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gross domestic product (GDP) News

France May Cut Tax In Response To Protests

by Ulrika Lomas,, Brussels

Monday, April 15, 2019

French Prime Minister Edouard Philippe has said that France should prioritize tax cuts following the conclusion of a three-month national consultation on the Government's economic and tax policies. Read Full Story


OECD Urges On French Tax Reform

by Lorys Charalambous,, Cyprus

Thursday, September 14, 2017

The OECD's latest Economic Survey of France has identified tax reform as a priority for the French Government as it attempts to boost the nation's economic growth prospects. Read Full Story


South Africa's Tax Reforms Fail To Increase Revenues

by Robert Lee,, London

Wednesday, July 12, 2017

Tax measures announced in the South African Government's 2016 Budget failed to boost tax revenues, the International Monetary Fund has said. Read Full Story


ESRI: Hard Brexit Could Leave Less Room For Irish Tax Cuts

by Jason Gorringe,, London

Monday, June 26, 2017

The Economic and Social Research Institute has warned that a hard Brexit could have significant implications for the fiscal space the Irish Government has available for tax cuts and spending increases. Read Full Story


Hong Kong's New CE To Pursue Competitive Tax Regime

by Mary Swire,, Hong Kong

Tuesday, March 28, 2017

On March 26, Carrie Lam was elected Hong Kong's new chief executive, with a promise that she would pursue a "new tax policy direction" in the territory. Read Full Story


Kenya Progressing Fiscal Consolidation Efforts

by Lorys Charalambous,, Cyprus

Tuesday, February 7, 2017

The International Monetary Fund has welcomed both the increased tax revenues now being collected in Kenya, and the Government's commitment to reducing the country's fiscal deficit in the medium-term. Read Full Story


New Tax Breaks To Boost South Korean Economy

by Mary Swire,, Hong Kong

Tuesday, February 7, 2017

In its work report for 2017, the South Korean Ministry of Strategy and Finance has indicated that it will focus on boosting South Korea's currently-weak economic growth, in part through fiscal reforms. Read Full Story


Uruguay Increasing Taxes To Tackle Deficit, Says IMF

by Mike Godfrey,, Washington

Thursday, February 2, 2017

Uruguay's decision to hike income tax on middle- to high-income earners will support plans to reduce the fiscal deficit to 2.5 percent of gross domestic product (GDP) by 2019, says the International Monetary Fund. Read Full Story


Australia Needs Tax Reform, Businesses Say

by Mary Swire,, Hong Kong

Monday, December 19, 2016

James Pearson, the CEO of the Australian Chamber of Commerce and Industry, has said that the country "needs broad-based tax reform rather than a piecemeal approach in order to stimulate economic growth." Read Full Story


South Africa's Tax Plans Secure It Stable Credit Rating

by Lorys Charalambous,, Cyprus

Friday, December 2, 2016

Both Moody's Investors Service and Fitch Ratings have kept their investment grade ratings for South Africa, following the additional fiscal consolidation contained in the Government's recent 2016 Medium Term Budget Policy Statement. Read Full Story



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