Finance & Economics

IDA Aims to Boost Niger’s Economy, Support a Vibrant Private Sector

World Bank Group Vice President of Development Finance, Axel van Trotsenburg, on June 9th, met with government officials in Niamey to discuss opportunities for the country to access significantly higher levels of financing from the International...

IMF Staff Concludes Visit to Zambia

An International Monetary Fund (IMF) staff team led by Tsidi Tsikata visited Zambia during May 31-June 10, to continue discussions on the 2017 Article IV consultation and the authorities’ request for an IMF-supported program.

Moldova to Enhance Climate Adaptation Capacity, with World Bank Support

The World Bank’s Board of Executive Directors on June 9th, approved US$27.2 million in financing to the Republic of Moldova for the Climate Adaptation Project, which will help Moldovans to protect their farms, forests and pastures from climate change...

IMF Executive Board Concludes First Post-Program Monitoring Discussion with Cyprus

On June 7, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the first Post-Program Monitoring Discussion with Cyprus.

Jamaica: WB Approves US$70M to Support Fiscal Sustainability and Competitiveness

The World Bank Board of Executive Directors approved a US$70 million Development Policy Loan to support Jamaica’s efforts to improve the investment climate and sustain fiscal and public financial management, on June 8th.

IMF Executive Board Concludes 2017 Article IV Consultation with Bangladesh

On May 26, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV Consultation with Bangladesh, and considered and endorsed the staff appraisal without a meeting.

A Better Skilled Workforce is Essential to Boosting Ukraine’s Economy

Ukraine needs to improve people’s skills to boost productivity and make the country more competitive, according to a new World Bank report launched in Kyiv on June 8th. Skills for a Modern Ukraine says that not enough workers have the skills to match...

Reform services trade policies to boost the global economy, OECD says

Better services trade policy can stimulate inclusive economic growth by promoting access to the information, skills, technology, funding and markets needed for success in an increasingly digital global economy, according to a new OECD report.

IMF Staff Concludes Visit to Montenegro

An International Monetary Fund (IMF) mission, led by Martin Petri, visited Podgorica during May 31 – June 7, 2017, to continue discussions on the authorities’ fiscal consolidation strategy, initiated during the last Article IV mission.

Better but not good enough: New approaches are needed to make globalisation work for all, OECD says in latest Economic Outlook

The global economy is expected to pick up moderately but greater efforts are needed to ensure that the benefits from growth and globalisation are more widely shared, according to the OECD’s latest Economic Outlook.