Finance & Economics

Ukraine: Economic Growth Depends on Reforms and Financing

Ukraine’s economy grew by 3.5 percent in the first half of 2018, supported by an early agriculture harvest and strong consumption growth from higher wages, pensions, and remittances, according to the World Bank’s latest Ukraine Economic Update....

Public Investment Boosts Growth in Western Balkans, Says World Bank

Growth for the Western Balkan region is estimated to strengthen to 3.5 percent for 2018, according to the latest Western Balkans Regular Economic Report, Higher but Fragile Growth. Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro,...

Philippine Economy to Remain Strong Despite Rising Global Uncertainty

Amidst rising global uncertainty and inflationary pressures, the Philippine economy is poised to remain strong and is projected to grow at 6.5 percent in 2018, 6.7 percent in 2019, and 6.6 percent in 2020, according to the Philippines Economic Update...

IMF Staff Completes Review Mission to Serbia

An International Monetary Fund (IMF) mission, led by James Roaf, visited Belgrade during September 24 – October 4, 2018, to hold discussions on the first review under Serbia’s Policy Coordination Instrument (PCI).

IMF Staff Concludes Visit to Pakistan

A staff team from the International Monetary Fund (IMF), led by Harald Finger, visited Islamabad from September 27-October 4, 2018 to discuss Pakistan’s economic situation and exchange views on necessary policies for economic stabilization and...

International Trade Secretary in South Korea discussing how to boost our bilateral trade after Brexit

International Trade Secretary, Dr Liam Fox is in South Korea this week to turbo charge talks on our future trading relationship after the UK leaves the EU - with or without a deal. As the 5th and 11th biggest economies in the world, he will also...

Tax Inspectors Without Borders making significant progress towards strengthening developing countries' ability to effectively tax multinational enterprises

An innovative international co-operation initiative that deploys qualified experts in developing countries to strengthen their ability to effectively tax multinational enterprises has achieved significant milestones over the past year, according to a...

IMF Staff Team Completes Mission to Côte d’Ivoire

An International Monetary Fund (IMF) mission led by Ms. Céline Allard visited Abidjan from September 19 to October 3, 2018 to hold discussions on the fourth review of the three-year economic and financial program supported by the IMF through...

Turkey: MEPs cut support by €70m due to no improvement in respect for EU values

Parliament on Tuesday decided to cancel €70 million in pre-accession funds earmarked for Turkey, as conditions to improve the rule of law were not met.

East Asia and Pacific Growth Remains Resilient Despite Heightened Global Uncertainty, World Bank Says

Despite a less favorable external environment, the growth outlook for developing East Asia and Pacific (EAP) remains positive, according to the latest World Bank economic report on the region. Growth in developing EAP is expected to be 6.3 percent in...