Low international oil prices provide an opportunity for reducing fuel product subsidies and a platform for increasing fuel product taxation over the medium term to efficient levels that internalize domestic and global environmental costs, while protecting the vulnerable. JThe Time is Right! Reforming Fuel Product Pricing Under Low Oil Prices It advises against using pension systems to address temporary macroeconomic issues. This note discusses the impact of the crisis on pension schemes, pension policy responses, and implementation issues. JPension Schemes in the COVID-19 Crisis: Impacts and Policy Considerations The note reviews these funds and shows how they can be made efficient, transparent, and accountable. Many countries have established off-budget COVID-19 funds to help mobilize resources and accelerate emergency spending. This note provides guidance to identify measures that enhance tax progressivity and reduce economic distortions, while supporting a green recovery.ĪugCOVID-19 Funds in Response to the Pandemic
Revenue mobilization will be imperative in many countries once the crisis abates. This note reviews the possible scope for and design of temporary COVID-19 recovery contributions, raised on high incomes or wealth to help meet the extraordinary financing needs following the pandemic while also promoting social cohesion in difficult times.ĭecemTax Policy for Inclusive Growth after the Pandemic Using these principles, a practical revenue collection action plan (RCAP) is provided, which administrations can tailor to their unique circumstances.ĭownload: English | العربية | español | français | 日本語 | português | русский | 中文 This special-purpose note offers principles tax administrations can use to optimize revenue collection in the short-term. Reestablishing revenue collection approaches as the crisis moderates will be an urgent priority for many countries. JPostcrisis Revenue Generation for Tax Administrations
#Stat transfer cost drivers#
This joint note between IMF/UNDP/UN-Women calls for countries to deploy gender-responsive policies and budgeting, which will help to mitigate the short-term impacts, while also addressing long-term structural drivers of gender inequality.ĭownload: English | العربية | español | français | português | русский The COVID-19 crisis threatens decades of progress for women and girls. The results show that the DSSI has lowered spreads of participating SSA frontier markets. This note assesses whether it has also helped lower sovereign bond spreads. The DSSI has provided valuable liquidity support to SSA. AugHas the DSSI Helped Lower Sovereign Spreads of Participating SSA Countries?