International financial institutions

Bangladesh has a weak and inequitable tax system. Over the past 15 years, the government of Bangladesh (GoB) has relied on the regressive value-added tax (VAT) for more than a third of all revenues, with little progress towards strengthening direct taxation of high net-worth individuals and large corporations.  From 2015–2021, the World Bank’s VAT Improvement […]

This year, the World Bank is holding its Annual Meetings in Asia. This is a region that will be key to the success of the global energy transition, and at the same time has much to lose if it does not happen fast enough, because its people are so vulnerable to climate change. The most […]