Finance & Economics

UK Campaign launched to increase low paid workers’ knowledge of national minimum and national living wage rights

UK government has on 27 February launched a nationwide campaign to increase low paid workers’ understanding of their rights around pay.

Solomon Islands: Negotiations Underway on Key Agreements for Tina River Hydropower Project

Negotiations are now underway to deliver cheaper, more reliable power to Solomon Islands through the Tina River Hydropower Project, with Korean companies Korea Water Resources (K-Water) and Hyundai Engineering Corporation meeting with representatives...

IMF Executive Board Concludes Fifth Post-Program Monitoring with Portugal

On February 17, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Fifth Post-Program Monitoring with Portugal.

IMF Staff Completes 2017 Article IV Mission to Samoa

An International Monetary Fund (IMF) team led by Niamh Sheridan visited Samoa from February 8-17 to hold discussions with authorities on the 2017 Article IV Consultation. The team met with the Minister of Finance Sili Epa Tuioti, Chief Executive...

IMF Reaches Staff-level Agreement with Benin on an Extended Credit Facility Arrangement

At the request of the government of Benin, a team from the International Monetary Fund (IMF), led by Norbert Toé, Mission Chief for Benin, visited Cotonou from February 15 to 22, 2017, to finalize discussions with the authorities on a three-year...

Free-Trade Zones in the Dominican Republic, an Engine for Competitiveness and Jobs: World Bank

A new report presented on February 22, by the World Bank suggests a series of policies designed to strengthen free-trade zones in the Dominican Republic as a path toward sustainable and inclusive economic growth, and its effective use in order to...

Policy Uncertainty Weighs on World Trade

Global trade growth continued to be slow for the fifth consecutive year, with 2016 showing the weakest trade performance since the 2008-2009 global financial crisis. According to a new paper, preliminary data suggest that world merchandise trade grew...

IMF Executive Board Concludes 2016 Article IV Consultation with Malta

On February 17, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Malta.

World Bank to Help Improve Road Maintenance in China’s Anhui Province

The World Bank’s Board of Executive Directors approved a US$150 million loan to improve road maintenance in China’s Anhui province, on February 21.

OECD GDP growth slows to 0.4% in fourth quarter of 2016

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