Page 73 - பொருளாதார தரகு க்கு லத்தீன் அமெரிக்கா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Date Time Share Tax revenues in Latin America and Caribbean rose modestly before being hit hard by COVID-19 crisis Report Revenue Statistics in Latin America and the Caribbean 2021, produced by ECLAC,OECD, IDB and CIAT. Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today. Revenue Statistics in Latin America and the Caribbean 2021 shows that the average tax-to-GDP ratio in the LAC region rose to 22.9% in 2019, an increase of 0.3 percentage points, due largely to increases in the Caribbean sub-region. Although the COVID-19 pandemic subsequently caused a sharp decline in tax and resource revenues in 2020, the report identifies the key role of fiscal policy in the region’s response to the pandemic and considers how tax policy can contribute to a green and inclusive recovery.

United statesAntigua and barbudaAmerican centerEuropean union regional facility for developmentOrganisation for economicDevelopment centreCentre for taxEconomic commission for latin americaAmerican development bankReport revenue statisticsLatin americaSouth americaCentral americaInter american centerTax administrationsEconomic commission