Item iva-future-prospects-and-effects-of-the-covid-19-pandemic-2020

OECD Network on Fiscal Relations across Levels of Government, 16th Annual Meeting, 3-4 December 2020 – Virtual Meeting

Economy & Finance

Direction générale des Finances publiques 26/01/2021
1. The crisis has not really changed the balance of powers…
…but made it possible to adapt & strengthen the central/local authorities relationship :
- Emergency measures : central government lead, with local tailoring for greater
efficiency
- Recovery plan defined by the government but will associate local authorities
- F.I. Solidarity fund to help businesses is managed by the central State but includes
an additional layer coming from the Regions, which have an economic
development competence
Annual meeting of the Network on Fiscal Relations
3-4 December
Item IV. Future prospects and effects of the COVID-19 pandemic

Direction générale des Finances publiques 26/01/2021
2. The crisis has strengthened the relationship between administrations and users:
- Opportunity for tax administrations to widen their field of action and change their
image in a positive way
- Need to increase agility in process & tools through broader digitalization
- Stress on the importance to flesh out our new “trust relationship” with users, both
individuals, professionals or other public administrations and partners
The Covid19 crisis has brought to light the need of a deep and strong relationship
between central & local levels, with an enhanced customer service in the territories
Annual meeting of the Network on Fiscal Relations
3-4 December
Item IV. Future prospects and effects of the COVID-19 pandemic

The document outlines an initial work plan for Result 3 of the EU4Environment program, which aims to establish an environmental level playing field. It includes 4 activities: 1) "smart" regulation of environmental impacts, 2) environmental compliance assurance and environmental liability regimes, 3) domestic public finance reforms and green investment, and 4) administrative capacity for environmental management. For each activity, it proposes timelines, targets, and notes the actual demand expressed by Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine. It concludes with questions for a round table discussion on addressing higher country demand, prioritizing areas/activities, phasing activities, and desired outputs.

OECD Regional Recovery Platform

The COVID-19 crisis and recovery has been uneven across regions and cities. There is an average 17 percentage point gap in excess mortality rates within countries in 2020. Vaccination rates also vary significantly between regions, with an average 16 percentage point difference between the most and least vaccinated regions in September 2021. This uneven impact risks increasing regional inequalities and threats to the broader economic recovery, as unemployment remains higher than pre-COVID levels in over 80% of OECD regions. The OECD Regional Recovery Platform aims to better understand this uneven recovery and support policymakers through indicators on resilience, recovery, impacts, scenarios, and a policy database.

Intergovernmental relations and the covid-19 crisis: early lessons

Monetary and fiscal support from central governments successfully accelerated the economic recovery from COVID-19. While GDP growth slowed, revenues and expenditures at subnational government levels were stabilized due to central support and reliance on stable tax bases. Despite vaccination programs, COVID-19 death rates remain high, and the future outlook is uncertain as infections rise again in winter months. Central government fiscal positions are now more fragile, and inflation and potential interest rate hikes could increase debt burdens across levels of government.

OECD - Fiscal Network Work Programme (Item5)

Item i ia-inter-governmental-policy-responses-to-the-covid-19-pandemic-2020

Item via-annual-meeting-of-the-network-on-fiscal-relations-across-levels-of-g...

Item iib-the-territorial-impact-of-covid-19-2020

Fiscal sustainability and healthcare

Population aging is expected to increase healthcare expenditures in OECD countries more than government revenues, putting pressure on government fiscal positions. Taxes on labor income are more vulnerable to aging than other tax types like consumption taxes. Deteriorating subnational fiscal positions may be difficult to overcome if subnational governments have limited revenue raising autonomy. Reforms to fiscal federalism may be needed to address imbalances across levels of government as the impact of aging is asymmetric depending on their expenditure and revenue responsibilities.

