OPINION/EDITORIAL

Seychelles Pioneers Novel Financing Instruments and Taps IMF Climate Facility

Photo Credit: Diamond Dogs/Getty Images IMF COUNTRY FOCUS July 5, 2023/IMF Seychelles is successfully balancing conservation and economic development by tapping innovative financing instruments. The East African island nation relies largely on tourism and fishing for revenue and was the first country to issue a blue bond and to designate […]

Crypto Poses Significant Tax Problems—and They Could Get Worse

(Credit: Da-kuk/iStock by Getty Images) July 5, 2023/IMFBlog By Katherine Baer, Ruud de Mooij, Shafik Hebous, and Michael Keen Crypto assets that can be used as instruments of payment have proliferated into more than 10,000 variants since the 2009 debut of Bitcoin, the first and still the largest. The bewildering speed with which […]

MPC Committee Faces a Tough Choice at the Next MPC Meeting

July 5, 2023/CSL Research Following the World’s bank projection that the country’s inflation rate will likely reach 25% for the full year 2023, the Bank of America has predicted that inflation may reach 30% by the end of the year from 22.4% in May, noting that the Monetary Policy Committee […]