WASHINGTON, DC – OCTOBER 9: In this handout provided by the International Monetary Fund (IMF), IIMF/World Bank Annual Meetings hosts the Program of Seminars: Taxing Times with panelists: Christine Lagarde (L), Managing Director, IMF; Alan Auerbach (2nd R), Robert D. Burch Professor of Economics and Law, University of California, Berkeley; Maria Kiwanuka (3rd L), Minister of Finance, Uganda; Fernando Aportela Rodriguez (3rd R), Minister of Finance, Mexico; Pravin Jamnadas Gordhan (2nd L), Minister of Finance, South Africa and moderator: Tom Keene (R), Editor-at-Large, Bloomberg Television and Radio October 9, 2013 at the IMF Headquarters in Washington, DC. The report said that emerging-market governments were at economic risk.

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