With historic amounts of federal funds being allocated to support pandemic recovery, state economic development offices and regional Economic Development Districts need to work well together now more than ever. This session will explore strategies and best practices for how states and EDDs can better coordinate their efforts to achieve better outcomes and meet local, regional, and statewide goals. Presenters will share regional and state-level perspectives as well as recent research emerging from a current capacity building project to support better regional-state partnerships.

nvesting in Rural Prosperity: A Vision for the Future of Rural Development

Recent and projected demographic and economic transitions present both challenges and opportunities for rural communities. Whether rural communities and the people who call them home will thrive in the future depends in part on the approach that community leaders take to supporting workers, businesses, and families. An increasing body of evidence indicates that creating a strong sense of place, good quality of life, and inclusive access to opportunity may be deciding factors in whether a community will flourish or struggle over the long-term. Come to this session to hear from national thought leaders and on-the-ground practitioners about what this means for the work of Regional Development Organizations, their stakeholders, and the policies that support their work.

smc bos measure k revised allocation options

Adina Levin

This document discusses two options to revise the Measure K allocation plan to increase funding for affordable housing. Option 1 would increase affordable housing funding to $22.5 million in FY 2017-18 and $25 million in FY 2018-19 by reducing funds for other initiatives like youth programs, transportation contributions, district-specific allocations, and IT projects. Option 2 would increase affordable housing funding to $20 million annually by decreasing transportation contributions and youth programs. Both options propose allocating the increased affordable housing funds to development projects and ongoing housing programs.

Tracking Non-financial aid flows more effectively

Kelly Hunte

This document discusses tracking non-financial aid flows more effectively. It notes that while financial aid data is well tracked, data on non-financial aid (e.g. training and technical assistance) is fragmented. It argues for using economic accounting to assign costs to different types of non-financial aid activities to improve monitoring. A case study of Barbados finds that around $1.4 million in non-financial aid was received in 2010-2012, including donations and training. Some aid was linked to national priorities like renewable energy and poverty reduction, but a standardized template is needed to better capture and assess these flows.

Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fund

Molenbeek Sport kreeg 59.720 euro van EU

Thierry Debels

Addressing Infrastructure Dependencies in Hazard Mitigation Plans

2021 Federal Legislative Overview

A new administration, new department, and agency leadership, increased federal grant funds available for rural and regional economic development, an economy rebounding from the impact of the COVID-19 pandemic, and continued demand for services at the local and regional level are having a direct and often dramatic effect on the roles of economic development districts and organizations nationwide. Learn about the most recent developments from the Hill and federal agencies that will have a direct bearing on your programs and services.

Housing Policy and Fiscal Tools

This document summarizes key points from an OECD report on housing policy and the environment. It notes that housing accounts for a large portion of global energy use and emissions. The report recommends policies like land value capture, building codes, and property tax reform to increase housing affordability while reducing emissions. Specifically, it advocates shifting from transaction taxes to annual property taxes based on land value rather than building value, and providing discounts for energy-efficient buildings. This could encourage construction and mobility while addressing climate change. The document argues the UK in particular needs holistic reforms like increasing social housing and incentivizing development to improve its affordability crisis.

Presentation UCLG ASPAC OECD Maria Varinia Michalun

OECD CFE

Andrew Coker- Broadband Leads to Economic Growth

A week in europe 20 years after the maastricht treaty

Markets Beyond

Recent budgeting developments - Ratanak Hav, Cambodia

National Productivity Secretariat

Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...

Rus presentation at mta march2015

Ann Treacy

The document outlines the organizational structure and functions of the Rural Utilities Service Telecommunications Program. It describes the responsibilities of the loan and grant origination, portfolio management and risk assessment, and policy and outreach divisions. It provides statistics on funding and progress of the Broadband Initiative Program and previews plans to launch an electronic loan application system.

Financing Climate Policies

enefcities

NL Agency plays a key role in supporting municipalities in the Netherlands to develop and implement SEAPs through various programs and financial mechanisms. It has over 12 years of experience working with municipalities and provinces. It provides guidance to help municipalities identify climate projects, set ambitions, and develop local climate projects. It also maintains a toolbox of innovative financial constructions to help fund projects as direct financing has decreased. Within Covenant of Mayors East, NL Agency leads work package 4 to promote more financing for SEAPs by linking municipalities to funding opportunities and facilitating matchmaking between stakeholders.

