In Georgia, Blockchain Technologies Provide Significant Opportunity to Innovate, Improve Services for Citizens
With 5.0% growth in 2017, and a projection of 4.5% for 2018, Georgia should take full advantage of new digital technologies to innovate and improve its services, says a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia...
Countries in Europe and Central Asia Can Provide Better Opportunities and Services for Citizens by Leveraging Blockchain Technologies
With economic growth in Europe and Central Asia having peaked, following 2.7% growth in 2017 and a projection of 2.3% for 2018, countries in the region should take advantage of new digital technologies to innovate and improve their services, says a...
IMF Staff Concludes Visit to Burkina Faso
An International Monetary Fund (IMF) staff team led by Ms. Dalia Hakura visited Burkina Faso during May 2-4, 2018, to discuss recent economic developments and begin monitoring implementation of the authorities’ program which is supported by the...
EU Can Promote Economic Cohesion by Boosting the Potential of Its Lagging Regions
The ‘Rethinking Lagging Regions’ report, which examines convergence and disparity within the EU, highlights the danger of “low-growth traps”. Persistent inequalities at the regional level undermines opportunities for residents, contributing to higher...
OECD annual inflation nudges to 2.3% in March 2018
EU Budget 2021-2027: cuts to regional funds will weaken Europe's future, warns EU-wide coalition
Cohesion policy is the EU's most powerful investment tool and currently accounts for one-third of the EU budget but cuts proposed by the European Commission for the years 2021-2017 would reduce its share from 34% to 29%. Such reduction risks deepening...
IMF Executive Board Concludes 2018 Article IV Consultation with Malawi
On April 30, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Malawi. At the same time, the Board also approved a new three-year Extended Credit Facility Arrangement for Malawi and a press...
Major tax and benefits challenges face care workers, report finds
A new report highlights how care workers are losing out because of the confusing and unhelpful way in which their working arrangements and low pay interact with tax, welfare and minimum wage rules.
Child Marriage May Cost Ethiopia Billions of Dollars, Says New World Bank Report
Ethiopia’s economy could potentially lose billions of dollars annually due to child marriage, says a new report by the World Bank and the International Center for Research for Women, on May 3, which was launched together with the Ministry of Women and...
Charles Michel advocates a strong Europe that acts where it can add real value
Belgium’s Prime Minister Charles Michel debated the future of Europe with MEPs and and EU Commission President Jean-Claude Juncker on Thursday.
