Finance & Economics

World Bank Launches Improved Solar Maps for Pakistan

The World Bank, on March 7, in partnership with the Alternative Energy Development Board (AEDB), launched a series of new solar maps for Pakistan in support of the efforts to increase the deployment of renewable energy in Pakistan. This will help in...

IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program

A staff team from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during February 21-March 7, 2017 to hold discussions on the second review of the Sri Lankan authorities’ economic program that is being supported by a three-year...

To Unlock Potential of Digital Economy, Kosovo Must Go Beyond Internet Access, Says World Bank

Countries in the European Union (EU) must enact policies designed to better help workers adapt to new jobs being created by the internet if they want to avoid increasing inequality and exclusion in the region, notes a new World Bank Report.

To Unlock Potential of Digital Age, Europe Must Go Beyond Internet Access, Says World Bank

Countries in the European Union (EU) must enact policies designed to better help workers adapt to new jobs being created by the internet if they want to avoid increasing inequality and exclusion in the region, notes a new World Bank Report.

IMF Staff Concludes Visit to Serbia

An International Monetary Fund (IMF) mission, led by James Roaf, visited Belgrade during February 27-March 6, 2017 to discuss progress in implementation of commitments under Serbia’s precautionary Stand-By Arrangement (SBA) with the IMF. A full...

The World Bank and Partners Recognize Results-Driven Leadership in Development

On March 6, at the 2017 Global Leadership Forum, hosted by the World Bank Group, the first ever Jose Edgardo Campos Collaborative Leadership awards will be presented to five exceptional leaders from around the world. These leaders, from government,...

Project Signing: Bangladesh receives $300 million World Bank Financing to Empower Local Governments Benefitting over 115 million People

The government of Bangladesh on March 6, signed a $300 million financing agreement with the World Bank to strengthen local governments through establishing national budget transfers for all 4,550 Union Parishads, the lowest tier of local government,...

Vienna Initiative: New Working Group on Capital Markets Union for CESEE Region

The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen capital markets which will have a major impact on financing of investment and sustaining growth in the Central...

IMF Reaches Staff-Level Agreement with Ukraine On Third Review of the Arrangement under the Extended Fund Facility

“The IMF staff has reached agreement with the Ukrainian authorities on an updated Memorandum of Economic and Financial Policies. This paves the way for consideration of the third review of the arrangement under the Extended Fund Facility (EFF) by the...

IMF Staff Concludes Visit to Jamaica to Discuss Progress of Economic Program

An International Monetary Fund (IMF) staff team led by Uma Ramakrishnan visited Jamaica from February 20 to March 3, 2017, to conduct discussions on the first review of Jamaica’s financial and economic program supported by the IMF’s precautionary...