Tajikistan Needs More and Better Jobs, says World Bank
A new report by the World Bank highlights Tajikistan’s need to prioritize job creation in order to achieve its development objectives and reduce poverty. The report, Tajikistan Jobs Diagnostic: Strategic Framework for Jobs, analyzes the main...
IMF Staff Completes 2016 Article IV Mission to The Dominican Republic
An International Monetary Fund (IMF) mission led by Aliona Cebotari visited Santo Domingo during January 31–February 10, 2017, to conduct Article IV Consultation discussions. The mission met with government and Central Bank officials, think tanks, and...
Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to UAE
● It is key to develop a medium-term strategy to generate government revenues in Arab countries to finance spending that promotes growth, equity, and inclusiveness.
● Gradual fiscal consolidation and vigorous implementation of structural...
150 Women Trained in World Bank Online Work Pilot in Kosovo, New Phase with Local Partners Planned
The World Bank and the Ministry of Economic Development of Kosovo have concluded the Women in Online Work (WoW) pilot project, which helped train over 150 young, unemployed and underemployed women in skills demanded by the ever-growing online,...
New IMF Training and Technical Assistance Center for Economic Capacity Building in South Asia
The IMF’s South Asia Training and Technical Assistance Center (SARTTAC) was officially inaugurated by Secretary Shaktikanta Das of India’s Ministry of Finance in New Delhi on February 13, 2017. Deputy Managing Director Carla Grasso and senior...
World Bank Report: Improving Conditions for People and Businesses in Africa’s Cities Is Key to Growth
Africa’s cities are growing in population – adding the size of another Nigeria to cities by 2025 – so have a critical role to play in their countries’ economic growth, says a new World Bank report released on February 9. Improving conditions for...
OECD unemployment rate stable at 6.2% in December 2016
World Bank Approves $55.25 Million Grant to Help Develop Geothermal Power in Indonesia
The World Bank’s Board of Executive Directors on February 9, approved $55.25 million in grants to support the Geothermal Energy Upstream Development Project in Indonesia, which aims to facilitate investment in geothermal power generation in the...
IMF Team Meets with Costa Rican Authorities
An International Monetary Fund (IMF) team led by Mr. Alejandro Werner, Director of the Western Hemisphere Department, and Mr. Lorenzo Figliuoli, IMF mission chief for Costa Rica, on February 8 met with Costa Rican authorities in Washington to discuss...
Efficient Trucking Is a Growth Enabler: New IRU-World Bank Guide to Reform
The World Bank and the International Road and Transport Union (IRU) have jointly released a new guide on Road Freight Transport Services Reform that shows how efficient trucking facilitates trade, reduces poverty and generates prosperity. Key...
