IMF Executive Board Concludes 2018 Article IV Consultation with Thailand
On May 21, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Thailand.
A cyclical recovery is underway in Thailand but has yet to become broad based. GDP growth is estimated at 3.9...
IMF Executive Board Concludes 2018 Article IV Consultation with Samoa
Samoa’s economy has shown resilience and continues to perform well. Growth remained robust at 2.5 percent in 2016/17, driven by commerce, services and agriculture. Inflation picked up to 1.3 percent in 2016/17, compared to close to zero in the...
IMF Executive Board Concludes 2018 Article IV Consultation and Completes Fourth Review under the Extended Arrangement Under the Extended Fund Facility with Sri Lanka, Approving US$ 252 Million Disbursement
On June 1, 2018, the Executive Board of the International Monetary Fund (IMF) completed the fourth review of Sri Lanka’s economic performance under the program supported by a three-year Extended Arrangement under the Extended Fund Facility (EFF)...
IMF Executive Board Completes Fifth Review Under the ECF Arrangement with Guinea-Bissau, Approves US$ 4.3 Million Disbursement, and Augments Access and Extends Arrangement
On June 1, 2018, the Executive Board of the International Monetary Fund (IMF) completed the fifth review of Guinea-Bissau’s performance under an economic program supported by an Extended Credit Facility (ECF) arrangement. The completion of the review...
OECD strengthens engagement with partner countries during annual Ministerial Meeting
The OECD took steps to deepen its engagement with Thailand, South Africa and Peru during the Organisation’s annual Ministerial Meeting and announced it will open an office in Istanbul to provide a base for its growing work with partner countries.
IMF Executive Board Concludes 2018 Article IV Consultation with Algeria
On May 30, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Algeria.
Algeria continues to face important challenges posed by the fall in oil prices four years ago. Despite a sizeable...
Project Signing: Government of India and World Bank Sign $500 Million Additional Financing Project for All-Weather Rural Roads Using Green Technologies
The agreement for the Project was signed by Sameer Kumar Khare (right), Joint Secretary, Department of Economic...
Kazakhstan’s Transition to New Growth Model Remains Urgent, Despite Recovery in Oil Prices, says World Bank
Projected real GDP growth for Kazakhstan in 2018 has been revised upward, from 2.6 percent to 3.7 percent, due to better-than-expected oil prices and output, according to the spring edition of the Kazakhstan Economic Update. While the recovery in...
Statement by President Tajani on US steel and aluminium duties
“I am very disappointed with the US decision to impose duties on steel and aluminium imports from Europe. These are unilateral and unjustified measures that will do serious harm to workers, industry and consumers on both sides of the Atlantic.
US Tariffs on Steel and Aluminium: Statement of Trade Committee Chair
The Chairman of International Trade Committee of the European Parliament Bernd Lange (S&D, Germany) issued the following statement on the new US tariffs.