Finance & Economics

Flash estimate - August 2017-Euro area annual inflation up to 1.5%

Euro area annual inflation is expected to be 1.5% in August 2017, up from 1.3% in July 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.

Over 6,30,000 Students are Expected to Benefit from a New Higher Education Project in Odisha, India

The World Bank will support the government in improving the quality, equity and governance of higher education institutes in the Indian state of Odisha.

July 2017-Euro area unemployment at 9.1%-EU28 at 7.7%

The euro area (EA19) seasonally-adjusted unemployment rate was 9.1% in July 2017, stable compared to June 2017 and down from 10.0% in July 2016. This is the lowest rate recorded in the euro area since February 2009.

Mexico should continue its overhaul of telecoms and broadcasting

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Over 500,000 Farming Households Expected to Benefit from New Agri-Business Project in Assam, India

The World Bank will support the Government of Assam to facilitate agri-business investments, increase agriculture productivity and market access, and enable small farm holders produce crops that are resilient to recurrent floods or droughts in the...

Poverty Declined Between 2004-05 and 2015 in Myanmar: New Joint Myanmar-World Bank Report

Poverty in Myanmar continues to decline, falling from 32.1 percent to 19.4 percent in the 10 years up to 2015, while standards of living overall have improved with average household spending increasing annually by 1.4 percent, says a new report...

IMF Executive Board Concludes 2017 Article IV Consultation and Completes Seventh Review of Serbia’s Stand-By Arrangement

The Executive Board of the International Monetary Fund (IMF) on August 30th, completed the seventh review of Serbia’s economic performance under the Stand-By Arrangement (SBA). The completion of the review will make available an additional SDR 54.565...

Government of Fiji, World Bank Group Strengthen Partnership

The government of Fiji and the World Bank Group on August 30th, signed an agreement that will support deepened cooperation through a larger, more established presence in Suva, which will act as a hub for the development bank’s operations across the...

UK government committed to maximising economic opportunity in North Sea

New Energy Minister Richard Harrington has told oil and gas leaders they have the ‘full support’ of the UK government in maximising the economic opportunity in the North Sea during his first visit to the region in his new ministerial post.

IMF Staff Concludes Visit to Cameroon

An International Monetary Fund (IMF) staff team, led by Corinne Deléchat, visited Yaoundé during August 22–29, 2017 to review recent economic developments and discuss the 2018 budget and medium-term budget framework.