Sharpening Your Indirect Cost Recovery Skills

Item vib-discussion-of-rising-subnational-debt-and-the-role-of-subnational-fi...

Are public financial management reforms yielding results in the Region? - Dun...

Fiscal transparency code and fiscal transparency assessment - Johann Seiwald,...

Gabriela Miranda

Decentralizationgovua

The document summarizes an OECD project to support decentralization and regional development in Ukraine from 2021-2022. It discusses how the OECD has worked with Ukraine since 1991 on governance and economic reforms, and outlines a 2014 memorandum of understanding and action plan between the two organizations focusing on anti-corruption, governance, and business climate. The project will build on previous OECD analysis of Ukraine's territorial reforms and decentralization efforts to strengthen local governance and foster regional growth outside the capital region.

Ethiopian Government Accounting System.pptx

Jaafar47

The document provides an overview of Ethiopia's government accounting system reforms and budget process. It discusses the objectives of reforming the accounting system to a double-entry system and improving various aspects like transparency, controls, and information reporting. It also describes the key stages of Ethiopia's annual budget cycle/process culminating in legislative approval. Various accounting classifications and codes used in the budget are defined, including codes for jurisdictions, expenditure type, functional classifications, and other categories.

What's hot

Fostering Partnerships Between States and Economic Development Districts

nvesting in Rural Prosperity: A Vision for the Future of Rural Development

smc bos measure k revised allocation options

Adina Levin

Tracking Non-financial aid flows more effectively

Kelly Hunte

Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fund

Molenbeek Sport kreeg 59.720 euro van EU

Thierry Debels

Addressing Infrastructure Dependencies in Hazard Mitigation Plans

2021 Federal Legislative Overview

Housing Policy and Fiscal Tools

Presentation UCLG ASPAC OECD Maria Varinia Michalun

OECD CFE

Andrew Coker- Broadband Leads to Economic Growth

A week in europe 20 years after the maastricht treaty

Markets Beyond

Recent budgeting developments - Ratanak Hav, Cambodia

National Productivity Secretariat

Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...

Rus presentation at mta march2015

Ann Treacy

Financing Climate Policies

enefcities

Sharpening Your Indirect Cost Recovery Skills

What's hot (17)

Fostering Partnerships Between States and Economic Development Districts

nvesting in Rural Prosperity: A Vision for the Future of Rural Development

smc bos measure k revised allocation options

Tracking Non-financial aid flows more effectively

Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fund

Molenbeek Sport kreeg 59.720 euro van EU

Addressing Infrastructure Dependencies in Hazard Mitigation Plans

2021 Federal Legislative Overview

Housing Policy and Fiscal Tools

Presentation UCLG ASPAC OECD Maria Varinia Michalun

Andrew Coker- Broadband Leads to Economic Growth

A week in europe 20 years after the maastricht treaty

Recent budgeting developments - Ratanak Hav, Cambodia

Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...

Rus presentation at mta march2015

Financing Climate Policies

Sharpening Your Indirect Cost Recovery Skills

Similar to Item iva-future-prospects-and-effects-of-the-covid-19-pandemic-2020

Item vib-discussion-of-rising-subnational-debt-and-the-role-of-subnational-fi...

Are public financial management reforms yielding results in the Region? - Dun...

Fiscal transparency code and fiscal transparency assessment - Johann Seiwald,...

Gabriela Miranda

Decentralizationgovua

Ethiopian Government Accounting System.pptx

Jaafar47

Cambodia, decentralization and deconcentration; progress and issues, august 2011

Jean-Marc Lepain

The document summarizes the progress and issues regarding decentralization and deconcentration reforms in Cambodia. It discusses several key points: 1) The reforms aim to redefine powers and responsibilities at the provincial, district, and municipal levels but have focused more on deconcentration than fiscal decentralization. 2) There are inconsistencies between laws governing sub-national administration and public finance that need to be resolved. 3) While expenditures are decentralized, budgeting remains centralized, and the reforms have focused more on deconcentration than decentralization of service delivery. Revising expenditure and revenue assignments according to responsibility transfers is still needed.

