Finance & Economics

OECD unemployment rate stable at 5.6% in November 2017

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Government of Tajikistan and World Bank Sign New Project to Improve Irrigation and Food Security

The Government of Tajikistan and the World Bank on January 16, signed a US$16.5 million grant agreement for the Zarafshon Irrigation Rehabilitation and Management Improvement Project aimed at rehabilitating and improving irrigation management in...

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Composite leading indicators continue to point to stable growth momentum in the OECD area

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Composite Leading Indicators (CLI), OECD, January 2018

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Philippines: Additional Funding to Boost Rural Development

The World Bank’s Board of Executive Directors has approved US$ 170 million of additional financing for the Philippine Rural Development Project (PRDP), designed to boost rural incomes and reduce poverty in the country.

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IMF Executive Board Completes Third SCF and Eighth PSI Reviews for Rwanda, Approves US$25.8 Million Disbursement Under the SCF, and Extends the PSI

The Executive Board of the International Monetary Fund (IMF) on January 12, approved the extension of the Policy Support Instrument (PSI) for Rwanda to December 1, 2018 and completed the eighth review of Rwanda’s performance under the PSI and the...

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Federal Energy Regulatory Commission Denies FirstEnergy’s Request To Transfer Pleasants Plant Ownership

On January 12, the Federal Energy Regulatory Commission (FERC) denied Ohio-based FirstEnergy’s request to transfer ownership of the Pleasants power plant to Mon Power, one of FirstEnergy’s regulated West Virginia utilities.

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Philippines: Additional Funding to Boost Rural Development

The World Bank’s Board of Executive Directors has approved US$ 170 million of additional financing for the Philippine Rural Development Project (PRDP), designed to boost rural incomes and reduce poverty in the country.

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Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017

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World Bank Rwanda Economic Update: Rethinking Urbanization

Rwanda’s growth slowed from mid-2016 to mid-2017, bottoming out at 3.4 percent, but is expected to recover to 5.2 percent for the second half of 2017, and may well accelerate in 2018 and 2019 as private and public investment pick up and agriculture...

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