World Bank Supports Serbia with Euro 225.7 Million
People working in Serbian public administration will get equal pay for the same work. Public enterprises such as EPS, Srbijagas and Serbian railways will lower their expenses and increase their revenues, while 70,000 households will benefit from...
Global Stocks Fall as Concerns Rise Over Trade, Brexit, & Facebook
Major U.S. and European stock indexes were sharply lower in Monday's trading over continuing fears of a trade war, Brexit, an upcoming U.S. Federal Reserve meeting and trouble with Facebook.
IMF Staff Completes Third ECF Review Mission for Afghanistan
An International Monetary Fund (IMF) team led by Christoph Duenwald visited Baku during March 8–16, 2018 to conduct discussions on the third review of Afghanistan’s economic program supported by a three-year IMF Extended Credit Facility (ECF)...
Timor-Leste: Lower Public Spending Leads to Slower Growth
After a decade of strong economic activity, growth in Timor-Leste is expected to have fallen sharply in 2017, following a tightening of public spending, according to a new World Bank report released on March 20th. The March 2018 Timor-Leste Economic...
IMF Staff Completes a Staff Visit to Cambodia
An IMF team led by Mr. Jarkko Turunen visited Phnom Penh from March 12 to 16, 2018, to conduct interim discussions on recent developments and Cambodia’s economic outlook.
Poland: Build on current economic strength to innovate and invest in skills and infrastructure
Poland’s economic growth remains strong. Rising family benefits and a booming jobs market are lifting household income while poverty rates and inequality are falling, says a new OECD report.
IMF Staff Completes 2018 Article IV Consultation Mission to Angola
An International Monetary Fund (IMF) team led by Ricardo Velloso visited Luanda from March 1-15, 2018, to conduct discussions for the 2018 Article IV consultation.
World Bank Group Statement on Open Trade
Trade is an engine of growth that creates jobs, reduces poverty and increases economic opportunity. After a protracted period of low growth, the global economy saw trade volumes grow by 4.3% in 2017, the fastest rate in 6 years.
IMF Reaches Staff-Level Agreement with Mali on 2018 Article IV Consultation and Eighth Review under ECF Arrangement
An International Monetary Fund (IMF) mission led by Boriana Yontcheva visited Bamako during March 12–16, 2018 to complete discussions on the eighth review of Mali’s economic and financial program supported by the Fund’s Extended Credit Facility (ECF...
IMF Executive Board Discusses Program Design in Currency Unions
On February 21, 2018, the Executive Board of the International Monetary Fund (IMF) discussed general guidance on the design of Fund-supported programs with members of the existing four currency unions—the Central African Economic and Monetary...
