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This paper describes Romania's Technical Assistance report on reforming personal income taxation. With one of the lowest revenues in the EU and a projected budget deficit exceeding 7 percent of gross domestic product (GDP), Romania should rely on an array of tax instruments to mobilize revenues....
Persistent link: https://www.econbiz.de/10015060307
OVERALL ASSESSMENT This Report on the Observance of Standards and Codes (ROSC)—Data Module provides an update of the assessment conducted in February 2006, which was based on the July 2003 version of the IMF’s Data Quality Assessment Framework (DQAF). This ROSC Data Module is the first...
Persistent link: https://www.econbiz.de/10012678374
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This technical assistance report on the Republic of Armenia discusses personal tax policy and presents the policy review and introduction of a universal declaration. Costly and regressive tax incentives should be repealed. A Universal Personal Income Tax (PIT) Declaration makes it possible to...
Persistent link: https://www.econbiz.de/10015059737
Persistent link: https://www.econbiz.de/10011244421
This 2013 Article IV Consultation highlights that key developments in Guatemala since the 2012 Article IV Consultation …
Persistent link: https://www.econbiz.de/10011245764
bank. Further strengthening of the financial system is necessary. The 2014 FSAP update found that Guatemala has made …
Persistent link: https://www.econbiz.de/10011242702
This Selected Issues paper estimates both Guatemala’s potential output and output gap using a wide range of econometric techniques. The analysis suggests that Guatemala’s potential output growth is about 3.5 percent for the whole sample period and that the output gap is almost...
Persistent link: https://www.econbiz.de/10011243930
This Selected Issues paper focuses determinants, risks, and expectations to study inflation in Guatemala. It analyses …: (1) quantify the role of external and domestic factors on the dynamics of inflation in Guatemala. It identifies imported … factors driving inflation dynamics and estimates their importance for Guatemala; (2) presents a risk assessment of core …
Persistent link: https://www.econbiz.de/10015059426
This 2023 Article IV Consultation highlights that Guatemala's solid record of accomplishment of prudent macroeconomic … proven resilient to global financial tightening conditions and domestic interest rate hikes. Guatemala stays an economy with …
Persistent link: https://www.econbiz.de/10015059427