Summary of key findings - Tax Administration 2019

The document summarizes key findings from the OECD's 2019 Tax Administration publication. It shares information on tax administrations in 58 countries to facilitate dialogue on important issues and identify opportunities to improve systems. The publication covers an overview of how administrations are responding to changing compliance environments, governance arrangements, and 10 articles on topical issues. It also analyzes trends toward e-administration, risk-based compliance approaches using behavioral insights and data, challenges around aging workforces, and opportunities to expand pre-filing of tax returns using additional data sources.

Roundtable on developments in budgeting - Gelardina PRODANI, Albania

The_impact_of_COVID_-_19_on_Collecting_of_Tax_Reve.docx

Alexis Patch

O programa de ajustamento económico para Portugal - Décima Primeira Revisão

Cláudio Carneiro

O relatório avalia a conformidade com os termos e condições estabelecidos no Memorando de Entendimento como actualizada após a Décima Revisão do Programa de Ajustamento Económico Português. A avaliação baseia-se nos resultados de uma Comissão Europeia conjunta (CE) / Banco Central Europeu (BCE) / Fundo Monetário Internacional (FMI) missão pessoal para Lisboa entre 20 de fevereiro e 28 de fevereiro de 2014. A missão concluiu que a implementação do programa é amplamente na pista. O déficit orçamental de 2013 foi de 4,9 por cento do PIB, significativamente abaixo da meta de 5,5 por cento Programa do PIB. A maioria dos indicadores econômicos apontam para uma recuperação econômica contínua e as autoridades estão empenhadas em implementar as reformas fiscais e estruturais necessárias para se recuperar o crescimento sustentável. Envelope de financiamento do programa continua a ser suficiente. Aprovação das conclusões desta revisão permitirá o desembolso de 2,5 bilhões de euros (1,6 mil milhões pela UE e EUR 0.9 mil milhões pelo FMI), elevando o total desembolsado para Portugal para EUR 77 mil milhões o que representa cerca de 97 por cento do total disponível financeiro assistência.

OECD, 35th Meeting of Senior Budget Officials - Lars Ostergaard - Denmark

National budget-memorandum-no-138

DyanAiraPanganibanCa

The document provides guidelines for the National Budget Call for Fiscal Year 2022. It discusses the continued implementation of budget reforms such as the transition to an annual Cash Budgeting System and consolidation of government funds into a Treasury Single Account. It notes the Supreme Court ruling on the Mandanas-Garcia petitions will substantially increase funds for Local Government Units beginning in 2022. Agencies are instructed to focus on policy development and oversight of devolved services, and consider cost-sharing arrangements with LGUs. Submission requirements and deadlines for the budget proposals are also outlined.

Ipsasb panel ron_salole_en

icgfmconference

The document discusses IPSAS (International Public Sector Accounting Standards) and their importance for public sector financial reporting and management. It provides an overview of the IPSASB (International Public Sector Accounting Standards Board), their standards-setting process, and the full suite of accrual-based standards they have developed which are largely converged with IFRS. It also discusses the value of using harmonized accrual accounting standards, including benefits like improved decision-making, transparency, and data quality. The document outlines the IPSASB's current work program and priorities, including projects to complete and maintain existing standards.

33804110

Kanukuntla Ranjith

This document summarizes key lessons from Indonesia's decentralization efforts and policies to reduce poverty at regional and local levels. It discusses decentralizing authority to local governments, challenges in implementation including capacity issues, and implications for regional planning and budgeting. It also outlines a policy framework and key actions needed, including developing credible strategies and plans, improving governance, enhancing capacity, and linking national strategies to regional budgets.

