MDBs Increase 2016 Financing to Tackle Climate Challenge
The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to $27.4...
CMA accepts Wood Amec remedy proposals
European Energy Union: make it a triple win, says European civil society
Vietnam can benefit more from global value chains: World Bank report
Higher value added activities and boosting linkages between domestic firms with foreign markets and investors can help Vietnam move up global value chains, says two new World Bank Group reports.
IMF Executive Board Concludes 2017 Article IV Consultation with Serbia
On August 30, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Serbia and completed the seventh review of Serbia’s economic performance under the Stand-By Arrangement (SBA).
Composite leading indicators continue to point to stable growth momentum in the OECD area
World Bank Visits Slavonia to Identify Growth Constraints
A World Bank team, led by the new Country Manager, Elisabetta Capannelli is undertaking a visit to Slavonia to discuss the region’s growth potential. The team members will meet some of the key stakeholders contributing to the region’s development to...
IMF Executive Board Completes Fourth Review Under the ECF, Approves US$94.2 Million Disbursement and Program Extension; and Concludes 2017 Article IV Consultation with Ghana
The Executive Board of the International Monetary Fund (IMF) on September 6, completed the fourth review of the arrangement under the Extended Credit Facility (ECF). Completion of the fourth ECF review enables the disbursement of SDR 66.42 million (...
World Bank Offers Support to Respond to Hurricane Irma
Since 1980, nine countries in the Caribbean experienced a disaster event with an economic impact of over 50 percent of their annual GDP: Antigua and Barbuda, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Saint Lucia and Saint Kitts...
World Bank lays out options for accelerated Pacific Island growth
On September 7, the World Bank laid out a series of options to accelerate economic growth in the Pacific region to create more than 500,000 new jobs and increase incomes by more than 40 percent for people in most Pacific Island countries by 2040.