August 2017 - Euro area unemployment at 9.1% - EU28 at 7.6%
The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in August 2017, stable compared to July 2017 and down from 9.9% in August 2016.
IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program
A staff team from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 18-29, 2017 to hold discussions on the third review of the Sri Lankan authorities’ economic program that is being supported by a three-year...
Board Approves over $20 Million for Seychelles’ Sustainable Fisheries and Marine Resources Conservation
On September 29, the World Bank approved a package of over $20 million for the Republic of the Seychelles to improve the conservation of its marine resources and expand seafood value chains.
IMF Staff Completes 2017 Article IV Visit to Sudan
A team from the International Monetary Fund (IMF) led by Daniel Kanda visited Khartoum from September 13–September 26 to hold discussions on the 2016 Article IV Consultation with Sudan. At the conclusion of the visit
Trump Calls New Republican Tax Proposal a 'Middle-class Miracle'
President Donald Trump announced a Republican tax reform plan Wednesday, intended to provide a "middle-class miracle" for many Americans and with changes to relieve corporations from what the White House called a "punitive" system.
Korea Institute of Science and Technology, Four African Universities Partner to Advance Science and Technology Research
The Korea Institute of Science and Technology (KIST) has signed new agreements with four premier African universities to propel their research and PhD programs in applied sciences and technology. The agreements were announced at a workshop organized...
IMF Staff Completes 2017 Article IV and First Review under the ECF Visit to Benin
A staff team from the International Monetary Fund (IMF) led by Norbert Toé, Mission Chief for Benin, visited Cotonou from September 13 to 27, 2017 to conduct discussions on the 2017 Article IV consultation and the first review under the Extended...
Targeted Interventions Needed to Deliver More and Better Jobs for North Lebanon
Addressing the employment gap in North Lebanon requires a comprehensive approach that targets both the private sector and the workers, according to a new World Bank report entitled “Jobs for North Lebanon – Value Chains, Labor Markets, Skills and...
Lao PDR Self-Assessment to Strengthen Public Financial Management Reforms
Lao PDR’s Ministry of Finance launched a review of its expenditure, as part of its continued reforms towards more efficient use of public resources, on September 27.
World Bank supports the Eastern Caribbean Transition to a Blue Economy
The World Bank approved a US$6.3 million grant to support Eastern Caribbean countries to preserve and strengthen resilience of coastal and marine resources, and implement regional policies to stimulate blue growth.