Session Two B: Recent Developments In Intergovernmental Relations, Meeting 2019

Financial report as at 30 June 2020

Hera Group

The document provides an overview of macroeconomic, financial, business, environmental, regulatory, human capital, and technological trends relevant to Hera Group for the first half of 2020. Key points include: - The global economy contracted in 2020 due to the Covid-19 pandemic, with the IMF projecting a -4.9% decline in global GDP. - Eurozone GDP is projected to decline -10.2% in 2020. The ECB took measures to support the economy through bond purchases and interest rate cuts. - Italy's GDP is forecast to decline -12.8% in 2020 due to the pandemic, though more optimistic projections see a -9.5% decline. - Energy prices

Performance budgeting - Marine Camiade, France

Performance budgeting: United Kingdom experience, Julian Kelly, United Kingdom

Rapport 2022 du FMI sur les finances publiques en France

Société Tripalio

Decentralisation in NL in a glimpse

ddcentr

Decentralization in the Netherlands has transferred authority over public services from central government to local governments since the 1980s. This was intended to increase efficiency, effectiveness, and public participation. Recent decentralization has given municipalities control over social services including labor participation, services for people with disabilities, and youth care. However, municipalities now face challenges fulfilling these new responsibilities with reduced budgets and ensuring citizens continue receiving needed support and care. Ongoing issues include long wait times for care, lack of information for citizens, and ensuring proper funding of healthcare suppliers.

Similar to Item iva-future-prospects-and-effects-of-the-covid-19-pandemic-2020 (20)

Item vib-discussion-of-rising-subnational-debt-and-the-role-of-subnational-fi...

Are public financial management reforms yielding results in the Region? - Dun...

Fiscal transparency code and fiscal transparency assessment - Johann Seiwald,...

Gabriela Miranda

Ethiopian Government Accounting System.pptx

Cambodia, decentralization and deconcentration; progress and issues, august 2011

Summary of key findings - Tax Administration 2019

Roundtable on developments in budgeting - Gelardina PRODANI, Albania

The_impact_of_COVID_-_19_on_Collecting_of_Tax_Reve.docx

O programa de ajustamento económico para Portugal - Décima Primeira Revisão

OECD, 35th Meeting of Senior Budget Officials - Lars Ostergaard - Denmark

National budget-memorandum-no-138

Ipsasb panel ron_salole_en

33804110

Session Two B: Recent Developments In Intergovernmental Relations, Meeting 2019

Financial report as at 30 June 2020

Performance budgeting - Marine Camiade, France

Performance budgeting: United Kingdom experience, Julian Kelly, United Kingdom

Rapport 2022 du FMI sur les finances publiques en France

Decentralisation in NL in a glimpse

More from OECDtax

Convention multilatérale pour la mise en œuvre des mesures relatives aux conv...

Multilateral instrument for BEPS tax treaty measures - Overview

The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS will implement minimum standards to counter treaty abuse and to improve dispute resolution mechanisms while providing flexibility to accommodate specific tax treaty policies. It will also allow governments to strengthen their tax treaties with other tax treaty measures developed in the OECD/G20 BEPS Project. Version January 2023. Learn more about the BEPS MLI: https://oe.cd/mli

Presentation: Economic impact assessment of the Two-Pillar Solution (January ...

The OECD provided an update on its ongoing work to assess the economic impact of the Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy, including new estimates of the revenue impacts of implementing Pillar One and Pillar Two. These estimates are based on updated data and incorporate many recently agreed design features of Pillar One and Pillar Two, many of which have not been accounted for in other studies.

Tax Transparency in Latin America 2022

- Tax evasion and illicit financial flows hinder domestic resource mobilization in Latin America, with estimated revenue forgone of 6.1% of GDP. Due to non-compliance, tax authorities collect less than half of the revenues they should theoretically gather in several Latin American countries. - Latin American countries have strongly committed to tax transparency initiatives like the Punta del Este Declaration to tackle these issues. All Latin American members of the Global Forum are now signatories. - Progress has been made in building tax transparency capacities and infrastructure in Latin America, but more work remains to fully implement transparency standards, encourage automatic exchange of information, and advance the wider use of treaty-exchanged information.

Transparencia Fiscal en América Latina 2022

Will health spending and revenues be sustainable in the long-term?

