Rohingya Crisis Growing, More Support Needed, World Bank Says
The Rohingya refugee crisis in southern Bangladesh is growing at a rapid pace and there is an urgent need to support the host communities to cope with the influx and to help the refugees who are extremely vulnerable, the World Bank said on January 20...
IRS Issues Additional Guidance on Transition Tax on Foreign Earnings
The Treasury Department and the Internal Revenue Service (IRS) provided additional guidance (Notice 2018-13) for computing the “transition tax” on the untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act...
World Bank CEO Expresses Support for Uzbekistan’s Ambitious Reforms
Ideal of creating a better future still inspires the EU, says Irish Taoiseach
The Taoiseach (Prime Minister) of Ireland Leo Varadkar kicked off a series of Future of Europe debates between EU leaders and MEPs on Wednesday.
Central Bank of Somalia and Somali Financial Institutions Take Crucial Steps to Modernize Banking Sector
The Central Bank of Somalia (CBS) and Somali Financial Institutions (SFIs) are taking crucial steps to modernize national payments systems. Supported by the World Bank, the CBS and private financial institutions are streamlining their efforts to...
OECD employment rate increases to 67.8% in the third quarter of 2017
IMF Executive Board Concludes 2017 Article IV Consultation with the Federal Democratic Republic of Ethiopia
On January 12, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Federal Democratic Republic of Ethiopia.
IMF Executive Board Concludes 2017 Article IV Consultation with Tonga
On January 17, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Tonga. The decision was made without a Board meeting.
Sustainability and transformation in the NHS
Additional funding, aimed to help the NHS get on a financially sustainable footing, has instead been spent on coping with existing pressures, according to the National Audit Office’s (NAO) report, published on Jan 19, 2018.
Economics Students Unite in Bangladesh to Explore Paths Toward One South Asia
The 14th South Asia Economic Students’ Meet (SAESM) commences in Chittagong, Bangladesh on January 18, embracing the arrival of over 110 top economics undergraduates and faculties from seven countries in South Asia towards the realization of a more...