Finance & Economics

Mongolia: New Project to Deliver Reliable Electricity and Scale-Up Renewables

In the context of rapidly growing energy demands, a new project will support Mongolia’s efforts to improve the reliability and sustainability of electricity services.

G20 GDP growth stable at 0.9% in first quarter of 2017

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IMF Staff Concludes Visit to Benin

A staff team from the International Monetary Fund (IMF), led by Norbert Toé, visited Benin from June 7–14, 2017, to review recent economic and financial developments and discuss program implementation ahead of a formal review slated for later this...

New Zealand: Boost productivity and adapt to the changing labour market

The New Zealand economy continues enjoying a strong, broad-based expansion, driven by booming tourism, high net inward migration, solid construction activity and supportive monetary policy. Policymakers must remain vigilant, however, against high...

IMF Managing Director Christine Lagarde to Propose Approval in Principle of New Stand-By Arrangement for Greece

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement on Greece in Luxembourg on June 15th

Bhutan and World Bank Group Strengthen Partnership for Sustainable and Inclusive Development

The Royal Government of Bhutan and the World Bank Group (WBG) agreed to strengthen their partnership in support of sustainable and inclusive development, including creation of more and better jobs. They assessed the progress of their ongoing...

Assam to Strengthen its Public Finance Institutions under New World Bank Project

The World Bank will support the Indian state of Assam in its efforts to utilize public resources more efficiently through better management of its finances, increase efficiency in the tax administration as well as improve the transparency and...

OECD unemployment rate stable at 5.9% in April 2017

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IMF Staff Completes 2017 Article IV Visit to the Federated States of Micronesia

An International Monetary Fund (IMF) staff team led by Serkan Arslanalp visited Pohnpei from June 5-14, 2017, to hold discussions for the 2017 Article IV Consultation. The team held constructive discussions with officials of the national government,...

ADB, World Bank Group Ready to Help Pacific Island Countries Maximize Benefits from Increased Trade, Investment

The Asian Development Bank (ADB) and the World Bank Group are ready to help Pacific island countries maximize benefits from increased trade and investment across the region.