Progress on gender equality far too slow
Countries need to do much more to close gender gaps worldwide, according to a new OECD report.
The Pursuit of Gender Equality: An Uphill Battle presents a stark call to action, highlighting that very little progress has been made since the 2012...
IMF Staff Team Completes Review Visit to the Central African Republic
An International Monetary Fund (IMF) team led by Samir Jahjah visited Bangui from September 22 to October 3 to conduct discussions on the third review of the program supported by an Extended Credit Facility (ECF). Mr. Roger Nord, Deputy Director of...
Commission reports on employment and social situation in the EU: record high employment rates and signs of improvement for the youth
Employment in the EU continues to grow at a consistent pace and in almost all Member States. Employment increased by 1.5 % in the EU and 1.6% in the euro area in the second quarter of 2017 compared tothe same period in 2016.There are 3.5 million and 2...
Myanmar's Economy is Projected to Pick Up Amid Downside Risks
Despite important risks, Myanmar’s economy is expected to recover this year, with growth rising from 5.9 percent in 2016 to 6.4 percent. Public and private investments in priority infrastructure services such as power and transportation are projected...
IMF Staff Team Completes Mission to Côte d’Ivoire
An International Monetary Fund (IMF) mission led by Dan Ghura visited Abidjan from September 19 to October 3, 2017 to hold discussions on the second review of the three-year economic and financial program supported by the IMF through arrangements...
Ukraine Needs Faster Growth of 4 Percent or More
Ukraine’s economy grew by 2.4 percent in the first half of 2017, following growth of 2.3 percent in 2016, according to the World Bank’s latest Ukraine Economic Update. While the resumption of growth is a positive development, this is a weak recovery...
Rethink tourism policy for sustainable and socially inclusive growth, says OECD as ministers meet
Governments need to rethink their tourism policies to encourage more diversity, reduce concentration in high-density destinations and put in place long-term strategies that are ecologically sustainable and socially inclusive, according to the OECD.
OECD Steel Committee sees tentative and vulnerable recovery amid excess capacity and market distortions
A modest recovery is under way in the global steel market but structural imbalances remain acute amid sluggish demand growth expected in the long-term demand, the OECD Steel Committee said at the end of its meeting this week.
Indonesian Economy Remains Robust, Faster Growth Needs Continued Reforms
A conducive external environment, sound fundamentals and progress on structural reforms are supporting the Indonesian economy. The country’s real GDP growth is projected to increase from 5.1 percent this year to 5.3 percent in 2018, according to the...
IMF Executive Board Reviews the Joint IMF-World Bank Debt Sustainability Framework for Low Income Countries
On September 27, 2017, the Executive Board of the International Monetary Fund (IMF) reviewed the joint IMF-World Bank Debt Sustainability Framework for Low-Income Countries (LIC DSF).
