Finance & Economics

IMF Executive Board Concludes 2018 Article IV Consultation with The Bahamas

On May 4, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with The Bahamas, on a lapse of time basis.

OECD CLIs continue to point to stable growth momentum in the OECD area

CLI500-05-18.fw__0_0.png

Trump Urges Quick NAFTA Resolution in Talks with Trudeau

U.S. President Donald Trump urged for a quick conclusion to a renegotiated North American Free Trade Agreement during a phone call Monday with Canadian Prime Minister Justin Trudeau.

The coalition headed by fiery anti-U.S. Shiite cleric Muqtada al-Sadr appears headed to victory in Iraq's parliamentary election. With nearly all the ballots counted, al-Sadr's Marching Toward Reform alliance was leading in six regions, followed by the g

The family-friendly policies introduced by Nordic countries over the past 50 years and associated increases in female employment have boosted growth in GDP per capita by between 10% and 20%, according to a new OECD report.

World Bank Group Releases its Systematic Country Diagnostic for South Africa

South Africa can achieve more inclusive and sustainable development with coordinated reforms across a broad range of areas that maximize development impact and address constraints to reduction in poverty and inequality, according to the World Bank...

World Bank Supports Croatia with the Preparation of the 2030 National Development Strategy

Minister of Regional Development and European Union (EU) Funds, Gabrijela Žalac, and World Bank Country Manager for Croatia, Elisabetta Capannelli, on May 11, signed a technical assistance reimbursable advisory services (RAS) agreement to support the...

Trump Vows Action to Ease Job Loss at Chinese Tech Giant

President Donald Trump says he is looking for a way to let a Chinese technology firm "get back into business fast" after a U.S. trade ruling severely crippled the company.

IMF Staff Completes Review Mission to Senegal

A staff team from the International Monetary Fund (IMF), led by Mr. Michel Lazare, visited Dakar from April 26 to May 11, 2018 and engaged in discussions as part of the sixth review of the IMF’s Policy Support Instrument (PSI) approved in June 2015....

Time to Shine: Introducing Armenia’s Solar Industry

Armenia has given its green light to the first large-scale solar power plant in the history of the country. The Government has issued the letter of award to a consortium of Fotowatio Renewable Venture B.V.(FRV) and FSL Solar of the Masrik-1 55 MW...

Officials from Europe and Central Asia Discuss a Stronger Role for Procurement Systems in Supporting National Development Priorities

Public Procurement specialists from across Europe and Central Asia met this week to share experiences and best-practices in reforming public procurement, with a special focus on innovative procurement systems that can support national development...