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Blog Post
November 09, 2018
As part of borrowing from the IMF, the IMF and the country that is borrowing agree on the implementation of certain policies (conditions) during the program period. The implementation of some conditions is not essential for the continuation of the program, including some pertaining to budgetary expe...
Blog Post
September 24, 2018
In a meeting in Salalah, Oman earlier this month, representatives (including ministers of health) of 22 countries in the World Health Organization’s Eastern Mediterranean region reaffirmed their commitment to universal health coverage (UHC) by signing the UHC 2030 Global Compact, mak...
Blog Post
August 01, 2018
It is time that donors and technical assistance providers turn their attention to tax concessions provided by developing countries struggling to raise more taxes from domestic sources. The granting of tax concessions is not only mostly opaque and prone to corruption, but these concessions are furthe...
Blog Post
July 17, 2018
In development circles these days, there is considerable emphasis on developing countries collecting more taxes domestically to help achieve the SDGs. But with this attention to domestic resource mobilization, we shouldn’t lose sight of a critical point: collecting more taxes will on...
Blog Post
May 16, 2018
Responding to the latest assessment of Mexico’s implementation of the Basel III recommendations, the Mexican authorities argued that regulations for countries hosting foreign banks’ subsidiaries and for the parent countries of the subsidiaries should be aligned “in order to prevent...
Blog Post
May 15, 2018
Just as Basel III, among other factors, played a role in the decline in the volume of cross-border lending from advanced economies to EMDEs, it created incentives for a shift in the composition of these flows. Banks’ exposures to certain business lines have been a...