Bangladesh and World Bank Partner together to Strengthen E-governance and Improve Dhaka's Air Quality
The government of Bangladesh on April 18th, signed two additional financing agreements totaling $74 million with the World Bank to improve the country’s e-government services across its agencies, as well as improve air quality of Dhaka city.
IMF Reaches Staff-Level Agreement for Completion of First Review of Tunisia’s Extended Fund Facility
An International Monetary Fund (IMF) mission led by Mr. Björn Rother visited Tunis from April 7 – 18, 2017, to conduct the first review of Tunisia’s economic program supported by the four-year IMF Extended Fund Facility (EFF) approved in May 2016.
Sustaining Reforms Key for Economic Recovery in the Middle East and North Africa
Plagued by war, violence, and low oil prices, economies in the Middle East and North Africa (MENA) region will see growth of 2.6 percent in 2017, down from 3.5 percent in 2016, according to the World Bank’s semi-annual MENA Economic Monitor launched...
South Asia Could Potentially Benefit from Globalization Backlash
Possible protectionism in advanced economies should not deter export-oriented growth in South Asia, a region that could even benefit from the backlash against globalization, a new World Bank report said on April 16th. The report also confirms that...
IMF Staff Completes Visit to Tanzania
A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Tanzania from April 3-13, 2017 and held discussions with the authorities on the sixth review under the Policy Support Instrument (PSI) program that was approved on...
World Bank Approves $102 Million in Financing to Help Vietnam Improve Energy Efficiency in Industrial Sector
The World Bank’s Board of Executive Directors on April 14 approved a $102 million loan to the government of Vietnam to support the effort of industrial enterprises to adopt energy-efficiency technologies and practices.
Nigeria: World Bank Approves $150 Million to Enhance Mining Sector Contribution and Support Economic Diversification
The World Bank’s Board approved a $150 million credit to enhance the contribution of the mining sector to the Nigerian economy on April 14. The project will help establish a strong foundation for mining sector development and enhance competitiveness...
World Bank: Growth in East Asia & Pacific Likely to Remain Resilient
The outlook for developing East Asia is expected to remain broadly positive in the next three years, driven by robust domestic demand and a gradual recovery in the global economy and commodity prices, according to a new World Bank report. Poverty in...
IMF Staff Concludes Visit to The Gambia
An International Monetary Fund (IMF) mission, led by Mr. Ulrich Jacoby, visited Banjul from March 30 to April 12, 2017. The mission assessed the impact of exogenous shocks that have hit the Gambian economy recently and initiated discussions on...
OECD employment rate increases to 67.2% in the fourth quarter of 2016
