This newsletter contains information about work on competition law and policy in the Asia-Pacific region that is taking place within the framework of the OECD-Korea Policy Centre Competition Programme.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
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Papua New Guinea's tax-to-GDP ratio was 13.7% in 2017, below the OECD average (34.2%) by 20.5 percentage points, and also below the LAC and Africa (21)* averages (22.8% and 18.2%, respectively).
Today, Papua New Guinea signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (multilateral convention or MLI), becoming the 87th jurisdiction to join the Convention, which now covers over 1,500 bilateral tax treaties.
The OECD/Korea Policy Centre fosters the exchange of technical information and policy experiences relating to the Asia Pacific region in areas such as health statistics, pension reforms and social policy and expenditure.
The OECD is gathering input for the Stage 1 peer reviews of Brazil, Bulgaria, China (People's Republic of), Hong Kong (China), Indonesia, Papua New Guinea, Russian Federation and Saudi Arabia, and invites taxpayers to submit input on specific issues relating to access to MAP, clarity and availability of MAP guidance and the timely implementation of MAP agreements for each of these jurisdictions using the taxpayer input questionnaire.
The OECD and Papua New Guinea's Internal Revenue Commission agreed today to gear up efforts to tackle tax base erosion and profit shifting by multinational enterprises in Papua New Guinea, through participation in the OECD/UNDP Tax Inspectors Without Borders initiative.
This 2018 OECD Guide provides a comprehensive overview of the competition laws and practices of 22 selected jurisdictions in the Asia-Pacific region.
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The evaluation found that UNDP contributions have been important in terms of responding to national priorities and government needs. During the period covered by the evaluation, UNDP technical support to the government strengthened institutional development and enhanced policy formulation.
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The evaluation found that UNDP has made important contributions, helping the Government coordinate development assistance and integrate poverty reduction into its national development plan, strengthen local governance.