World Bank Group Supports Vietnam to Tackle Non-Performing Loans, Improving Economic Prospects
The World Bank Group is supporting Vietnam to make further progress in resolving non-performing loans, strengthening the banking sector to ensure efficient and effective allocation of capital for economic growth and job creation.
World Bank Study: Entrepreneur Training Focused on Mindset Proves More Effective Than Traditional Business Skills in West Africa
New World Bank study, jointly released with the National University of Singapore Business School, and Leuphana University reveals, on September 22, that psychology-based entrepreneur training programs are outperforming traditional business trainings...
Heads of UN and World Bank Announce Initiative to Ramp Up Finance for Climate Action
United Nations Secretary General António Guterres and World Bank Group President Jim Yong Kim, on September 20, announced plans to accelerate the flow of finance for climate action through a new platform dedicated to identifying and facilitating...
IMF and the Swiss National Bank Sign SDR 500 million Borrowing Agreement to Support Lending to Low-Income Countries
The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), and the Swiss National Bank have signed a borrowing agreement through which Switzerland will provide up to SDR 500 million (about US$712.4 million) in...
IMF and the National Bank of Belgium Sign SDR 350 million Borrowing Agreement to Support Lending to Low-Income Countries
The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), and the National Bank of Belgium have signed a borrowing agreement through which Belgium will provide up to SDR 350 million (about US$498.7 million) in...
Changes in Technology and Trade Disrupting Manufacturing-Led Development
Advances in technology and changing trade patterns are affecting opportunities for export-led manufacturing. Smart automation, advanced robotics and 3-D printing are new factors influencing which locations are attractive for production. While these...
IMF Staff Completes Review Mission to Senegal
A staff team from the International Monetary Fund (IMF), led by Mr. Ali Mansoor, visited Dakar from September 7-19, 2017 and engaged in discussions as part of the fifth review of the IMF’s Policy Support Instrument (PSI) approved in June 2015 .
IMF Staff Concludes Visit to Serbia
An International Monetary Fund (IMF) mission, led by James Roaf, visited Belgrade during September 13-19, 2017 to initiate discussions on the 2018 budget and discuss progress in the implementation of structural reforms.
IMF Staff Completes 2017 Article IV Mission to Papua New Guinea
An International Monetary Fund (IMF) staff team, led by Mr. Scott Roger, visited Port Moresby during August 31–September 14 for the 2017 Article IV consultation.
Powerful global coalition to boost equal pay for women at work - New initiative will support innovative and effective equal pay policies and practices around the globe
One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC).
