EU plan to tackle root causes of migration should focus on the poor, MEPs say
An EU scheme to mobilise €44 billion in private sector investment in Africa and the EU’s neighbourhood should focus on the poor, said committee MEPs on Monday.
Communiqué of the Thirty-Fifth Meeting of the IMFC
The global economic recovery is gaining momentum, commodity prices have firmed up, and deflation risks are receding. While the outlook is improving, growth is still modest and subject to heightened political and policy uncertainties. Crisis legacies,...
Germany and IMF Strengthen Capacity Development Cooperation in Africa
The IMF welcomes Germany’s commitment to strengthening its collaboration with the IMF on capacity development. Wolfgang Schäuble, Germany’s Federal Minister of Finance and Christine Lagarde, Managing Director of the International Monetary Fund (IMF),...
Poland’s Economic Growth Accelerates, Says World Bank
Poland’s economic growth is expected to accelerate to 3.3 percent in 2017, compared to 2.8 percent in 2016, supported by stronger investment and consumption, according to forecasts published by the World Bank on Thursday. Growth is also expected to...
Economic Growth in Africa is on the Upswing Following a Sharp Slowdown
Economic growth in Sub-Saharan Africa is rebounding in 2017 after registering the worst decline in more than two decades in 2016, according to the new Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank...
Growth Returns to Latin America and Counter-Cyclical Policies Increase
In a positive development, today more than ever before, Latin American and Caribbean countries are pursuing counter-cyclical fiscal policies - spending more in bad times and saving in good times, according to a new World Bank semiannual report for the...
IMF Executive Board Concludes First Review under the Stand-By Arrangement for Jamaica
On April 14, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of Jamaica’s performance under the program supported by the Stand-By Arrangement (SBA), on a lapse of time basis. The 36-month SBA with a total...
Philippines: Development Partners Renew Commitment to Peace and Progress in Mindanao
Development partners reaffirmed commitment to helping the Philippines achieve long-lasting peace and progress in Mindanao as the long-running Mindanao Trust Fund-Reconstruction and Development Project (MTF-RDP) supporting peace and development in...
World Bank/Bolivia: More than 33,000 households will benefit from the Rural Partnerships II Project
The World Bank Board of Directors approved US$100 million in additional financing for productive rural partnerships, which will benefit nearly 33,500 households. In this new phase, the Rural Partnerships II Project (PARII) seeks to improve incomes of...
UN forum highlights importance of stronger partnerships for financing sustainable development
A family in Uvs Province, Mongolia, using a solar panel to generate power for their ger, a traditional Mongolian tent.