This document discusses the sustainability of health spending and revenues for the Australian central government in the long term. Chart 1 shows projections of the fiscal position over time, with the primary balance and net interest expected to decline but remain in deficit by 2060-61. Chart 2 shows that health spending projections as a percentage of GDP have increased across intergenerational reports and are expected to continue rising. Chart 4 specifically focuses on rising health spending projections over time. The document raises the question of whether these spending levels can be sustained by the tax system into the future.

The Latest Progress of China’s Property Tax Reform

The document summarizes the latest progress of China's property tax reform, including four goals of the reform: 1) Balance central-local fiscal capacity and reduce dependency on land revenue, 2) Cope with real estate market speculation and promote financial stability, 3) Promote intensive land use and encourage long-term development, 4) Use taxation to mitigate income and wealth disparity. It then discusses property tax under the framework of common prosperity, highlighting the differences between existing property tax pilot programs in Shanghai and Chongqing. Finally, it suggests Zhejiang, Shenzhen, and Hainan as possible new areas for property tax pilots given their relevance to promoting common prosperity.

How do you assess your country’s response during the crisis?

The 17th Annual Meeting of the Network on Fiscal Relations Across Levels of Government featured a presentation by David Rowe from the U.S. Office of Management and Budget on state and local finances during the COVID-19 recovery. Rowe discussed federal legislation passed in response to the pandemic, current vaccination rates, and tensions between levels of government regarding vaccine requirements and COVID-19 mitigation policies.

Transparencia Fiscal en América Latina 2021: Informe de Progreso de la Declar...

Tax Transparency in Latin America 2021: Punta del Este Declaration Progress R...

This document summarizes progress on tax transparency and exchange of information in Latin America. It finds that while commitments to transparency have grown, with most countries signing the Punta del Este Declaration, capacity for exchange of information still varies significantly between countries. It also reports that exchange of information requests from Latin American countries have yielded over EUR 298 million in additional tax revenue from 2014 to 2020. Going forward, further technical assistance is needed to fully implement transparency standards and help countries make greater use of automatic exchange of information.

Transparence fiscale en Afrique 2021 : Rapport de progrès de l'Initiative Afr...

Tax Transparency in Africa 2021: Africa Initiative Progress Report

OECD Tax Talks #18 (4 March 2021)

As the COVID-19 crisis continues to affect people's lives and force governments to take action, the international tax agenda remains highly relevant. Work has continued throughout the crisis on the pressing issue of reaching a multilateral, consensus-based solution to the tax challenges arising from the digitalisation of the economy, and in other areas of the OECD's tax agenda. With a number of recent and upcoming developments in the OECD's international tax agenda, experts from the OECD Centre for Tax Policy and Administration gave an update on our work. Topics included: - Update on G20 - Tax and digitalisation update on Pillar One and Pillar Two - Tax policy - COVID-19 response – tax treaties and transfer pricing - BEPS implementation and tax transparency - Tax and crime Visit our website: http://oe.cd/taxtalks

Independent oversight bodies lessons from fiscal productivity and regulatory ...

This document summarizes an academic paper that discusses the rise of independent oversight bodies in fiscal policy, productivity, and regulation. It begins by noting the growing trend for governments to establish independent, non-partisan institutions to provide oversight and analysis to inform policymaking. However, some argue this replaces democracy with technocracy. The document then examines three types of independent bodies - independent fiscal institutions, independent productivity commissions, and regulatory oversight bodies. It provides examples from different countries and discusses key features like independence. In conclusion, it considers lessons learned and debates around technocratic approaches.

Item viiib-funding-devolved-government-in-the-uk-scotland-2020

Item viiia-investments-in-local-and-regional-sector-in-finland-2020

Item viib-global-ratings-view-on-global-lrg-indebtedness-2020

Item viia-funding-and-financing-of-local-government-public-investment-2020

Item va-fiscal-rules-for-subnational-governments-the-devil-in-the-details-2020

Item ivd-council-of-europe-background-document-16-annual-meeting-oecd-network...