France: Economy is expanding but reforms needed to maintain benefits and boost jobs
The French economy is expanding, the labour market is recovering – albeit gradually - while productivity and the standard of living remain generally high, according to a new OECD report. It adds that further reforms are now needed to maintain current...
Bhutan's Hydropower Sector Clouds Macroeconomic Prospects
The World Bank launched the Bhutan Economic Update, September 2017. The Bhutan Economic Update reports on and synthesizes recent economic developments and places them in a medium-term, and regional and global context. It analyzes the implications of...
IMF Staff Concludes Visit to Lebanon
An International Monetary Fund (IMF) team led by Mr. Chris Jarvis visited Beirut from September 7 to 13, 2017 to take stock of Lebanon’s economic and financial developments, assess the economic outlook, and discuss policy priorities.
Budget Cuts Could Reverse Progress on U.S. Poverty
New data released by the U.S. Census Bureau shows the poverty rate dropped from 13.5 percent in 2015 to 12.7 percent in 2016 (latest figures available). That means 2.5 million fewer people are living in poverty than 2015.
Countries are using tax policy to drive growth, reduce inequalities and promote behavioural change
Countries have continued the trend towards implementing tax policy reforms as part of wider strategies to boost growth, with a growing focus on reducing inequalities and driving behavioural change, according to a new report from the OECD.
Statement by IMF Deputy Managing Director Mitsuhiro Furusawa at the Conclusion of a Visit to Burkina Faso
● A new ECF arrangement in support of the country's economic and social development plan under discussion would aim to balance the scaling up of investment with maintaining macroeconomic stability.
African Leaders Unite to Modernize Hydromet Services
On September 12, the first African Ministerial Conference on Meteorology (AMCOMET) Africa Hydromet Forum opened its doors to over 500 African leaders from governments, public and private sector representatives, civil society, and development partners...
New Project to Tackle Youth Unemployment in Tunisia will Focus on Job Seekers and Job Creators
The World Bank on September 12, announced a new US$60 million project to help address the jobs challenge in Tunisia, with support for government efforts to better target employment programs and create more and better opportunities. The Tunisia Youth...
With Right Actions, Palestinian Economic Growth Could Rise to Seven Percent
The World Bank released a report on September 12, that calls for a new vision for the Palestinian economy that can lift growth to an average of 7 percent per year. While recognizing the critical importance of a political settlement, the report argues...
OECD unemployment rate stable at 5.8% in July 2017
