The policies chosen by governments for managing revenues from mining and petroleum resources will help to determine their ability to achieve sustainable development, writes Dr Daniel Wilde, economic adviser at the °źÂț”ș.
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Analysis: Tax and revenue management for resource rich countries
Main page for this area of work
A new paper published by the Commonwealth explores the tax and revenue management policies which countries should follow to reap rewards from their mineral and petroleum resources.
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New paper outlines tax and revenue policies for oil and mining
The progress of some least developed countries (LDCs) is behind expectation, finds a mid-term review of an action plan to âgraduateâ poorest countries to developing status
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Progress of least developed countries falling short of targets
23 November 2016 to 25 November 2016
Event
Technical workshop on developing a National Youth Entrepreneurship Framework, 23-25 November 2016, South Africa.
13 November 2016 to 18 November 2016
Event
Almost a year after the historic Paris Agreement on Climate Change, Morocco hosts the latest round of global climate talks.
Dozens of member states exhibited at the World Travel Market in London this week, aiming to present their countries as dream holiday destinations.
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Commonwealth countries promote tourism at the World Travel Market
Commonwealth countries must unite on tackling climate change to protect their tourism industries, Secretary-General Patricia Scotland urged ministers and senior officials this week
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Secretary-General assures tourism ministers of support on climate action
11 November 2016 to 11 November 2016
Event
Topic: Commonwealth Intergenerational Climate Dialogue â âWalking the Talkâ
The Global Forum now has 137 members on equal footing and is the premier international body for ensuring the implementation of the internationally agreed standards of transparency and exchange of information in the tax area.
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Commonwealth voices amplified at international tax forum
A free trade agreement between the UK and India would increase trade between the countries by 25 per cent, new research undertaken by the Commonwealth shows.
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UK-India bilateral trade deal to boost UKâs exports by 2.6 billion
The °źÂț”ș is helping the Swaziland government draft legislation and design its fiscal regime to enhance revenues, support local industry and boost regulation in the sector.
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Swaziland strengthens mining industry with Commonwealth assistance
The subject matter of sovereign contingent liability (CL) risk management has been receiving increasing attention, since it is widely acknowledged that it poses potential hidden fiscal risks.
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Risk Management of Contingent Liabilities and Public Debt
Sri Lanka has been experiencing a declining trend in exports for the last three years. Whatâs more, the countryâs export basket continues to concentrate on a limited number of products and to limited markets.
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The Commonwealth helps Sri Lanka diversify exports
Toronto, Canada 1984: Commonwealth finance ministers warned of the dangers posed by rising interest rates to highly indebted developing countries at a major summit.
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From the Archive: Commonwealth highlights debt crisis in developing countries
On 17 October 2016, a report by the Natural Resource Governance Institute, entitled âPreventing Tax Base Erosion in Africa: a Regional Study of Transfer Pricing Challenges in the Mining Sectorâ received its London launch at Marlborough House.
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Podcast: NRGI report on preventing tax base erosion in Africa
Botswana has launched a new scheme to boost its economy. The new âAid for Tradeâ strategy outlines ways to diversify exports and drive the nationâs economic growth.
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National aid for trade strategy launched in Botswana
Both the president and the prime minister of Sri Lanka took part in the launch of the Colombo Declaration to ensure better health across the Commonwealth.
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Colombo declaration for Commonwealth health âwill shape global agendaâ
Central bank governors have been hearing about the risks Brexit and de-risking poses for Commonwealth countries. They were told that the jury was still out on how Britain's exit from the European Union would affect trade, remittances, aid and investment in the Commonwealth.
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Jury out on Brexit but calls for greater cooperation to undo de-risking
Countries significantly impacted by extreme weather should have a repayment holiday on government loans and bonds, a Commonwealth report has recommended.
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Countries need debt repayment holidays after disasters, says new report
New research published today by the °źÂț”ș calls for âfundamental changesâ to the way the worldâs oceans, seas and coastal areas are managed.
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Commonwealth urges policy changes to unleash blue economy
We are ready to support countries through tough post-Brexit trade negotiations, Secretary-General Patricia Scotland will tell Commonwealth finance ministers next week.
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Commonwealth to be âhonest brokerâ as member states move from âshock to solutionsâ after UK vote to leave the EU
Recent developments in the global trading landscape have the potential to adversely affect the least developed countries and undermine the aspirations of the sustainable development goals (SDGs), as discussed at a panel session organised by the °źÂț”ș at the World Trade Organizationâs Public Forum in Geneva this week. âInclusive Tradeâ was the theme of this yearâs conference â echoing the °źÂț”șâs approach promoting trade equality.
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SDGs and Inclusive Trade: Commonwealth high level panel at WTO Public Forum
Finance ministers, central bank governors and the Secretary-General will be in the American capital this week to respond to the biggest financial challenges facing Commonwealth countries.
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Commonwealth finance ministers address Brexit, climate and banking
This paper examines global value chain (GVC) activity in Sub-Saharan Africa, through the lens of newly assembled data on value added trade.
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Value Chains and Connectivity in Sub-Saharan Africa
Vulnerable small island states and developing countries stand to gain access to billions of dollars of climate finance with the aid of a new Commonwealth initiative.
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Commonwealth hub to unlock billions in climate finance for developing countries