IMF Staff Completes Second Review Mission of the Precautionary and Liquidity Line for Morocco
An International Monetary Fund (IMF) staff team led by Nicolas Blancher visited Morocco from June 29 to July 10, 2017 to conduct discussions with the Moroccan authorities on the second review under the Precautionary and Liquidity Line (PLL)...
The Visible Impacts of the Syrian War May Only be the Tip of the Iceberg
A new World Bank report estimates that as of early 2017, the conflict in Syria has damaged or destroyed about a third of the housing stock and about half of medical and education facilities, and led to significant economic losses. A key finding of the...
Mozambique: Paving the Way towards Sustainable Forests
On July 10th, the World Bank and the Food and Agriculture Organization (FAO) signed the $6 million agreement to support the Government of Mozambique in its efforts to strengthen the sustainable management of its forest sector, promote good governance...
IMF Managing Director Christine Lagarde Urges Action to Strengthen Global Growth and Build Inclusive Economies
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement at the conclusion of the Group of 20 (G20) Summit in Hamburg, Germany
New World Bank Group Facility to Enable more than $1 billion for Women Entrepreneurship
On the occasion of the G20 leaders’ summit, the World Bank Group on July 8th, announced the creation of an innovative new facility that aims to enable more than $1 billion to advance women’s entrepreneurship and help women in developing countries gain...
IMF Executive Board Completes Seventh Review under the ECF Arrangement for Mali, Approves US$43.96 Million Disbursement, and Augments Access and Extends Arrangement
On July 7, 2017, the Executive Board of the International Monetary Fund (IMF) completed the Seventh Review of Mali’s performance under an economic program supported by an Extended Credit Facility (ECF) arrangement.
Lao PDR to Strengthen Resilience to Natural Disasters and Improve Water Resources Management
Lao PDR is taking steps to lessen the impact of natural disasters and will continue to improve the country’s national water resources management systems, in partnership with the World Bank. The World Bank’s Board of Executive Directors approved...
EU auditors to examine broadband policy
The 2010 Digital Agenda for Europe envisaged bringing basic broadband to all Europeans by 2013 and ensuring fast broadband coverage for all Europeans by 2020, as well as having over 50% of households subscribe to ultra-fast broadband by 2020.
IMF Executive Board Discusses Increasing Resilience to Large and Volatile Capital Flows—The Role of Macroprudential Policies
On June 28, 2017, the Executive Board of the International Monetary Fund (IMF) discussed a staff paper on “ Increasing Resilience to Large and Volatile Capital Flows: the Role of Macroprudential Policies. ”
Scottish economy returning to growth
Responding to the Scottish GDP figures published on July 5th, which show 0.8 per cent growth in the Scottish Economy in 2017’s first quarter
