Finance & Economics

Macroeconomic Stability in Lao PDR Amidst Uncertainty

Economic growth in Lao PDR is estimated at 6.5 percent in 2018, down from 6.9 percent in 2017, in part due to the adverse impact of the recent widespread floods. The construction of infrastructure, export of electricity, and service sector have been...

IMF Executive Board Concludes 2018 Article IV Consultation with the Republic of Belarus

On January 16, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Belarus.

The cyclical recovery of the Belarusian economy continues, with growth in the first three...

Member states jeopardising the rule of law will risk losing EU funds

Assisted by a panel of independent experts, the EU Commission would be tasked with establishing “generalised deficiencies as regards the rule of law” and decide on measures that could include suspending EU budget payments or reducing pre-financing....

Impact Investment needs global standards and better measurement

Social impact investment, which aims to improve well-being as well as earn a financial return, could be more effective if it were more clearly defined internationally with more measurable outcomes, according to a new OECD report.

Knowledge Exchange Program between World Bank and Parliamentarians of Nepal

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Building Defenses Against the Next Economic Downturn

The global economy faces a number of complex challenges from technological change and globalization, and the lingering effects of the 2008-9 financial crisis. At the same time, we are witnessing lower levels of trust in the core institutions that have...

Preferential tariffs to help Western Sahara to develop

On Wednesday, Parliament backed a proposal to lower tariffs in the territory of Western Sahara to the same level as Moroccan tariffs, to benefit local populations.

World Bank to Help Himachal Pradesh End Water Shortages in Shimla

The World Bank will help the Government of Himachal Pradesh (GoHP) bring clean and reliable drinking water to the citizens of the greater Shimla area, who have been facing severe water shortages and water-borne epidemics over the last few years.

OECD employment rate increases to 68.4% in the third quarter of 2018

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IMF Executive Board Concludes 2018 Article IV Consultation with Finland

On January 11, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Finland.