Updated on 02/12/2021 09:35 am Year-on-year inflation in the OECD as a whole jumped again in October to 5.2%, six tenths more than in September, mainly due to energy, and thus reached its highest level since February 1997. Between October 2020 and the same month of this year, energy prices increased by 24.2%, and that […]
Tag: OECD
OECD cuts global growth forecast and warns of omicron risk
The OECD has warned that the COVID-19 omicron variant may be a threat to the global economic recovery and cut its projections for global growth in 2021, advocating for faster distribution of vaccines. The world economy could grow 5.6% this year, the Organization for Economic Cooperation and Development anticipated in its projections (OECD), that is, […]
What should be prioritized in the tax reform?
Efficiency and equity Miriam Yepes, representative of the Ministry of Economy The purpose of the delegation of tax powers is to strengthen the tax situation. It seeks to increase collection under criteria of efficiency and equity, advance in the formalization and expansion of the tax base, combat evasion and avoidance, reduce inequities in the tax […]
Chile, the OECD country that most wants the State to reduce inequalities
Updated on 11/18/2021 11:15 am Chile is the OECD country in which a larger part of its inhabitants consider that government intervention is necessary to reduce inequalities that they perceive as too great, a perception that is in line with the real fracture of resources. In a report on the perception of inequalities, the Organization […]
Maúrtua on Peru’s entry into the OECD: “Economic indicators generate good auspices”
The head of the Ministry of Foreign Affairs, Oscar Maúrtua, announced that the Peru economic indicators are giving “good auspices” in the middle of the process of accession to the Organization for Economic Cooperation and Development (OECD), process ratified by the president Pedro Castillo. During his presentation before the Special Commission for Monitoring the Incorporation […]
OECD: tax collection as a percentage of Peru’s GDP is lower than the rest of Latam
An evaluation of the Organization for Economic Cooperation and Development (OECD) shows that tax collection as a percentage of Peru’s GDP in 2019 (16.6%) was 6.3 points below the average of the rest of the countries of Latin America and the Caribbean (22.9%). In this prepandemic period, before the health emergency began, Peru’s tax pressure […]
The UN and the OECD help collect US $ 1.4 billion in taxes in several countries including Peru
Updated on 11/09/2021 11:15 am Tax Inspectors Without Borders (IFSF), an OECD and UN Development Program (UNDP) project to help emerging countries improve the efficiency of their tax collection, helped raise $ 1.4 billion in tax revenue additional since 2012. According to the annual report of that organization, the large part of this extra collection […]
Chile, the OECD country where revenues grew the most in April-June
Updated on 11/08/2021 11:29 am The real income of Chileans jumped 22.1% in the second quarter due to the effect of early access to pensions, which made that country the one with the highest increase in that period among OECD members. The Organization for Economic Cooperation and Development (OECD) indicated in a statement that in […]
After four years, the G20 agrees on the historic global minimum tax on multinationals
With information from EFE The first day of the G20 leaders’ summit in Rome today achieved its first objective: the adoption, after lengthy negotiations, of a global minimum tax on multinationals to balance the international tax system. “After four years of intense debate, a historic agreement has been reached on a solution based on two […]
OECD: COVID-19 threatens to lose 20-year progress in welfare in Latin America
Many of the improvements in the well-being of the population of the most developed countries in Latin America, which had already slowed down since the middle of the last decade, run the risk of being lost with the pandemic, indicates the OECD in a report. The Organization for Economic Cooperation and Development (OECD) looks at […]