To seize the opportunities of digitalisation, Southeast Asia needs to close the gap between Technology 4.0 and Policy 1.0
IMF Executive Board Concludes 2017 Article IV Consultation with the Kingdom of Bahrain
On June 5, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Kingdom of Bahrain.
Moldovans to Benefit from Modernization of Government Administrative Services
Moldovan citizens will be able to access more efficient, higher quality government administrative services, thanks to US$20 million in funding for the Modernization of Government Services Project, on August 22, approved by the World Bank’s Board of...
World Bank to Support China in Agricultural Land Pollution Control
The World Bank’s Board of Executive Directors on August 22, approved a $100 million loan to demonstrate a risk-based integrated approach to managing heavy metal pollution in agricultural land in China’s Hunan Province in support of the government’s...
IMF, AMF, AFESD and Government of Morocco To Host Regional Conference: “Opportunity for All—Promoting Growth, Jobs, and Inclusiveness in the Arab World”
The International Monetary Fund (IMF), Arab Monetary Fund (AMF), Arab Fund for Social and Economic Development (AFESD) and Government of Morocco will co-host a high-level conference in Marrakesh, January 29–30, 2018, on promoting higher economic...
Statement of an IMF Mission at the End of its Visit to Guinea
An International Monetary Fund (IMF) mission led by Giorgia Albertin visited Conakry from July 31 to August 15, 2017 to negotiate a new program that could be supported by an Extended Credit Facility (ECF).
Trend of converging working time across 28 EU Member States has stalled
The difference in working time between workers in the 28 EU Member States remains large and is especially marked between the ‘older’ 15 EU Member States and the 13 new Member States that joined the EU since 2004, according to new research from...
Myanmar and World Bank Sign Agreement for Budget Support to Accelerate Economic Changes Needed for Long-term Peace and Prosperity
The Republic of the Union of Myanmar and the World Bank today (August 18th) signed a US$200 million credit for a First Macroeconomic Stability and Fiscal Resilience Development Policy Operation. This is the first time Myanmar is receiving direct...
July 2017-Annual inflation stable at 1.3% in the euro area-EU stable at 1.5%
Euro area annual inflation was 1.3% in July 2017, stable compared with June 2017. In July 2016 the rate was 0.2%.
June 2017-Euro area international trade in goods surplus €26.6 bn-€7.1 bn surplus for EU28
The first estimate for euro area (EA19) exports of goods to the rest of the world in June 2017 was €187.2 billion, an increase of 3.9% compared with June 2016 (€180.2 bn). Imports from the rest of the world stood at €160.7 bn, a rise of 6.2% compared...