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Economy and finance ministries in the face of climate change: 7 advancements in the green fiscal agenda

Inter-American Development Bank

There is no turning back now, the ministries of economy and finance are at the heart of climate action. What are finance ministries doing and discussing to advance green fiscal management? In recent years there has been an enormous increase in the development of these strategies, with around e 40 worldwide.

Finance 52
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How Lithuania fast-tracked green procurement

Open Contracting Partnership

The government took three key steps: i) careful planning for the green transition; ii) implementing green public procurement (GPP) in practice with a focus on building the capacity of public buyers; and iii) learning powered by data-driven monitoring with a public dashboard. We now have to help our business adapt and innovate.

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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021.

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The Global Minimum Tax is a Game Changer: Learn About the Main Tax Policy Trade-offs

Inter-American Development Bank

Senior tax policymakers from across the region attended the event organized by the IDB, the World Bank and the G-20 Brazilian presidency, represented during the event by Ministry of Finance and Receita Federal do Brasil (RFB), the country’s federal tax agency.

Import 52
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Interview with Our Editors: Nigeria and Lagos Chamber of Commerce International Arbitration Centre in the Spotlight with Abimbola Akeredolu SAN

Kluwer Arbitration

The LACIAC Board of Directors, through its technical committees, strives to build capacity in different sectors including energy, construction, finance and technology, international trade, telecoms, media and entertainment, MSMEs, among others. It has, however, been incredibly rewarding.

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Tax Administration 3.0: IDB open-source software leverages digital accounting data to facilitate and increase compliance

Inter-American Development Bank

In this sense, digitally collecting accounting information from companies is crucial to enable TAs to better measure business activities, such as operations, financing, investments, the performance of companies, and their contractual relationships. However, to reach the next level of digitization, known as Tax Administration 3.0,

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Purchasing uncertain or indefinite requirements – guest post by ?erban Filipon

How to Crack a Nut

To unleash the potential that these arrangements have for enhanced efficiency and effectiveness in public procurement, more balanced regulation is needed, and more work is needed on regulatory, policy as well as implementation matters. However, in other respects, the regulation could be too rigid.