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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
This note summarizes the findings and conclusions of the review of the insurance sector in Mali. The review was … assess the structure, performance, and outlook of the insurance sector with respect to the potential for the sector to …'s population. The insurance market in Mali falls short of its potential today; however, its outlook is promising. This technical …
Persistent link: https://www.econbiz.de/10012644588
This assessment of insurance regulation in Indonesia was carried out as part of the 2016-17 Financial Sector Assessment … Program (FSAP). The Indonesian insurance sector is still vulnerable to a number of material risks. A number of insurers have … relaxed for nine months while introducing the temporary suspension of mark to market valuation rules. The Indonesian insurance …
Persistent link: https://www.econbiz.de/10012644921
One important barrier to insurance markets that are more inclusive is the necessity to better understand the needs of … gap of unmet but insurable risks. The results also show that experience with and knowledge of insurance is very low, but …
Persistent link: https://www.econbiz.de/10012645259
assistance from the World Bank Group (WBG) to conduct a technical and diagnostic review of the Uganda Agricultural Insurance … strengthening the scheme; it also includes a proposal for two additional insurance programs, one for crop and one for livestock … chapter four describes past and present agricultural insurance initiatives, including the UAIS. Section two includes the …
Persistent link: https://www.econbiz.de/10012646472
. To manage the financial impacts of production shocks, the GoU seeks to use agricultural insurance to derisk rural lending … and expand access to rural credit for smallholders. In partnership with private insurance companies, the GoU launched the … Uganda Agriculture Insurance Scheme (UAIS) as a five-year pilot in July 2016. The objectives of the scheme are to ensure that …
Persistent link: https://www.econbiz.de/10012646473
The Thai insurance sector is a relatively small but growing part of the country's financial services industry …. Insurance sector assets have grown from 10 percent of gross domestic product (GDP) in 2006 to over 22 percent of GDP in 2016 … same period. As a result, the insurance penetration ratio (the ratio of premiums written to GDP) has gradually increased …
Persistent link: https://www.econbiz.de/10012646635
. Insurance development is driven by a large range of factors, some of which can be better observed than others. Data is important … and potential demand for insurance are also considered considering the nature and level of risk being faced as the basis … for the examination of insurance markets effectively assuming individuals and entities should and will take out insurance …
Persistent link: https://www.econbiz.de/10012646807