Finance & Economics

IMF Staff Visit Discusses Reform Plans and Economic Developments in Ethiopia

A staff team from the International Monetary Fund (IMF), led by Sonali Jain-Chandra, visited Ethiopia for a technical staff visit with the Ethiopian authorities during June 13-17. The purpose of the staff visit was to discuss the authorities’ reform...

Belgium must continue reforms to sustain recovery and future growth

Belgium should intensify structural reform efforts to strengthen public finances and raise its economic potential as the war in Ukraine exacerbates fiscal and economic challenges and poses risks to the recovery.

World Bank approves loan to support in fiscal and green reforms in the municipality of Rio de Janeiro

The World Bank Board of Directors approved on June 16, the Rio de Janeiro Adjustment and Sustainable Development Policy Loan, a US$ 135.2 million disbursement to the Municipality of Rio de Janeiro with the goal to strengthen fiscal management to...

Act now to end food, energy and finance crisis, Guterres urges world leaders

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A family shares a meal in Yemen with food provided by the UN World Food Programme (WFP...

Japanese Life Insurance Companies Purchased World Bank Sustainable Development Bond to Support Holistic Approach to Climate Action

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) on April 26, issued an 8-year AUD 516 million Sustainable Development Bond due April 26, 2030.

Entrepreneurship, investment key to achieving SDGs and resilient post-pandemic recovery

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Dr. Hashim Hussein, Head of Investment and Technology Promotion Office at UNIDO,...

Boosting Labor Productivity in Sub-Saharan African Countries Could Bring Transformational Economic Benefits to the Region

A comprehensive agenda to boost worker output in Africa is vital for the continent’s post-pandemic recovery and long-term prosperity, as well as protection against the impacts of climate change, says a new World Bank report.

Boosting Labor Productivity in Sub-Saharan African Countries Could Bring Transformational Economic Benefits to the Region

A comprehensive agenda to boost worker output in Africa is vital for the continent’s post-pandemic recovery and long-term prosperity, as well as protection against the impacts of climate change, says a new World Bank report.

Better Targeting of Social Protection Programs can Significantly Reduce Poverty in Bangladesh

Social Protection Programs remain central to Bangladesh’s sustainable development policy and are progressively benefitting the poorer households. By improving targeting of the social protection programs, the country can further reduce poverty....

Sierra Leone’s Economy is Recovering from COVID-19 Contraction Although Uncertainties Persist

Sierra Leone’s economy is projected to recover from the COVID-19 contraction with real GDP expected to rebound by 3.0 percent in 2021, an upward revision of 0.8 percentage point relative to the 2020 forecast, according to the new World Bank Sierra...