Latvia Needs Improved Tax System to Deliver Better Services to Its Citizens, Says World Bank
If Latvia wants to meet the rising expectations among its citizens for better public services, such as health, education and transportation, it should consider increasing revenues through improving its tax system, according to the World Bank.
IMF Staff Concludes Visit to Kenya
A team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from April 3 to 13, 2017, to conduct Article IV consultations and hold discussions on the second reviews under a precautionary Stand-By Arrangement and a Stand-...
World Bank Approves $375 Million to Help India Develop its First Modern Waterway
The World Bank will support India as it sustainably develops its first modern inland water transport fairway on a 1,360 km-stretch of the Ganga river between Varanasi and the seaport of Haldia, bringing thousands of jobs in cargo logistics and...
Japan: Boost employment and productivity to promote inclusive growth and meet demographic challenges
Kenya’s Economic Outlook to Dip in 2017
Kenya’s GDP growth is projected to decelerate to 5.5%, a 0.5 percentage point mark down from the 2016 forecast, according to the World Bank’s Kenya Economic Update (KEU) released in Nairobi on April 12th.
IMF Staff Concludes the Fifth and Final Review under the Extended Fund Facility Arrangement and the 2017 Article IV Visit to Armenia
An International Monetary Fund (IMF) team led by Hossein Samiei visited Yerevan during March 29–April 12 to conduct discussions for the Fifth and Final Review under the Extended Fund Facility (EFF) arrangement and the 2017 Article IV consultation.
World Bank Board Approves US$ 116.20 Million Project to Strengthen Capacity of Urban Bodies in Madhya Pradesh, India
The World Bank Board on April 12, approved a US$116.20 million loan for the Madhya Pradesh Urban Development Project to strengthen the financial and administrative capacity of the Madhya Pradesh Urban Development Company Ltd (MPUDC). MPUDC will serve...
IMF Staff Completes the Fourth PSI Review Visit to Senegal
A staff team from the International Monetary Fund (IMF), led by Mr. Ali Mansoor, visited Dakar from March 30 through April 12, 2017, to engage in discussions as part of the fourth review of the three-year arrangement under the Policy Support...
Philippine economy likely to grow close to 7 percent in next three years
The Philippines is likely to grow close to 7 percent in the next two to three years, and will remain a top performer in the East Asia and Pacific Region, according to the World Bank Philippines Economic Update released on April 11th.
IMF Executive Board Concludes 2016 Article IV Consultation with Qatar
On March 20, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Qatar.
Qatar has been implementing an ambitious diversification strategy, while strengthening its policy framework.
