes with governments' social policy objectives as well as to minimise unintended social or economic consequences.
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It Takes Two to Tango: The Role of Ministries of Finance in Designing Pricing and Non-Pricing Climate Actions
Patrick Lenain | 4 November 2024
Fiscal,
Policy Briefs | Tags:
Carbon Pricing,
Energy,
Fossil Fuel Subsidies,
Renewables
This policy brief examines the recent emergence of climate policy packages and their impact on climate, social, financial, and fiscal outcomes. It also recommends steps that Ministries of Finance can take to better understand how to design coherent climate policy packages and facilitate the sharing
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Financial Resilience in an Age of Environmental Change: Central Banks and Financial Regulators Feel the Heat
Sunil Sharma | 16 October 2024
Monetary,
Policy Briefs | Tags:
Climate Risks,
Financial Governance,
Financial Supervision,
Macroprudential Policy,
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
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Principles for Addressing Climate Systemic Risks with Capital Buffers
Satoshi Ikeda and
Pierre Monnin | 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.
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Kenya’s Tax Expenditure Reports: A Comprehensive Review
Veronicah Ndegwa | 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
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Tax Expenditures Country Report: India
Priya Sahu | 7 October 2024
Fiscal,
Discussion Notes | Tags:
GTED,
GTETI,
India,
Tax Expenditures
India's tax landscape is intricate, with various direct and indirect taxes administered by different bodies, such as the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). The introduction of the Goods and Services Tax (GST) in 2017
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Economic Policies for Affordable, Secure and Clean Energy: Insights from the UK
Luke Hatton and
Patrick Lenain | 1 October 2024
Fiscal,
Policy Briefs | Tags:
Energy,
Fossil Fuel Subsidies,
Renewables,
United Kingdom
Transitioning to a more affordable, secure and clean energy system is a key priority for the UK government. Elected in July 2024, the new government led by Prime Minister Keir Starmer aims at making the country a “clean energy superpower”.
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Unlocking a Sustainable Energy Future: Key Insights from the UK
Luke Hatton and
Patrick Lenain | 1 October 2024
Fiscal,
Blog | Tags:
Decarbonization,
Energy,
Fossil Fuel Subsidies,
Industrial Policy,
Renewables,
United Kingdom
The United Kingdom has made considerable strides in transforming its energy system. Since the early 1970s, the nation has reduced its primary energy consumption by one-fifth, even as its real GDP has nearly tripled. While low-carbon energy sources were once almost non-existent, they now account
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