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This study estimated Indonesia's potential growth rate and examined its underlying determinants. Implementing a comprehensive program to address key influencing issues can improve the effectiveness of monetary policy, increase financial stability, and support capital market development. This...
Persistent link: https://www.econbiz.de/10009510804
Persistent link: https://www.econbiz.de/10015058399
This paper discusses the estimates of tax gaps for corporate income tax (CIT) for nonfinancial corporations in Slovenia by applying the methodology of the IMF's Revenue Administration - Gap Analysis Program (RA-GAP). The RA-GAP methodology for CIT gap is based on a top-down approach, which...
Persistent link: https://www.econbiz.de/10015059605
This paper highlights Romania's Technical Assistance report on improving revenues from the recurrent property tax. The current area-based property tax system in Romania is inefficient, producing revenue below its potential, while the taxable value determination is inequitable and complex. The...
Persistent link: https://www.econbiz.de/10015060308
Albania is formulating a Medium-Term Revenue Strategy (MTRS) with IMF support. The decision to commit to the development of an MTRS was taken against the background of revenue persistently falling short of budget projections, revenue continuing to lag behind regional peers in tax to Gross...
Persistent link: https://www.econbiz.de/10015060418
This Selected Issues paper highlights impact of high-energy prices on Germany's potential output. The surge in energy … nonenergy intensive sector's industrial production has remained resilient. Permanently higher energy prices could reduce Germany …. Some decline in Germany's potential output level because of higher energy prices is likely unavoidable. However, good …
Persistent link: https://www.econbiz.de/10015059237
This 2023 Article IV Consultation discusses that the German economy has demonstrated resilience following the shut-off of Russian gas supply in the year 2022. The energy shock and tightening financial conditions are expected to keep annual gross domestic product (GDP) growth slightly negative in...
Persistent link: https://www.econbiz.de/10015059238
German bank profitability is low by international standards. Although German banks rank more favorably in risk-adjusted terms, as low profitability is partially compensated by lower volatility of returns, their profitability ratios remain low. On other measures (such as returns on assets,...
Persistent link: https://www.econbiz.de/10015060177
, strong public and private sector balance sheets, and unprecedented public and ECB support. Immediate risks to Germany …
Persistent link: https://www.econbiz.de/10015060178
Much progress on resolution planning and preparedness has been achieved since the last FSAP in 2016. Germany … resolution processes. However, the large weight of Less Significant Institutions (LSIs) in Germany's financial sector calls for …
Persistent link: https://www.econbiz.de/10015060179