Finance & Economics

World Bank Group and IMF to Hold 2021 Annual Meetings in Marrakech, Morocco

The 2021 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place in Marrakech, Morocco, in October 2021, following a vote by the Boards of Governors of the two institutions.

Improving skills would drive job creation and growth in Spain

Spain should boost support for the unemployed and expand vocational education and training as part of a series of reforms to promote better skills utilisation and drive job creation and growth, according to a new OECD report.

UNHCR and OECD launch action plan to boost refugee employment

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Yara Al Adib serves a guest at the launch of her catering company’s first kitchen in Antwerp, Belgium.

Commodity prices to rise more than expected in 2018: World Bank

Oil prices are forecast to average $65 a barrel over 2018, up from an average of $53 a barrel in 2017, on strong demand from consumers and restraint by oil producers, while metals prices are expected to rise 9 percent this year, also on a pickup in...

IMF Staff Concludes 2018 Article IV Consultation to Tuvalu

An International Monetary Fund (IMF) team, led by Jongsoon Shin, visited Tuvalu from April 12–April 19, 2018 to conduct the 2018 Article IV Consultation. The team exchanged views with senior officials of the Tuvalu government, public enterprises and...

IMF Executive Board Concludes 2018 Article IV Consultation with the Dominican Republic

On April 11, 2018 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Dominican Republic, and considered and endorsed the staff appraisal without a meeting.

Wages could be £8,640 higher if Britain’s productivity matched the United States'

A new report released by the TaxPayers’ Alliance has revealed the shocking cost of poor productivity in Britain and its impact on wages on Apr 22, 2018. Since the great recession, advanced economies have all been suffering from weak productivity...

Record high remittances to low- and middle-income countries in 2017

Remittances to low- and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline, says the World Bank’s latest Migration and Development Brief.

African Consultative Group Meeting: Statement by the Chairman of the African Caucus and the Managing Director of the IMF

Governor Tarek Amer, Chairman of the African Caucus, and Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), co-chaired the African Consultative Group meeting at the IMF Headquarters, on April 22.

Reconstruction for Peace: Germany and World Bank Agree on New Strategic Partnership

The World Bank Group and the Government of Germany, on April 21, announced a strategic partnership to work towards a new and updated approach to reconstruction for peacebuilding in the Middle East and North Africa (MENA). The announcement was made...