Finance & Economics

World Bank Vice President Visits Uzbekistan, Encourages Authorities to Maintain Impressive Pace and Scope of Reforms

World Bank Vice President for Europe and Central Asia Cyril Muller reconfirmed the World Bank Group’s strong commitment to support Uzbekistan as it goes through a major economic and social transformation, and encouraged Uzbek authorities to maintain...

IMF Executive Board Concludes Article IV Consultation with Guyana

On June 15, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guyana and considered and endorsed the staff appraisal without a meeting.

IMF Staff Concludes Visit to Nigeria

An International Monetary Fund (IMF) staff team led by Amine Mati, Senior Resident Representative and Mission Chief for Nigeria, visited Nigeria from June 27 to July 9, 2018 to discuss recent economic and financial developments, update macroeconomic...

Myanmar Intensifies Economic Policy Reform Agenda to Address Emerging Risks and Achieve Inclusive, Sustained Growth

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Cambodia and World Bank Join Forces to Improve Higher Education and Connectivity

The government of Cambodia and the World Bank, on July 12, signed agreements signaling the start of the implementation of two key investment projects, one seeking to improve higher education for industrial development, and the other one focused on...

IMF Staff Concludes Visit to Barbados

At the request of the newly elected Government of Barbados, an International Monetary Fund (IMF) team led by Bert van Selm visited Bridgetown July 2–12, for discussions on IMF financial support for the Government of Barbados’s Economic Recovery and...

Economic Outlook for Côte d’Ivoire: Robust growth under the looming threat of climate change impacts

According to the Economic Update for Côte d’Ivoire, published on July 12, the short- and medium-term outlook for the Ivorian economy remains positive. The economy is expected to maintain a steady trajectory, with GDP growth of 7 to 7.5% in the coming...

IMF Executive Board Completes Third Review of Extended Credit Facility Arrangement for Madagascar and Approves US$44.25 Million Disbursement

The Executive Board of the International Monetary Fund (IMF), on July 11, completed the third review under the Extended Credit Facility (ECF) Arrangement for Madagascar. The completion of this review enables the disbursement of SDR 31.43 million (...

OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms

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New World Bank Report Highlights What It takes to Build a Robust Palestinian Startup Ecosystem

A new World Bank report "Tech startup ecosystem in West Bank and Gaza" finds that while the Palestinian startup ecosystem is at its early-stage and still maturing, it has highly educated founders and one of the highest rates of female entrepreneurs...