IMF Staff Completes 2018 Article IV Mission to Nigeria
An International Monetary Fund (IMF) staff team led by Amine Mati visited Nigeria during December 6-20, 2017 to conduct the 2018 Article IV consultation.
IMF Executive Board Approves India’s 2017 Financial System Stability Assessment
On November 17, 2017, the Executive Board of the International Monetary Fund (IMF) discussed the Financial System Stability Assessment (FSSA) of India.
Tax Bill Sets the Stage for Huge Cuts in Programs for Low- and Middle-Income Families
On December 20, Bread for the World expressed disappointment over passage of the Tax Cuts and Jobs Act of 2017.
“This tax bill is part of a 1-2 punch,” said Rev. David Beckmann, president of Bread for the World. “President Trump and...
IMF Executive Completes First Review of the Extended Arrangement Under the Extended Fund Facility with Gabon and Approves US$ 101.1 Million Disbursement
On December 21, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of Gabon’s economic program supported by the three-year extended arrangement under the Extended Fund Facility.
IMF Staff Concludes Visit to the Bahamas
An International Monetary Fund (IMF) team led by Fabian Valencia visited the Bahamas from December 12 to 18, 2017, to review latest economic developments and lay the groundwork for the 2018 Article IV consultation (expected to take place in March 2018...
World Bank: Urban Planning Can Improve Quality of Life and Opportunities in Phnom Penh
Rapid urbanization in Phnom Penh in the past decade has created jobs and reduced poverty, improved urban planning, management, and infrastructure are needed to avoid further sprawl, congestion and pollution, says a new World Bank report.
Norway should strengthen its capacity to thrive in a changing world
The Norwegian economy is performing well, despite low oil prices. Further reforms will be needed to diversify the economy, improve public spending efficiency and ensure that the high levels of income, well-being and equality are passed on to future...
China Maintains Strong Growth and Reform Momentum, Says World Bank
Economic growth in China has remained strong in 2017, supported by rising household incomes and improving external demand. Growth is projected at 6.8 percent in 2017, exceeding initial expectations, according to the World Bank’s Update released on...
Brazil: Salvador Social project to improve health and education services
More than 3 million people living in the metropolitan area of Salvador, in Brazil’s Northeast, will benefit from a US$125 million loan approved by the World Bank Board of Executive Directors, on Decemberj 19. The Salvador Social Project will improve...
The War Against Illegal Tax Bills- Part 2
On December 18th , 2017, Tens of thousands of people gathered to attend the “Movement to stop the evil hands that manipulate Taiwan’s...
