Private Investment in Infrastructure in Developing Countries Showed Signs of Recovery in 2017ccc
Multi-billion dollar projects, more target countries, and more government support fueled a 37 percent rebound in private sector investment in developing-country infrastructure projects, says the World Bank’s 2017 Annual Update of the Private...
Costa Rica: Restore fiscal sustainability and make growth more inclusive
Costa Rica has made impressive economic and social progress in recent years, with robust economic growth facilitating near-universal access to education, health care and pensions. Restoring the sustainability of public finances and implementing...
IDA Makes Historic Capital Market Debut with Inaugural US$1.5 Billion Benchmark Bond: First IDA bond nearly five times oversubscribed
The International Development Association (IDA, rated Aaa/AAA), on April 17, made its debut in the capital markets, joining a select group of top-tier supranational issuers with an inaugural benchmark bond that raised US$ 1.5 billion on the back of an...
IMF Staff Completes Mission for the 2018 Article IV Consultation and Second Review of Georgia’s Extended Fund Facility
An International Monetary Fund (IMF) team led by Mercedes Vera Martin visited Tbilisi from April 2-16 to conduct the 2018 Article IV consultation and the second review of Georgia’s economic program supported by the IMF’s Extended Fund Facility (EFF)...
World Bank Issues Its First Hong Kong Dollar Green Bond
The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA), priced its first ever green bond denominated in Hong Kong dollars (HKD) and the first green bond ever issued by a supranational issuer in Hong Kong SAR, China...
OECD employment rate increases to 68% in the fourth quarter of 2017
EIB’s agriculture and bioeconomy programme loan under Juncker Plan will support close to EUR 1bn of private investment across Europe
The European Investment Bank (EIB), the EU bank, on April 16th, announced the launch of a new financing initiative that aims to unlock close to EUR 1bn of investment in the agriculture and bioeconomy sector. Bioeconomy encompasses the value chains of...
Investment Plan for Europe: €640 million for Greek businesses as EIF and National Bank of Greece sign new EU guarantee agreements
The European Investment Fund (EIF) and the National Bank of Greece (NBG)have signed three guarantee agreements worth €640 million to improve access to finance for small and medium‑sized enterprises (SMEs) in Greece. These agreements benefit from the...
Austria’s investment outlook: economy well on track, according to annual “EIB Survey on Investment and Investment Finance” (EIBIS)
Austria is a structurally sound economy with a high quality of infrastructure and capital. Post-crisis, investment activity recovered faster than for the EU as a whole, powered most recently by investment in machinery and equipment. R&D investment...
The Netherlands and World Bank sign US$580 million agreement for Sint Maarten’s Recovery and Resilience Post Irma
The State Secretary for the Interior and Kingdom Affairs of the Netherlands, Raymond Knops, on April 16th, signed an agreement with World Bank’s Chief Executive Officer Kristalina Georgieva in the presence of Sint Maarten Prime Minister Leona M....