Finance & Economics

OECD annual inflation picks up to 2.4% in November 2017

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Consumer Prices, OECD - Updated: 9 January 2018

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Source: Consumer price indices, OECD

Global Economy to Edge Up to 3.1 percent in 2018 but Future Potential Growth a Concern

The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from...

Road Deaths and Injuries Hold Back Economic Growth in Developing Countries

A new World Bank study, funded by Bloomberg Philanthropies, finds that reducing road traffic deaths and injuries could result in substantial long-term income gains for low- and middle-income countries.

IMF Executive Board Concludes 2017 Article IV Consultation with Papua New Guinea

On December 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Papua New Guinea.

IMF Executive Board Concludes 2017 Article IV Consultation with Argentina

On December 18, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Argentina.

Government and World Bank Sign New Agreement to Unlock Tourism Potential of Uttar Pradesh

The Government of India, the Government of Uttar Pradesh and the World Bank signed a $40 million loan agreement for the Uttar Pradesh Pro-Poor Tourism Development Project to increase tourism-related benefits for local communities, on December 28.

Making the Most of Demographic Change: Mozambique Economic Update

The second half of this year indicates the slowdown in Mozambique’s economic performance may be taking hold and shifting this once fast-growing economy to a more modest pace of growth, bringing economic growth down to a level barely above that of...

ACP-EU: leading sustainable economic development for local communities

MEPs and Members of the ACP call for sustainable economic development for the benefit of local communities.

At the 34th session of the Joint Parliamentary Assembly (JPA), which brought together African, Caribbean and Pacific (ACP) and European...

Togo’s Efforts to Improve Power Sector’s Performance Gets World Bank Support

The World Bank approved a $35 million (about FCFA20 billion) International Development Association (IDA) credit to support the country’s investments in the energy sector, on December 20.