Sub-Saharan African countries will need to implement targeted policy actions to reduce profit shifting in the mining sector and avoid a substantial loss in tax revenue.
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Parisa Kamali is an economist in the External Policy Division of the IMF’s Strategy, Policy, and Review Department. Previously, she was in the General Resources and SDR Policy Division of Finance Department. She has participated in missions to Liberia and Czech Republic. Her research focuses on trade and firm dynamics. She holds a PhD in Economics from University of Minnesota […]
The COVID-19 shocks are proving to be especially challenging for fragile states. Pre-COVID, fiscal revenues were low in such countries and governments were struggling to raise them. Now, COVID-19 is hitting them hard and fiscal revenues are falling. Once the pandemic abates, restoring and further enhancing tax collection is even more important to secure debt sustainability, facilitate […]
Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens. […]
Ippei Shibata is an Economist in the Research Department at the IMF. Previously, he worked in the Strategy Policy Review Department and the Western Hemisphere Department, where he worked on Guyana, Liberia, and Suriname. His research interests include applied macroeconomics and labor market issues (e.g. labor market mismatch and measurement errors). He holds a Ph.D. in Economics from the […]
The COVID-19 pandemic could be a game changer for digital financial services. Low-income households and small firms can benefit greatly from advances in mobile money, fintech services, and online banking. […]
By David Lipton
Across sub-Saharan Africa, a visit to a school offers both a vision of hope for the future, and a reminder of the difficulties in attaining that vision. My recent visit to Sierra Leone and Niger brought this duality into sharp focus. […]