Finance & Economics

‘A Two-Speed Economy’: Mozambique Economic Update

Mozambique is increasingly a two-speed economy as extractives and mega projects drive growth, whilst other sectors lag behind, according to the third edition of the World Bank Mozambique Economic Update, released on July 31th.

World Humanities Conference: Challenges and Responsibilities for a Planet in Transition

Close to 1,800 participants from all over the world will seek to redefine the foundations, role and responsibilities of the humanities in contemporary society at the World Humanities Conference, which will take place in the city of Liège, Belgium,...

Project Signing: Government of India and World Bank Sign Agreement to Enhance Incomes for Over 200,000 Rural Households in Jharkhand

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China’s Cities to Provide More Mobility with Fewer Cars through GEF Grant

The World Bank’s Board of Executive Directors on July 27th, approved a grant of $32.73 million from the Global Environment Facility (GEF) to support China’s pilot project for transit-oriented development (TOD), an urban planning concept that...

Argentina: Further reforms are needed to boost sustainable and inclusive growth

Argentina is making progress in its path to advance its growth agenda. The first OECD Multi-dimensional Economic Survey of Argentina underlines the achievements to date of the government’s recent and comprehensive programme of macroeconomic and...

IMF Executive Board Concludes 2017 Article IV Consultation with the United States

On July 24, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United States.

World Bank Group, ITU and CPMI launch ‘Financial Inclusion Global Initiative’

A new global program to advance research in digital finance and accelerate digital financial inclusion in developing countries, the Financial Inclusion Global Initiative, has been launched by the World Bank Group, the International Telecommunication...

Slovenia is a valued Balkan aid donor and is improving its impact elsewhere

Slovenia has built up a sound development programme over the last 12 years, particularly in the Western Balkans, and should now work on tightening its focus in other regions in order to get the most impact from its aid contributions, according to a...

EU consumers show growing demand for cross-border online shopping, new survey reveals

The 2017 edition of the Consumer Conditions Scoreboard shows that more and more EU consumers are shopping online and that their trust in e-commerce has increased, in particular in buying online from other EU countries.

IMF Staff Completes 2017 Article IV Visit to Cambodia

An International Monetary Fund (IMF) team from Washington, D.C., headed by Mr. Jarkko Turunen, visited Phnom Penh and Sihanoukville from July 12 to 25, 2017, to conduct discussions on the annual Article IV review of the Cambodian economy. Mr. Markus...