Blogs

June 26, 2020 | Hande Ayan (Communications Consultant, PCT) and Tomas Balco (Senior Adviser, OECD)
The fight against COVID-19 is transforming social norms and practices around the world. Social distancing and work-from-home are now global norms. This requires adopting digital solutions quickly. PCT’s three recent workshops on TP and comparables data were no exceptions: All workshops went virtual and connected tax officials from around the world.
June 16, 2020 | Vitor Gaspar, IMF; Navid Hanif, UN; Ceyla Pazarbasioglu, WBG; Pascal Saint-Amans, OECD
The current crisis is a global challenge that requires a global response. International tax cooperation must be part and parcel of a set of effective and well-coordinated multilateral actions to respond to the crisis.

A joint blog by Vitor Gaspar, IMF; Navid Hanif, UN; Ceyla Pazarbasioglu, WBG; Pascal Saint-Amans, OECD.
March 23, 2020 | Pascal Saint-Amans

The number of COVID-19 cases is quickly rising around the world, with major adverse effects on health and mortality. To fight the outbreak and the spread of the virus, countries are imposing unprecedented measures, such as restrictions on the free movement of people and goods, and are shutting down large parts of the economy.

March 05, 2020 | Vitor Gaspar and Paolo Mauro
A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as the recent outbreak of the coronavirus. The IMF has $50 billion available in rapid-disbursing emergency financing to help countries suffering from the virus. As Managing Director Kristalina Georgieva said, what we want is to guarantee that people are not going to die because of a lack of money.
October 31, 2019 | Marcello Estevão
Achieving the Sustainable Development Goals requires a massive increase in investment over the next decade —each year, the equivalent of as much as 8.2% of national GDP for some developing countries. That’s a tall order for even the wealthiest of countries. For low-income countries, it’s a potentially crushing burden.
February 19, 2019 | Marcello Estevão
Without urgent action, the impact of climate change could push an additional 100 million people into poverty by 2030.  Meeting global climate goals requires ambitious, transformational and systemic action. Mobilizing public and private resources is an essential part of generating the trillions of dollars needed for this sustainable infrastructure.
October 03, 2018 | Richard Record, Jonathan Leigh Pemberton
Malaysia wants the digital economy to play a central role in the next chapter of the country’s development—that much is clear. However, what may be less clear is why taxation should be part of the policy mix that will help deliver the country’s digital economy ambitions. This is important because taxes raise the cost of doing business rather than reducing it.
February 14, 2018 | Jan Walliser
Taxation plays a fundamental role in effectively raising and allocating domestic resources for governments to deliver essential public services and achieve broader development goals.
February 13, 2018 | Jim Brumby, Michael Keen
High and rising income inequality is a serious concern in many countries, as highlighted in the IMF’s recent Fiscal Monitor. Wealth, however, is distributed even more unequally than income.