Finance & Economics

IMF Executive Board Concludes 2017 Article IV Consultation with New Zealand

On May 3, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with New Zealand.

Since early 2011, New Zealand has enjoyed an economic expansion that has gained further broad-based momentum in...

Improving adult skills can help countries benefit from globalisation

In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains rather than negative economic and social outcomes, according to...

Mining Investment and Governance Review Aims to Improve Botswana’s Mining Sector

The World Bank Group has released its Mining Investment and Governance Review (MInGov) for Botswana to help the government improve the sector’s performance and to attract further investment.

World Bank Resumes Budget Support to Malawi

The World Bank Board of Executive Directors on May 4th approved an $80 million credit to the Malawi Government for general budget support. This is the first budget support financing approved by the World Bank for Malawi in four years.

OECD annual inflation slows to 2.3% in March 2017, driven by energy prices

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Fiji a crucial player in global fight against climate change, says new World Bank Resident Representative

The World Bank’s new Resident Representative for Fiji says the role Fiji is now taking on the global stage provides it with a huge opportunity in the coming years, particularly in leading the fight to address climate change.

IMF Reaches Staff-Level Agreement on the Second Review of Sri Lanka’s Extended Fund Facility

The staff-level agreement is subject to the completion of a prior action by the authorities and the approval of the IMF Executive Board, which is expected to be considered in June 2017

PPPs Vital to Improve Infrastructure Quality in Latin America

A new World Bank report launched on May 4th states, that Latin America and the Caribbean has significant potential to increase Public-Private Partnerships (PPPs) to help close its infrastructure gap. However, to achieve that the region should move...

New IMF Report Takes Stock of Brazil’s Fiscal Transparency Practices, Suggests Measures for Further Improvement

The International Monetary Fund (IMF) published a Fiscal Transparency Evaluation (FTE) report for Brazil today. This evaluation assesses Brazil’s fiscal transparency practices based on the IMF’s Fiscal Transparency Code, and was carried out at the...

For Middle East and North Africa Region, Reforms Can Refuel Growth Engines

Growth is slightly improving in the countries of the Middle East and North Africa region, largely driven by higher oil prices and improved export prospects, says the IMF's latest regional economic assessment.