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A Japanese automobile manufacturer builds an assembly plant in Mexico. An Italian software company opens a sales office in Kenya to reach the Kenyan market with their services.
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.
Gonzalo Salinas is a senior economist in the Western Hemisphere Department of the International Monetary Fund. His research focuses on development economics, international trade, and economic growth. At the IMF he has been desk economist for several African countries, including Nigeria, and currently covers several Caribbean nations. Before joining the IMF, he held consultant positions at Peru’s Ministry of Finance, […]
Robert Gregory is a deputy unit chief in the IMF’s Strategy Policy and Review Department, working on Lending Policy. Previously, he worked in the European Department covering Iceland, and prior to that on Morocco and Nigeria. Robert began his career at Accenture, and has also worked for the UK Treasury and Barclays Bank. He recently returned to the IMF from […]
Fiscal policies have provided large emergency lifelines to people and firms during the COVID-19 pandemic. They are also invaluable to increase a country’s readiness to respond to a crisis and to help with the recovery and beyond. […]