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The postponement of 2012 VAT Law implementation means that the higher tax revenues expected from the measure will be delayed, and additional sources of revenue need to be considered. Model simulations suggest that implementation of the VAT Law starting July 1, 2017 at the originally proposed...
Persistent link: https://www.econbiz.de/10012645559
Postponement of 2012 VAT Law requires significant early adjustments in the FY18 Budget to tap additional sources of revenue and expenditure saving to increase fiscal space. Automation, process simplification, and dispute resolution may bring additional tax revenues in the immediate future. These...
Persistent link: https://www.econbiz.de/10012645560
Revenue mobilization is a key constraint to economic development in the Republic of Guinea. The government's five-year development plan (2016-2020) aims at fostering higher and more inclusive growth through public investments that require financing beyond current fiscal capacity. In this...
Persistent link: https://www.econbiz.de/10012646261
The district of Cox's Bazar, in southeastern Bangladesh, is an instructive context to understand how long-standing and newer growth opportunities and constraints manifest at the local level, remote from Bangladesh's major growth poles of Dhaka and Chittagong. Potentially exacerbating Cox's...
Persistent link: https://www.econbiz.de/10013181660
India has achieved much in the last 25 years. Since the early 1990s, when reforms began, growthrates have been higher … the last few quarters has generated worried commentaries about India's growth potential. The questions being raised are …" for India's growth potential? What sets of policies, structural or cyclical, might be needed to revive growth? In this …
Persistent link: https://www.econbiz.de/10012645093
The overall objective of the Maputo Urban Poverty and Inclusive Growth Study is to inform the municipal governments of Maputo and Matola in the Greater Maputo Area (GMA) on how to better target and finance urban poverty reduction programs by building critical knowledge on urban poverty and...
Persistent link: https://www.econbiz.de/10012645273
seeks to inform strategic dialogue between the government of India and the World Bank Group toward investments in …
Persistent link: https://www.econbiz.de/10012645720
The objective of this report is to present a snapshot of the welfare landscape in Djibouti that will help stakeholders understand poverty's determinants. Exploiting data from the 2017 household expenditure survey, as well as administrative and geospatial data, it provides a detailed analysis of...
Persistent link: https://www.econbiz.de/10012646727
The Republic of Congo is the third-largest crude oil producer in Sub-Saharan Africa after Nigeria and Angola and is heavily dependent on oil production and oil exports. With a population of 5.5 million, Congo is a lower middle-income economy, endowed with abundant natural resources. The economy...
Persistent link: https://www.econbiz.de/10014312689
The Gambia's economy continued to recover in 2022, albeit at a subdued pace in a sluggish global economic environment. Real GDP increased by 4.3 percent (1.8 percent in per capita terms) in 2022, unchanged from 2021, when economic growth was recovering from the COVID-19 pandemic following a...
Persistent link: https://www.econbiz.de/10014366501