Better information can help Latin America and the Caribbean tackle energy subsidies and make the energy sector stronger. Many Latin American and Caribbean governments use energy subsidies as part of their anti-poverty efforts. As countries began tightening budgets and reducing debt post-pandemic, these subsidies have come under scrutiny. They are not only expensive but … [Read more...] about How Targeting Enables Energy Subsidy Reforms
Smart Public Procurement for Better Public Spending in Latin America and the Caribbean
Given the increasing fiscal constraints facing Latin America and Caribbean (LAC), it is imperative to adopt smarter, more strategic procurement approaches that reduce waste and enhance the efficiency of public funds, particularly with a focus on mid- and long-term developmental outcomes.Such a strategy could go a long way in helping bridge the financing gap for … [Read more...] about Smart Public Procurement for Better Public Spending in Latin America and the Caribbean
Four Strategies to Make Tobacco Taxation an Effective Tool to Reduce Consumption
Fiscal policy has a key role in reducing tobacco use. According to the WHO FCTC, raising taxes has been one of the most effective measures by far. This is because an increase in taxes, directly affects the price, which in turn makes tobacco products less affordable. Pricier tobacco products have the positive effect of reducing tobacco initiation, prevalence, and consumption. … [Read more...] about Four Strategies to Make Tobacco Taxation an Effective Tool to Reduce Consumption