Tag: IMF
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Open AI on Private Placement Programs (PPP)
Open AI; Explain how private placement programs work? Private Placement Programs (PPP) are investment opportunities offered by private entities to a limited number of investors who are typically high-net-worth individuals or institutional investors. These programs are often used for alternative investments that are not available through public markets. The basic structure of a PPP involves…
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White Dragon Society, IMF, GCR, Heritage Bonds and Bank Trading Programs
Over the past several years we have received requests from dozens of legitimate groups claiming to have imminent closings and requesting us to supply them with high level receiving bank accounts and trading programs. Not a single one has ever received any funds. • Chinese Bonds – The Beijing government has stopped redeeming these. They…
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IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation
The authorities are appropriately maintaining the peg of the Iraqi dinar to the U.S. dollar, which provides a key anchor to the economy. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation need to be implemented. The authorities are implementing a sizable fiscal adjustment, mostly through retrenchment of inefficient capital…
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Global investment flowing through tax havens grows by $700bn
The portion of global investment flowing through tax havens has risen by $700bn in two years, according to an analysis by ActionAid. The NGOs evaluation of data from the International Monetary Fund evidences a 5% increase in investment moving through tax havens between 2013 and 2015, from $11.8tn to $12.5tn. ActionAid said this growth was…
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World Bank and IMF: Where do they stand on progressive and responsible taxation?
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries. However, their approach needs to go much further to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues. The World Bank and the IMF…