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What do we really know about Africa's informal economy?

Policymakers and scholars may be missing important clues on how this sector operates. ....

Shelby Grossman , World Bank Enterprise , Informal Markets , State Shapes Private Governance , Bank Enterprise Survey , More Akin , ஷெல்பி மொத்த மனிதர் , உலகம் வங்கி நிறுவன , முறைசாரா சந்தைகள் , நிலை வடிவங்கள் ப்ரைவேட் ஆளுகை , வங்கி நிறுவன கணக்கெடுப்பு ,

Amidst the pandemic, Moldovan businesses face growing anxiety

Amidst the pandemic, Moldovan businesses face growing anxiety

In a previous blog, we introduced Viorica C., the owner of a hair salon in Chisinau, and described how COVID-19 had impacted her business and other firms in Moldova. In fall 2020, eight months into the pandemic, we went back to see Viorica and to visit other firms from the 2019 World Bank Enterprise Survey to determine how Moldova’s private sector was adapting to the new normal - against a background of a sixfold increase in the number of coronavirus cases and the worst drought in two decades.
In our latest Economic Update, the World Bank estimated that the recession in Moldova in 2020 would reach 7.2 percent of GDP, with young workers affected the most. Unfortunately and perhaps not surprisingly, businesses were not immune to the ongoing health and environmental crisis. ....

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House panel okays bill on ease of paying taxes

House panel okays bill on ease of paying taxes
visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.

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House panel OKs Ease of Paying Taxes Act

Published January 25, 2021, 2:54 PM
Recognizing that benefits of high taxpayer morale cannot be understated, the House Committee on Ways and Means approved Monday the proposed Ease of Paying Taxes Act which seeks to introduce administrative tax reforms to the country’s National Internal Revenue Code of 1997.
(Cong. Joey Salceda’s office / FILE PHOTO / MANILA BULLETIN)
After more than two hours of virtual deliberations, the House panel, chaired by Albay Rep. Joey Salceda, approved House Bill No. 7881 that he principally authored, subject to style and amendments.
The bill seeks to amend Sections 21, 22, 51, 56, 58, 77, 81, 90, 91, 103, 106, 108, 110, 113, 114, 128, 200, 236, 237, 238, 245, and 264, and add Sections 291 and 292 of Republic Act No. 8424, otherwise known as the NIRC of 1997, as amended. ....

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World Bank report highlights key reforms needed to use Albania's digital trade

World Bank report highlights key reforms needed to use Albania s digital trade
Key Reforms Needed to Grow Albania’s E-commerce Sector, Says New World Bank ReportWorld Bank | Washington DC | Updated: 21-01-2021 22:11 IST | Created: 21-01-2021 22:11 IST
During the COVID-19 pandemic, online markets are playing a particularly important role by allowing economic life to continue despite social distancing. Image Credit: Pxhere
A new World Bank Albania E-Commerce Diagnostic highlights key reforms needed to better leverage digital trade as an opportunity for economic development.
E-commerce can be an important asset for Albania. Online sales channels allow businesses to reach more customers, at home and abroad. Customers gain from greater convenience and more choice. Sectors enabling e-commerce can create new jobs, including in technology companies, logistics and online payments. ....

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