However, the effective operation of the VAT breaks down in the presence of exemptions. Unlike zero rates, exemptions deny input tax credits, thereby increasing production costs and resulting in VAT ...

This report assesses opportunities to increase private sector participation and financing for climate adaptation and nature-based infrastructure in Emerging and Developing Economies (EMDEs). Climate ...

The benefits of open banking are obvious and significant for consumers — especially those underserved by the current marketplace. Bankers and regulators should work to speed up its implementation.

The Basel Committee’s decision to take a voluntary approach to climate rules and focus only on extreme weather will weaken a ...

Andrew Bailey has signalled that Sir Keir Starmer’s trade deal with the US will not be enough to offset the hit to growth ...

Brazil's central bank raised interest rates by 50 basis points on Wednesday in a sixth straight hike that pushed borrowing ...

This week, we dive deep into new datasets from the World Bank and artificial intelligence researchers at Anthropic.

Banks in other parts of the country will be open. Bank holiday on Bhagwan Shri Parshuram Jayanti Bhagwan Shri Parshuram Jayanti is a Hindu festival commemorating the birth anniversary of Lord ...

In line with the Reserve Bank of India's (RBI) holiday schedule, all public and private sector banks across the country will remain closed on Saturday, April 26, 2025, in observance of a scheduled ...

The International Monetary Fund and World Bank spring meetings this week in Washington have been dominated by worries about the economic fallout from century-high U.S. tariffs - and retaliatory ...

Pay10, an Alternative Payment Method provider based in the UAE, has announced its achievement as the first fintech company to go live on the Central Bank of the UAE's Open Finance Framework.

The World Bank, in its latest Africa’s Pulse report ... He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think ...